Siga Technologies Inc. $SIGA Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC decreased its holdings in shares of Siga Technologies Inc. (NASDAQ:SIGA) by 43.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 160,853 shares of the company’s stock after selling 124,744 shares during the period. Los Angeles Capital Management LLC owned about 0.23% of Siga Technologies worth $1,049,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in SIGA. Hotchkis & Wiley Capital Management LLC lifted its holdings 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 purchasing an additional 1,093,080 shares in the last quarter. Nuveen LLC acquired a new position in shares of Siga Technologies during the 1st quarter worth about $815,000. American Century Companies Inc. lifted its stake in Siga Technologies by 7.8% in the 1st 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. Jane Street Group LLC boosted its holdings in Siga Technologies by 138.4% in the 1st quarter. Jane Street Group LLC now owns 114,147 shares of the company’s stock worth $626,000 after buying an additional 66,265 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in Siga Technologies by 51.7% in the 1st quarter. Wellington Management Group LLP now owns 182,328 shares of the company’s stock worth $999,000 after buying an additional 62,103 shares during the last quarter. 55.40% of the stock is currently owned by institutional investors and hedge funds.

Siga Technologies Trading Down 1.3%

SIGA stock opened at $6.21 on Thursday. The company has a market cap of $444.70 million, a price-to-earnings ratio of 5.50 and a beta of 0.93. Siga Technologies Inc. has a 12 month low of $4.95 and a 12 month high of $9.62. The firm has a 50-day moving average of $8.42 and a two-hundred day moving average of $7.39.

Siga Technologies (NASDAQ:SIGA) last issued its earnings results on Thursday, November 6th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $2.62 million for the quarter. Siga Technologies had a return on equity of 40.52% and a net margin of 45.73%. As a group, equities analysts forecast that Siga Technologies Inc. will post 1.04 earnings per share for the current year.

Analyst Ratings Changes

SIGA has been the subject of a number of research analyst reports. Wall Street Zen raised Siga Technologies from a “hold” rating to a “strong-buy” rating in a report on Saturday, August 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Siga Technologies in a research report on Friday, October 31st. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Siga Technologies has an average rating of “Hold”.

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.