Principal Financial Group Inc. acquired a new stake in shares of SIGA Technologies, Inc. (NASDAQ:SIGA – Free Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 22,143 shares of the company’s stock, valued at approximately $149,000.
Other large investors have also recently made changes to their positions in the company. DGS Capital Management LLC bought a new position in shares of SIGA Technologies during the third quarter valued at about $165,000. Virtu Financial LLC bought a new stake in SIGA Technologies in the 3rd quarter worth approximately $151,000. Geode Capital Management LLC increased its position in shares of SIGA Technologies by 6.3% during the 3rd quarter. Geode Capital Management LLC now owns 1,112,743 shares of the company’s stock valued at $7,512,000 after purchasing an additional 66,344 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of SIGA Technologies during the 3rd quarter valued at about $85,000. Finally, EP Wealth Advisors LLC bought a new position in SIGA Technologies in the 3rd quarter worth $82,000. 55.40% of the stock is owned by hedge funds and other institutional investors.
SIGA Technologies Stock Performance
SIGA stock opened at $6.29 on Wednesday. The company has a market capitalization of $449.14 million, a PE ratio of 5.24 and a beta of 0.94. SIGA Technologies, Inc. has a one year low of $4.26 and a one year high of $12.83. The company’s fifty day moving average price is $6.58 and its 200-day moving average price is $7.64.
SIGA Technologies Company 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.
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