SIGA Technologies, Inc. (NASDAQ:SIGA) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC trimmed its stake in SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 59.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 132,443 shares of the company's stock after selling 192,930 shares during the quarter. Los Angeles Capital Management LLC owned approximately 0.19% of SIGA Technologies worth $742,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. China Universal Asset Management Co. Ltd. grew its position in shares of SIGA Technologies by 351.7% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 8,225 shares of the company's stock valued at $46,000 after purchasing an additional 6,404 shares during the period. Evergreen Capital Management LLC purchased a new stake in shares of SIGA Technologies in the third quarter valued at $57,000. Aigen Investment Management LP purchased a new stake in shares of SIGA Technologies in the third quarter valued at $99,000. WINTON GROUP Ltd grew its position in shares of SIGA Technologies by 148.2% in the third quarter. WINTON GROUP Ltd now owns 32,733 shares of the company's stock valued at $172,000 after purchasing an additional 19,543 shares during the period. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of SIGA Technologies in the third quarter valued at $208,000. 55.40% of the stock is owned by institutional investors and hedge funds.

SIGA Technologies Stock Down 3.7 %

Shares of NASDAQ:SIGA traded down $0.29 during midday trading on Friday, reaching $7.46. The company's stock had a trading volume of 896,360 shares, compared to its average volume of 998,171. The business has a 50 day moving average price of $8.18 and a 200 day moving average price of $6.28. SIGA Technologies, Inc. has a 1 year low of $4.22 and a 1 year high of $10.83. The firm has a market cap of $530.58 million, a price-to-earnings ratio of 6.78 and a beta of 0.95.

SIGA Technologies (NASDAQ:SIGA - Get Free Report) last posted its quarterly earnings results on Tuesday, March 12th. The company reported $1.01 earnings per share (EPS) for the quarter. SIGA Technologies had a return on equity of 51.97% and a net margin of 50.48%. The firm had revenue of $116.48 million during the quarter. Sell-side analysts anticipate that SIGA Technologies, Inc. will post 1.22 earnings per share for the current fiscal year.

SIGA Technologies Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 11th. Shareholders of record on Tuesday, March 26th were given a dividend of $0.60 per share. The ex-dividend date was Monday, March 25th. This is an increase from SIGA Technologies's previous dividend of $0.45.

SIGA Technologies Company 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.