Royce & Associates LP trimmed its stake in shares of Siga Technologies Inc. (NASDAQ:SIGA - Free Report) by 10.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 758,676 shares of the company's stock after selling 85,644 shares during the quarter. Royce & Associates LP owned about 1.06% of Siga Technologies worth $4,158,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. Harbor Capital Advisors Inc. increased its holdings in Siga Technologies by 31.8% in the 1st quarter. Harbor Capital Advisors Inc. now owns 222,012 shares of the company's stock valued at $1,217,000 after purchasing an additional 53,534 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Siga Technologies by 9.9% during the 4th quarter. American Century Companies Inc. now owns 1,271,972 shares of the company's stock valued at $7,645,000 after acquiring an additional 114,270 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Siga Technologies by 11.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,126,065 shares of the company's stock worth $12,777,000 after acquiring an additional 217,926 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Siga Technologies by 237.7% during the 4th quarter. Renaissance Technologies LLC now owns 417,436 shares of the company's stock worth $2,509,000 after purchasing an additional 293,836 shares in the last quarter. Finally, LSV Asset Management raised its position in shares of Siga Technologies by 52.3% in the fourth quarter. LSV Asset Management now owns 161,988 shares of the company's stock valued at $974,000 after purchasing an additional 55,600 shares during the period. 55.40% of the stock is owned by institutional investors and hedge funds.
Siga Technologies Price Performance
SIGA stock traded down $0.06 on Thursday, reaching $6.62. 96,398 shares of the company were exchanged, compared to its average volume of 449,302. The firm has a market capitalization of $472.58 million, a PE ratio of 9.87 and a beta of 0.94. The stock's fifty day moving average price is $6.49 and its 200 day moving average price is $6.09. Siga Technologies Inc. has a 12 month low of $4.95 and a 12 month high of $12.83.
Siga Technologies (NASDAQ:SIGA - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.01) earnings per share (EPS) for the quarter. Siga Technologies had a net margin of 40.30% and a return on equity of 25.21%. The firm had revenue of $7.04 million during the quarter. As a group, research analysts expect that Siga Technologies Inc. will post 1.04 EPS for the current fiscal year.
Siga Technologies Company Profile
(
Free Report)
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.
See Also

Before you consider Siga Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Siga Technologies wasn't on the list.
While Siga Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.