First Wilshire Securities Management Inc. Cuts Stock Position in SIGA Technologies, Inc. (NASDAQ:SIGA)

First Wilshire Securities Management Inc. lowered its stake in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,374,336 shares of the company's stock after selling 64,293 shares during the quarter. SIGA Technologies accounts for 3.8% of First Wilshire Securities Management Inc.'s investment portfolio, making the stock its 7th biggest position. First Wilshire Securities Management Inc. owned 3.33% of SIGA Technologies worth $14,270,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Hotchkis & Wiley Capital Management LLC raised its stake in shares of SIGA Technologies by 152.6% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,048,440 shares of the company's stock worth $13,827,000 after acquiring an additional 1,237,620 shares in the last quarter. AltraVue Capital LLC grew its holdings in shares of SIGA Technologies by 14.1% during the 4th quarter. AltraVue Capital LLC now owns 2,639,524 shares of the company's stock valued at $15,864,000 after purchasing an additional 326,630 shares during the last quarter. Denali Advisors LLC lifted its stake in SIGA Technologies by 58.3% in the fourth quarter. Denali Advisors LLC now owns 378,544 shares of the company's stock worth $2,275,000 after purchasing an additional 139,354 shares during the last quarter. American Century Companies Inc. boosted its position in SIGA Technologies by 9.9% during the fourth quarter. American Century Companies Inc. now owns 1,271,972 shares of the company's stock valued at $7,645,000 after buying an additional 114,270 shares during the period. Finally, Wellington Management Group LLP purchased a new stake in SIGA Technologies during the third quarter valued at about $757,000. 55.40% of the stock is owned by institutional investors.

SIGA Technologies Stock Up 3.3 %

Shares of SIGA traded up $0.17 during trading hours on Friday, hitting $5.39. The company had a trading volume of 487,507 shares, compared to its average volume of 776,117. SIGA Technologies, Inc. has a 52-week low of $4.95 and a 52-week high of $12.83. The stock's 50 day moving average price is $5.77 and its 200 day moving average price is $6.37. The firm has a market cap of $385.05 million, a P/E ratio of 4.49 and a beta of 1.03.

SIGA Technologies (NASDAQ:SIGA - Get Free Report) last announced its quarterly earnings data on Tuesday, March 11th. The company reported $0.63 earnings per share for the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. The firm had revenue of $81.40 million during the quarter. On average, research analysts expect that SIGA Technologies, Inc. will post 1.04 EPS for the current fiscal year.

SIGA Technologies Profile

SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security related markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. The company was incorporated in 1995 and is headquartered in New York, New York.