SIGA Technologies, Inc. (NASDAQ:SIGA - Get Free Report) saw unusually large options trading on Wednesday. Traders purchased 1,200 call options on the stock. This is an increase of approximately 1,438% compared to the average daily volume of 78 call options.
Institutional Investors Weigh In On SIGA Technologies
A number of institutional investors have recently modified their holdings of SIGA. Russell Investments Group Ltd. grew its stake 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 buying an additional 9,771 shares in the last quarter. Corton Capital Inc. acquired a new stake in shares of SIGA Technologies in the first quarter valued at $58,000. Teacher Retirement System of Texas grew its stake in shares of SIGA Technologies by 19.9% in the fourth quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock valued at $77,000 after buying an additional 2,126 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in SIGA Technologies in the fourth quarter valued at $78,000. Finally, EP Wealth Advisors LLC boosted its holdings in SIGA Technologies by 14.5% in the fourth quarter. EP Wealth Advisors LLC now owns 13,887 shares of the company's stock valued at $83,000 after purchasing an additional 1,755 shares during the period. 55.40% of the stock is owned by institutional investors and hedge funds.
SIGA Technologies Stock Performance
Shares of NASDAQ SIGA traded up $0.10 during trading on Monday, reaching $6.08. The stock had a trading volume of 451,097 shares, compared to its average volume of 730,951. SIGA Technologies has a fifty-two week low of $4.95 and a fifty-two week high of $12.83. The business's 50-day moving average price is $5.86 and its 200-day moving average price is $6.03. The company has a market cap of $434.36 million, a P/E ratio of 5.07 and a beta of 0.92.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.01) earnings per share for the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. The firm had revenue of $7.04 million during the quarter. Analysts forecast that SIGA Technologies will post 1.04 EPS for the current fiscal year.
SIGA Technologies Dividend Announcement
The company also recently disclosed a special dividend, which was paid on Thursday, May 15th. Stockholders of record on Tuesday, April 29th were paid 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.
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