SIGA Technologies, Inc. (NASDAQ:SIGA) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. cut its stake in shares of SIGA Technologies, Inc. (NASDAQ:SIGA) by 8.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 462,188 shares of the company’s stock after selling 45,074 shares during the period. Charles Schwab Investment Management Inc.’s holdings in SIGA Technologies were worth $2,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. SG Americas Securities LLC grew its position in SIGA Technologies by 7.8% during the fourth quarter. SG Americas Securities LLC now owns 22,819 shares of the company’s stock worth $137,000 after buying an additional 1,652 shares during the period. Principal Financial Group Inc. lifted its position in shares of SIGA Technologies by 8.1% in the fourth quarter. Principal Financial Group Inc. now owns 23,927 shares of the company’s stock valued at $144,000 after acquiring an additional 1,784 shares in the last quarter. Linden Thomas Advisory Services LLC boosted its stake in shares of SIGA Technologies by 21.6% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 24,292 shares of the company’s stock worth $146,000 after purchasing an additional 4,315 shares during the last quarter. Larson Financial Group LLC purchased a new stake in SIGA Technologies in the 3rd quarter worth approximately $30,000. Finally, Bailard Inc. increased its stake in SIGA Technologies by 31.5% in the fourth quarter. Bailard Inc. now owns 18,800 shares of the company’s stock valued at $113,000 after purchasing an additional 4,500 shares during the last quarter. Institutional investors and hedge funds own 55.40% of the company’s stock.

SIGA Technologies Stock Down 2.8 %

NASDAQ:SIGA opened at $5.57 on Friday. The company has a market cap of $397.90 million, a P/E ratio of 4.64 and a beta of 0.98. The firm’s 50 day moving average is $5.88 and its two-hundred day moving average is $6.48. SIGA Technologies, Inc. has a fifty-two week low of $5.16 and a fifty-two week high of $12.83.

SIGA Technologies (NASDAQ:SIGA) last announced its quarterly earnings results on Tuesday, March 11th. The company reported $0.63 earnings per share for the quarter. The firm had revenue of $81.40 million during the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. Research analysts forecast 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.