Wellington Management Group LLP purchased a new position in SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 112,197 shares of the company's stock, valued at approximately $757,000. Wellington Management Group LLP owned approximately 0.16% of SIGA Technologies as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in SIGA. Rhumbline Advisers boosted its stake in SIGA Technologies by 4.2% during the 2nd quarter. Rhumbline Advisers now owns 69,947 shares of the company's stock valued at $531,000 after purchasing an additional 2,851 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in SIGA Technologies by 38.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,684 shares of the company's stock worth $104,000 after buying an additional 3,829 shares during the last quarter. Larson Financial Group LLC bought a new position in SIGA Technologies during the 3rd quarter valued at about $30,000. General American Investors Co. Inc. boosted its holdings in shares of SIGA Technologies by 0.7% during the 2nd quarter. General American Investors Co. Inc. now owns 746,646 shares of the company's stock valued at $5,667,000 after acquiring an additional 4,919 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new stake in shares of SIGA Technologies in the second quarter worth approximately $40,000. Hedge funds and other institutional investors own 55.40% of the company's stock.
SIGA Technologies Price Performance
Shares of SIGA traded down $0.12 on Friday, reaching $5.91. The company's stock had a trading volume of 540,921 shares, compared to its average volume of 855,650. SIGA Technologies, Inc. has a 12-month low of $4.26 and a 12-month high of $12.83. The stock has a market capitalization of $422.00 million, a P/E ratio of 4.93 and a beta of 0.89. The stock's 50 day simple moving average is $6.76 and its two-hundred day simple moving average is $7.73.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.02 EPS for the quarter. The business had revenue of $10.01 million during the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. Analysts expect that SIGA Technologies, Inc. will post 1.04 earnings per share for the current 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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