Los Angeles Capital Management LLC Makes New Investment in SIGA Technologies, Inc. (NASDAQ:SIGA)

Posted by Defense World Staff on May 2nd, 2023

Los Angeles Capital Management LLC purchased a new position in shares of SIGA Technologies, Inc. (NASDAQ:SIGA – Get Rating) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 225,517 shares of the company’s stock, valued at approximately $1,660,000. Los Angeles Capital Management LLC owned approximately 0.31% of SIGA Technologies as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gladius Capital Management LP acquired a new position in shares of SIGA Technologies in the 4th quarter valued at $32,000. UBS Group AG boosted its holdings in shares of SIGA Technologies by 30.3% in the 2nd quarter. UBS Group AG now owns 4,596 shares of the company’s stock valued at $53,000 after buying an additional 1,070 shares in the last quarter. Wipfli Financial Advisors LLC acquired a new position in shares of SIGA Technologies in the 3rd quarter valued at $50,000. Cambridge Investment Research Advisors Inc. acquired a new position in shares of SIGA Technologies in the 3rd quarter valued at $105,000. Finally, Royal Bank of Canada boosted its holdings in shares of SIGA Technologies by 338.6% in the 3rd quarter. Royal Bank of Canada now owns 10,771 shares of the company’s stock valued at $111,000 after buying an additional 8,315 shares in the last quarter. Institutional investors and hedge funds own 39.44% of the company’s stock.

SIGA Technologies Trading Down 0.2 %

Shares of SIGA Technologies stock opened at $5.82 on Tuesday. The company has a fifty day simple moving average of $5.91 and a 200-day simple moving average of $7.35. SIGA Technologies, Inc. has a 12-month low of $5.11 and a 12-month high of $26.99. The stock has a market cap of $414.78 million, a price-to-earnings ratio of 12.65 and a beta of 0.83.

SIGA Technologies (NASDAQ:SIGA – Get Rating) last released its quarterly earnings results on Thursday, March 2nd. The company reported ($0.01) EPS for the quarter. SIGA Technologies had a net margin of 30.61% and a return on equity of 20.85%. The business had revenue of $11.40 million during the quarter. On average, analysts forecast that SIGA Technologies, Inc. will post 1.06 earnings per share for the current fiscal year.

About SIGA Technologies

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SIGA Technologies, Inc is a commercial-stage pharmaceutical company, which engages in the development and commercialization of solutions for serious unmet medical needs and biothreats. The firm develops therapeutic solutions for lethal pathogens including smallpox, Ebola, dengue, Lassa fever, and other dangerous viruses.

Los Angeles Capital Management LLC Makes New Investment in SIGA Technologies, Inc. (NASDAQ:SIGA)

SIGA Technologies Trading Down 0.2 %

About SIGA Technologies

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