Bank of New York Mellon Corp Has $1.74 Million Position in SIGA Technologies, Inc. (NASDAQ:SIGA)

Bank of New York Mellon Corp lifted its position in shares of SIGA Technologies, Inc. (NASDAQ:SIGA) by 52.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 289,712 shares of the company’s stock after buying an additional 99,670 shares during the period. Bank of New York Mellon Corp’s holdings in SIGA Technologies were worth $1,741,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SIGA. Hotchkis & Wiley Capital Management LLC grew its stake in shares of SIGA Technologies by 152.6% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,048,440 shares of the company’s stock valued at $13,827,000 after buying an additional 1,237,620 shares in the last quarter. Geode Capital Management LLC boosted its position in SIGA Technologies by 6.3% during the third quarter. Geode Capital Management LLC now owns 1,112,743 shares of the company’s stock worth $7,512,000 after purchasing an additional 66,344 shares during the period. New York State Common Retirement Fund boosted its holdings in shares of SIGA Technologies by 19.1% during the fourth quarter. New York State Common Retirement Fund now owns 589,620 shares of the company’s stock worth $3,544,000 after acquiring an additional 94,490 shares during the period. Legato Capital Management LLC boosted its holdings in shares of SIGA Technologies by 14.1% during the fourth quarter. Legato Capital Management LLC now owns 532,441 shares of the company’s stock worth $3,200,000 after acquiring an additional 65,800 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in shares of SIGA Technologies by 5.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 507,262 shares of the company’s stock valued at $3,424,000 after purchasing an additional 24,101 shares during the last quarter. 55.40% of the stock is owned by institutional investors and hedge funds.

SIGA Technologies Stock Performance

SIGA opened at $5.61 on Friday. SIGA Technologies, Inc. has a fifty-two week low of $5.16 and a fifty-two week high of $12.83. The company has a market capitalization of $400.76 million, a P/E ratio of 4.68 and a beta of 0.98. The stock has a fifty day moving average of $5.91 and a 200-day moving average of $6.53.

SIGA Technologies (NASDAQ:SIGA) last posted its earnings results on Tuesday, March 11th. The company reported $0.63 earnings per share 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 $81.40 million during the quarter. On average, equities research analysts predict that SIGA Technologies, Inc. will post 1.04 earnings per share for the current fiscal 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.