AltraVue Capital LLC Raises Stock Position in SIGA Technologies, Inc. (NASDAQ:SIGA)

AltraVue Capital LLC raised its position in SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 14.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,639,524 shares of the company's stock after purchasing an additional 326,630 shares during the period. SIGA Technologies comprises about 1.3% of AltraVue Capital LLC's investment portfolio, making the stock its 25th largest position. AltraVue Capital LLC owned about 3.70% of SIGA Technologies worth $15,864,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Franklin Resources Inc. boosted its position in SIGA Technologies by 62.2% during the fourth quarter. Franklin Resources Inc. now owns 74,596 shares of the company's stock worth $448,000 after acquiring an additional 28,615 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of SIGA Technologies by 7.2% during the fourth quarter. Wellington Management Group LLP now owns 120,225 shares of the company's stock worth $723,000 after purchasing an additional 8,028 shares during the last quarter. Prudential Financial Inc. boosted its holdings in shares of SIGA Technologies by 69.4% during the fourth quarter. Prudential Financial Inc. now owns 188,970 shares of the company's stock worth $1,136,000 after purchasing an additional 77,400 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of SIGA Technologies in the fourth quarter valued at $488,000. Finally, American Century Companies Inc. increased its stake in SIGA Technologies by 9.9% in the fourth quarter. American Century Companies Inc. now owns 1,271,972 shares of the company's stock valued at $7,645,000 after purchasing an additional 114,270 shares during the last quarter. 55.40% of the stock is currently owned by hedge funds and other institutional investors.

SIGA Technologies Price Performance

NASDAQ:SIGA traded up $0.17 during mid-day trading on Friday, reaching $5.39. The company's stock had a trading volume of 487,507 shares, compared to its average volume of 776,117. The stock has a market cap of $385.05 million, a P/E ratio of 4.49 and a beta of 1.03. The company's fifty day simple moving average is $5.77 and its two-hundred day simple moving average is $6.37. SIGA Technologies, Inc. has a twelve month low of $4.95 and a twelve month high of $12.83.

SIGA Technologies (NASDAQ:SIGA - Get Free Report) last released its earnings results on Tuesday, March 11th. The company reported $0.63 earnings per share (EPS) for the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. The business had revenue of $81.40 million for the quarter. Sell-side analysts expect that SIGA Technologies, Inc. will post 1.04 EPS for the current fiscal year.

SIGA Technologies 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.