Freedom Investment Management Inc. Acquires New Position in SIGA Technologies, Inc. (NASDAQ:SIGA)

Freedom Investment Management Inc. bought a new position in SIGA Technologies, Inc. (NASDAQ:SIGA) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 23,273 shares of the company’s stock, valued at approximately $157,000.

Several other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in SIGA Technologies by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 2,283,612 shares of the company’s stock worth $19,548,000 after purchasing an additional 41,515 shares during the last quarter. AltraVue Capital LLC boosted its position in shares of SIGA Technologies by 6.6% during the second quarter. AltraVue Capital LLC now owns 2,177,646 shares of the company’s stock worth $16,528,000 after buying an additional 134,450 shares during the period. Tidal Investments LLC bought a new position in SIGA Technologies in the 1st quarter worth approximately $157,000. Harbor Capital Advisors Inc. acquired a new stake in SIGA Technologies in the 3rd quarter valued at approximately $1,098,000. Finally, Allspring Global Investments Holdings LLC raised its stake in SIGA Technologies by 172.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 211,236 shares of the company’s stock valued at $1,426,000 after acquiring an additional 133,597 shares in the last quarter. Institutional investors own 55.40% of the company’s stock.

SIGA Technologies Stock Performance

Shares of SIGA stock opened at $7.28 on Monday. SIGA Technologies, Inc. has a 1 year low of $4.26 and a 1 year high of $12.83. The firm has a market capitalization of $519.83 million, a PE ratio of 6.07 and a beta of 0.89. The stock has a fifty day moving average of $6.94 and a two-hundred day moving average of $7.85.

SIGA Technologies (NASDAQ:SIGA) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.02 earnings per share for the quarter. The business had revenue of $10.01 million during the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. Equities research analysts predict that SIGA Technologies, Inc. will post 1.04 earnings per share for the current fiscal year.

About SIGA Technologies

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.