SG Americas Securities LLC Buys New Position in SIGA Technologies, Inc. (NASDAQ:SIGA)

SG Americas Securities LLC acquired a new position in SIGA Technologies, Inc. (NASDAQ:SIGA) during the third quarter, Holdings Channel.com reports. The firm acquired 21,167 shares of the company’s stock, valued at approximately $143,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SIGA. Vanguard Group Inc. grew its position in shares of 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 acquiring an additional 41,515 shares in the last quarter. AltraVue Capital LLC raised its stake in SIGA Technologies by 6.6% during the 2nd quarter. AltraVue Capital LLC now owns 2,177,646 shares of the company’s stock valued at $16,528,000 after acquiring an additional 134,450 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of SIGA Technologies by 7.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,821,788 shares of the company’s stock valued at $13,826,000 after purchasing an additional 133,883 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of SIGA Technologies by 251.2% in the 2nd quarter. American Century Companies Inc. now owns 841,759 shares of the company’s stock worth $6,389,000 after acquiring an additional 602,091 shares during the period. Finally, General American Investors Co. Inc. lifted its position in SIGA Technologies by 0.7% in the second quarter. General American Investors Co. Inc. now owns 746,646 shares of the company’s stock worth $5,667,000 after purchasing an additional 4,919 shares during the period. Hedge funds and other institutional investors own 55.40% of the company’s stock.

SIGA Technologies Stock Up 2.7 %

NASDAQ:SIGA opened at $6.77 on Friday. The business’s 50-day moving average price is $7.81 and its 200 day moving average price is $8.18. The firm has a market cap of $483.17 million, a P/E ratio of 5.74 and a beta of 0.90. SIGA Technologies, Inc. has a 52-week low of $4.26 and a 52-week high of $12.83.

SIGA Technologies (NASDAQ:SIGA) last announced its earnings results on Thursday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter. SIGA Technologies had a return on equity of 51.40% and a net margin of 48.55%. The company had revenue of $21.81 million for the quarter. During the same period last year, the firm earned ($0.04) earnings per share. Sell-side analysts expect that SIGA Technologies, Inc. will post 1.01 EPS for the current 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.