Siga Technologies Inc. (NASDAQ:SIGA) Shares Sold by Bank of America Corp DE

Bank of America Corp DE trimmed its position in Siga Technologies Inc. (NASDAQ:SIGA - Free Report) by 93.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,220 shares of the company's stock after selling 367,682 shares during the period. Bank of America Corp DE's holdings in Siga Technologies were worth $164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the business. Teacher Retirement System of Texas raised its position in shares of Siga Technologies by 19.9% during the 4th quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock worth $77,000 after purchasing an additional 2,126 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Siga Technologies during the 4th quarter worth approximately $78,000. Bailard Inc. raised its holdings in shares of Siga Technologies by 31.5% during the fourth quarter. Bailard Inc. now owns 18,800 shares of the company's stock valued at $113,000 after acquiring an additional 4,500 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Siga Technologies by 29.7% in the fourth quarter. Wells Fargo & Company MN now owns 23,604 shares of the company's stock valued at $142,000 after acquiring an additional 5,400 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Siga Technologies by 8.1% in the fourth quarter. Principal Financial Group Inc. now owns 23,927 shares of the company's stock valued at $144,000 after acquiring an additional 1,784 shares in the last quarter. 55.40% of the stock is currently owned by institutional investors and hedge funds.

Siga Technologies Price Performance

NASDAQ SIGA traded up $0.12 during trading hours on Thursday, hitting $6.42. 317,037 shares of the company's stock traded hands, compared to its average volume of 727,268. The company has a market capitalization of $458.65 million, a PE ratio of 9.58 and a beta of 0.93. Siga Technologies Inc. has a 52-week low of $4.95 and a 52-week high of $12.83. The firm's 50-day moving average is $6.00 and its 200-day moving average is $5.99.

Siga Technologies (NASDAQ:SIGA - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $7.04 million for the quarter. Siga Technologies had a return on equity of 25.21% and a net margin of 40.30%. Equities research analysts predict that Siga Technologies Inc. will post 1.04 earnings per share for the current fiscal year.

Siga Technologies Announces Dividend

The company also recently disclosed a special dividend, which was paid on Thursday, May 15th. Shareholders of record on Tuesday, April 29th were paid a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, April 29th.

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.