SIGA Technologies, Inc. (NASDAQ:SIGA - Get Free Report) saw some unusual options trading activity on Wednesday. Stock investors bought 1,200 call options on the stock. This is an increase of approximately 1,438% compared to the typical volume of 78 call options.
Hedge Funds Weigh In On SIGA Technologies
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC raised its holdings in SIGA Technologies by 7.8% in the fourth quarter. SG Americas Securities LLC now owns 22,819 shares of the company's stock valued at $137,000 after acquiring an additional 1,652 shares in the last quarter. EP Wealth Advisors LLC increased its position in shares of SIGA Technologies by 14.5% in the 4th quarter. EP Wealth Advisors LLC now owns 13,887 shares of the company's stock valued at $83,000 after purchasing an additional 1,755 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of SIGA Technologies by 8.1% in the 4th quarter. Principal Financial Group Inc. now owns 23,927 shares of the company's stock valued at $144,000 after purchasing an additional 1,784 shares in the last quarter. Teacher Retirement System of Texas lifted its position in shares of SIGA Technologies by 19.9% during the 4th quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock worth $77,000 after purchasing an additional 2,126 shares during the last quarter. Finally, ProShare Advisors LLC grew its stake in shares of SIGA Technologies by 26.6% during the fourth quarter. ProShare Advisors LLC now owns 16,424 shares of the company's stock worth $99,000 after purchasing an additional 3,455 shares in the last quarter. 55.40% of the stock is owned by institutional investors and hedge funds.
SIGA Technologies Stock Performance
Shares of NASDAQ:SIGA traded down $0.06 during trading on Monday, hitting $5.33. The company's stock had a trading volume of 655,894 shares, compared to its average volume of 775,638. The company has a market capitalization of $380.76 million, a PE ratio of 4.44 and a beta of 1.03. SIGA Technologies has a fifty-two week low of $4.95 and a fifty-two week high of $12.83. The business has a 50 day moving average price of $5.75 and a two-hundred day moving average price of $6.34.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last released its earnings results on Tuesday, March 11th. The company reported $0.63 EPS for the quarter. The firm had revenue of $81.40 million during the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. As a group, equities analysts expect that SIGA Technologies will post 1.04 earnings per share for the current fiscal year.
SIGA Technologies Company Profile
(
Get 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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