SIGA Technologies, Inc. (NASDAQ:SIGA - Get Free Report) was the recipient of unusually large options trading activity on Wednesday. Stock investors acquired 1,200 call options on the stock. This is an increase of 1,438% compared to the average volume of 78 call options.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of SIGA. Russell Investments Group Ltd. grew its position in shares of SIGA Technologies by 6,344.8% in the first quarter. Russell Investments Group Ltd. now owns 9,925 shares of the company's stock valued at $54,000 after purchasing an additional 9,771 shares during the last quarter. Corton Capital Inc. acquired a new stake in shares of SIGA Technologies during the 1st quarter valued at $58,000. Teacher Retirement System of Texas boosted its holdings 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 valued at $77,000 after acquiring an additional 2,126 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of SIGA Technologies during the 4th quarter valued at $78,000. Finally, EP Wealth Advisors LLC boosted its holdings in shares of SIGA Technologies by 14.5% during the 4th quarter. EP Wealth Advisors LLC now owns 13,887 shares of the company's stock valued at $83,000 after acquiring an additional 1,755 shares in the last quarter. Institutional investors own 55.40% of the company's stock.
SIGA Technologies Stock Performance
SIGA Technologies stock traded down $0.08 during trading hours on Friday, hitting $6.36. 502,961 shares of the stock were exchanged, compared to its average volume of 732,446. SIGA Technologies has a 12 month low of $4.95 and a 12 month high of $12.83. The business's 50-day moving average is $5.98 and its two-hundred day moving average is $6.00. The stock has a market capitalization of $454.36 million, a P/E ratio of 5.30 and a beta of 0.93.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $7.04 million during the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. On average, equities analysts predict that SIGA Technologies will post 1.04 earnings per share for the current fiscal year.
SIGA Technologies Dividend Announcement
The firm also recently announced a special dividend, which was paid on Thursday, May 15th. Investors of record on Tuesday, April 29th were given a $0.60 dividend. The ex-dividend date was Tuesday, April 29th.
SIGA Technologies Company Profile
(
Get 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
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
