EP Wealth Advisors LLC boosted its position in shares of Siga Technologies Inc. (NASDAQ:SIGA – Free Report) by 44.1% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,018 shares of the company’s stock after buying an additional 6,131 shares during the quarter. EP Wealth Advisors LLC’s holdings in Siga Technologies were worth $110,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the company. State of Wyoming boosted its stake in Siga Technologies by 90.9% during the first quarter. State of Wyoming now owns 87,203 shares of the company’s stock valued at $478,000 after buying an additional 41,535 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in Siga Technologies by 52.9% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 3,158,320 shares of the company’s stock valued at $17,308,000 after buying an additional 1,093,080 shares in the last quarter. Martingale Asset Management L P boosted its stake in Siga Technologies by 3.2% during the first quarter. Martingale Asset Management L P now owns 86,157 shares of the company’s stock valued at $472,000 after buying an additional 2,684 shares in the last quarter. Wellington Management Group LLP boosted its stake in Siga Technologies by 51.7% during the first quarter. Wellington Management Group LLP now owns 182,328 shares of the company’s stock valued at $999,000 after buying an additional 62,103 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in Siga Technologies by 7.8% during the first quarter. American Century Companies Inc. now owns 1,370,660 shares of the company’s stock valued at $7,511,000 after buying an additional 98,688 shares in the last quarter. Institutional investors own 55.40% of the company’s stock.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised Siga Technologies from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 9th.
Siga Technologies Stock Down 0.5%
NASDAQ:SIGA opened at $8.72 on Thursday. Siga Technologies Inc. has a 1-year low of $4.95 and a 1-year high of $9.62. The firm has a market capitalization of $624.44 million, a price-to-earnings ratio of 7.72 and a beta of 0.95. The stock has a fifty day simple moving average of $7.76 and a 200 day simple moving average of $6.55.
Siga Technologies (NASDAQ:SIGA – Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.49 earnings per share for the quarter. Siga Technologies had a return on equity of 40.52% and a net margin of 45.73%.The business had revenue of $81.12 million during the quarter. Equities analysts predict that Siga Technologies Inc. will post 1.04 earnings per share for the current year.
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.
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