SIGA Technologies, Inc. (NASDAQ:SIGA) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lowered its holdings in shares of SIGA Technologies, Inc. (NASDAQ:SIGA) by 10.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,143 shares of the company’s stock after selling 12,000 shares during the period. Los Angeles Capital Management LLC’s holdings in SIGA Technologies were worth $710,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. American Century Companies Inc. raised its stake in shares of SIGA Technologies by 251.2% during the second quarter. American Century Companies Inc. now owns 841,759 shares of the company’s stock valued at $6,389,000 after purchasing an additional 602,091 shares in the last quarter. Denali Advisors LLC bought a new stake in shares of SIGA Technologies during the 2nd quarter worth about $1,815,000. Harbor Capital Advisors Inc. bought a new stake in shares of SIGA Technologies during the 3rd quarter worth about $1,098,000. Hillsdale Investment Management Inc. acquired a new stake in shares of SIGA Technologies in the 1st quarter worth approximately $1,367,000. Finally, WINTON GROUP Ltd bought a new position in shares of SIGA Technologies in the second quarter valued at approximately $1,052,000. Institutional investors and hedge funds own 55.40% of the company’s stock.

SIGA Technologies Price Performance

Shares of NASDAQ:SIGA opened at $5.94 on Friday. The stock has a market cap of $424.15 million, a price-to-earnings ratio of 4.95 and a beta of 0.89. SIGA Technologies, Inc. has a 12 month low of $4.26 and a 12 month high of $12.83. The stock’s 50 day moving average price is $7.18 and its 200 day moving average price is $7.99.

SIGA Technologies (NASDAQ:SIGA) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.02 EPS for the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. The company had revenue of $10.01 million for the quarter. On average, sell-side analysts expect that SIGA Technologies, Inc. will post 1.01 EPS for the current year.

About SIGA Technologies

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.