SIGA Technologies Target of Unusually Large Options Trading (NASDAQ:SIGA)

SIGA Technologies, Inc. (NASDAQ:SIGA) saw some unusual options trading activity on Wednesday. Investors purchased 1,200 call options on the stock. This is an increase of 1,438% compared to the typical volume of 78 call options.

SIGA Technologies Stock Down 0.7 %

Shares of NASDAQ SIGA opened at $6.92 on Thursday. SIGA Technologies has a 52-week low of $4.26 and a 52-week high of $12.83. The firm has a fifty day moving average of $8.68 and a 200-day moving average of $8.40. The stock has a market capitalization of $493.88 million, a PE ratio of 6.29 and a beta of 0.91.

SIGA Technologies (NASDAQ:SIGA) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter. SIGA Technologies had a net margin of 48.55% and a return on equity of 51.40%. The company had revenue of $21.81 million during the quarter. During the same period in the prior year, the firm earned ($0.04) earnings per share. Equities research analysts expect that SIGA Technologies will post 1.01 EPS for the current fiscal year.

Institutional Trading of SIGA Technologies

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of SIGA Technologies by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 2,283,612 shares of the company’s stock valued at $19,548,000 after acquiring an additional 41,515 shares in the last quarter. AltraVue Capital LLC lifted its holdings in shares of SIGA Technologies by 6.6% during the 2nd quarter. AltraVue Capital LLC now owns 2,177,646 shares of the company’s stock valued at $16,528,000 after acquiring an additional 134,450 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of SIGA Technologies by 7.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,821,788 shares of the company’s stock valued at $13,826,000 after acquiring an additional 133,883 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of SIGA Technologies by 251.2% during the 2nd quarter. American Century Companies Inc. now owns 841,759 shares of the company’s stock valued at $6,389,000 after acquiring an additional 602,091 shares in the last quarter. Finally, General American Investors Co. Inc. lifted its holdings in shares of SIGA Technologies by 0.7% during the 2nd quarter. General American Investors Co. Inc. now owns 746,646 shares of the company’s stock valued at $5,667,000 after acquiring an additional 4,919 shares in the last quarter. 55.40% of the stock is owned by hedge funds and other institutional investors.

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.