LSV Asset Management grew its stake in SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 52.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 161,988 shares of the company's stock after purchasing an additional 55,600 shares during the period. LSV Asset Management owned approximately 0.23% of SIGA Technologies worth $974,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Teacher Retirement System of Texas boosted its stake in SIGA Technologies by 19.9% during the fourth quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock worth $77,000 after buying an additional 2,126 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in shares of SIGA Technologies in the 4th quarter worth about $78,000. EP Wealth Advisors LLC purchased a new position in shares of SIGA Technologies during the 3rd quarter worth about $82,000. XTX Topco Ltd bought a new position in SIGA Technologies during the 3rd quarter valued at about $85,000. Finally, Bailard Inc. raised its position in SIGA Technologies by 31.5% in the 4th quarter. Bailard Inc. now owns 18,800 shares of the company's stock worth $113,000 after purchasing an additional 4,500 shares during the period. Hedge funds and other institutional investors own 55.40% of the company's stock.
SIGA Technologies Stock Performance
NASDAQ SIGA traded up $0.07 during trading on Friday, hitting $5.99. The stock had a trading volume of 580,386 shares, compared to its average volume of 777,807. SIGA Technologies, Inc. has a one year low of $4.95 and a one year high of $12.83. The stock has a 50 day simple moving average of $5.75 and a 200 day simple moving average of $6.25. The stock has a market capitalization of $427.91 million, a price-to-earnings ratio of 4.99 and a beta of 1.03.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last issued its quarterly earnings results on Tuesday, March 11th. The company reported $0.63 earnings per share (EPS) for the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. The firm had revenue of $81.40 million during the quarter. On average, sell-side analysts predict that SIGA Technologies, Inc. will post 1.04 EPS for the current year.
SIGA Technologies Announces Dividend
The business also recently declared a special dividend, which will be paid on Thursday, May 15th. Investors of record on Tuesday, April 29th will be paid a $0.60 dividend. The ex-dividend date is Tuesday, April 29th.
About SIGA Technologies
(
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.
Further Reading
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
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
