SIGA Technologies, Inc. (NASDAQ:SIGA) Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC grew its stake in shares of SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) by 237.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 417,436 shares of the company's stock after buying an additional 293,836 shares during the quarter. Renaissance Technologies LLC owned approximately 0.58% of SIGA Technologies worth $2,509,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Teacher Retirement System of Texas raised its holdings in shares of SIGA Technologies by 19.9% in the 4th quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock worth $77,000 after acquiring an additional 2,126 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of SIGA Technologies during the fourth quarter worth about $78,000. Bailard Inc. boosted its stake in SIGA Technologies by 31.5% in the fourth quarter. Bailard Inc. now owns 18,800 shares of the company's stock worth $113,000 after buying an additional 4,500 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of SIGA Technologies by 30.0% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 19,902 shares of the company's stock valued at $120,000 after acquiring an additional 4,597 shares during the last quarter. Finally, Principal Financial Group Inc. bought a new stake in SIGA Technologies in the 3rd quarter worth $149,000. Institutional investors own 55.40% of the company's stock.

SIGA Technologies Stock Up 0.3 %

Shares of SIGA stock traded up $0.02 during trading hours on Thursday, hitting $5.54. 69,883 shares of the company's stock traded hands, compared to its average volume of 773,563. The stock's fifty day simple moving average is $5.76 and its two-hundred day simple moving average is $6.22. The stock has a market cap of $395.64 million, a price-to-earnings ratio of 4.61 and a beta of 1.03. 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 released its earnings results on Tuesday, March 11th. The company reported $0.63 EPS for the quarter. The firm had revenue of $81.40 million for the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. On average, equities analysts forecast that SIGA Technologies, Inc. will post 1.04 earnings per share for the current fiscal year.

SIGA Technologies Dividend Announcement

The business also recently disclosed a special dividend, which will be paid on Thursday, May 15th. Stockholders of record on Tuesday, April 29th will be paid a dividend of $0.60 per share. The ex-dividend date is Tuesday, April 29th.

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.