Sei Investments Co. Sells 9,800 Shares of SIGA Technologies, Inc. (NASDAQ:SIGA)

Sei Investments Co. trimmed its holdings in shares of SIGA Technologies, Inc. (NASDAQ:SIGA) by 24.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,645 shares of the company’s stock after selling 9,800 shares during the period. Sei Investments Co.’s holdings in SIGA Technologies were worth $225,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SIGA. Onyx Bridge Wealth Group LLC grew its holdings in shares of SIGA Technologies by 15.0% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 13,000 shares of the company’s stock valued at $114,000 after buying an additional 1,700 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of SIGA Technologies by 8.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,180 shares of the company’s stock worth $250,000 after buying an additional 2,218 shares during the last quarter. Rhumbline Advisers boosted its stake in shares of SIGA Technologies by 4.2% during the 2nd quarter. Rhumbline Advisers now owns 69,947 shares of the company’s stock worth $531,000 after buying an additional 2,851 shares during the last quarter. Linden Thomas Advisory Services LLC raised its holdings in shares of SIGA Technologies by 27.0% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 15,871 shares of the company’s stock valued at $120,000 after purchasing an additional 3,370 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of SIGA Technologies by 38.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,684 shares of the company’s stock valued at $104,000 after purchasing an additional 3,829 shares during the period. Institutional investors own 55.40% of the company’s stock.

SIGA Technologies Stock Up 4.1 %

Shares of NASDAQ:SIGA opened at $6.87 on Friday. The company’s 50 day moving average price is $8.26 and its two-hundred day moving average price is $8.32. SIGA Technologies, Inc. has a 12-month low of $4.26 and a 12-month high of $12.83. The firm has a market cap of $490.31 million, a PE ratio of 5.87 and a beta of 0.90.

SIGA Technologies (NASDAQ:SIGA) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $21.81 million for the quarter. SIGA Technologies had a net margin of 48.55% and a return on equity of 51.40%. During the same quarter in the prior year, the business posted ($0.04) EPS. On average, research analysts expect that SIGA Technologies, Inc. will post 1.01 EPS for the current 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.