First Wilshire Securities Management Inc. lessened its holdings in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 2.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,374,336 shares of the company's stock after selling 64,293 shares during the quarter. SIGA Technologies comprises approximately 3.8% of First Wilshire Securities Management Inc.'s portfolio, making the stock its 7th biggest holding. First Wilshire Securities Management Inc. owned 3.33% of SIGA Technologies worth $14,270,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Teacher Retirement System of Texas boosted its holdings in SIGA Technologies by 19.9% in the 4th quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock worth $77,000 after buying an additional 2,126 shares during the period. EP Wealth Advisors LLC purchased a new stake in shares of SIGA Technologies during the third quarter worth $82,000. XTX Topco Ltd bought a new position in shares of SIGA Technologies in the third quarter worth $85,000. Bailard Inc. raised its stake in shares of SIGA Technologies by 31.5% during the 4th quarter. Bailard Inc. now owns 18,800 shares of the company's stock valued at $113,000 after purchasing an additional 4,500 shares during the period. Finally, Intech Investment Management LLC purchased a new stake in SIGA Technologies during the 3rd quarter worth about $120,000. Institutional investors own 55.40% of the company's stock.
SIGA Technologies Price Performance
Shares of SIGA traded down $0.28 during midday trading on Thursday, hitting $5.22. 383,882 shares of the company traded hands, compared to its average volume of 781,028. The stock has a 50-day moving average of $5.79 and a 200-day moving average of $6.40. SIGA Technologies, Inc. has a one year low of $5.14 and a one year high of $12.83. The firm has a market cap of $372.90 million, a P/E ratio of 4.35 and a beta of 0.98.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last posted its earnings results on Tuesday, March 11th. The company reported $0.63 earnings per share for the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. The business had revenue of $81.40 million for the quarter. Sell-side analysts forecast that SIGA Technologies, Inc. will post 1.04 EPS for the current fiscal year.
About SIGA Technologies
(
Free Report)
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.
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