Foundry Partners LLC Acquires Shares of 414,916 SIGA Technologies, Inc. (NASDAQ:SIGA)

Foundry Partners LLC bought a new position in shares of SIGA Technologies, Inc. (NASDAQ:SIGA) in the third quarter, HoldingsChannel reports. The institutional investor bought 414,916 shares of the company’s stock, valued at approximately $2,801,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in SIGA. Vanguard Group Inc. increased its holdings in SIGA Technologies by 1.9% in the first quarter. Vanguard Group Inc. now owns 2,283,612 shares of the company’s stock valued at $19,548,000 after purchasing an additional 41,515 shares during the last quarter. AltraVue Capital LLC boosted its position in shares of SIGA Technologies by 6.6% during the second quarter. AltraVue Capital LLC now owns 2,177,646 shares of the company’s stock worth $16,528,000 after buying an additional 134,450 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of SIGA Technologies by 7.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,821,788 shares of the company’s stock worth $13,826,000 after buying an additional 133,883 shares during the period. American Century Companies Inc. boosted its position in 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 during the last quarter. Finally, General American Investors Co. Inc. boosted its position in SIGA Technologies by 0.7% during the second quarter. General American Investors Co. Inc. now owns 746,646 shares of the company’s stock valued at $5,667,000 after purchasing an additional 4,919 shares during the last quarter. Institutional investors own 55.40% of the company’s stock.

SIGA Technologies Stock Performance

Shares of NASDAQ SIGA opened at $6.27 on Friday. The stock has a 50 day moving average price of $7.06 and a 200 day moving average price of $7.90. The stock has a market capitalization of $447.68 million, a PE ratio of 5.23 and a beta of 0.89. SIGA Technologies, Inc. has a 52 week low of $4.26 and a 52 week high of $12.83.

SIGA Technologies (NASDAQ:SIGA) last announced its earnings results on Thursday, November 7th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $10.01 million for the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%.

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.