Charles Schwab Investment Management Inc. Has $3.42 Million Position in SIGA Technologies, Inc. (NASDAQ:SIGA)

Charles Schwab Investment Management Inc. grew its position in SIGA Technologies, Inc. (NASDAQ:SIGA) by 5.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 507,262 shares of the company’s stock after purchasing an additional 24,101 shares during the period. Charles Schwab Investment Management Inc. owned about 0.71% of SIGA Technologies worth $3,424,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SIGA. AltraVue Capital LLC increased its position in shares of SIGA Technologies by 6.6% in the 2nd quarter. AltraVue Capital LLC now owns 2,177,646 shares of the company’s stock valued at $16,528,000 after buying an additional 134,450 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in SIGA Technologies by 7.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,821,788 shares of the company’s stock valued at $13,826,000 after acquiring an additional 133,883 shares during the period. American Century Companies Inc. increased its holdings in shares of SIGA Technologies by 251.2% in the second quarter. American Century Companies Inc. now owns 841,759 shares of the company’s stock worth $6,389,000 after acquiring an additional 602,091 shares in the last quarter. General American Investors Co. Inc. raised its position in shares of SIGA Technologies by 0.7% during the second quarter. General American Investors Co. Inc. now owns 746,646 shares of the company’s stock worth $5,667,000 after purchasing an additional 4,919 shares during the period. Finally, Legato Capital Management LLC raised its position in shares of SIGA Technologies by 8.5% during the second quarter. Legato Capital Management LLC now owns 437,358 shares of the company’s stock worth $3,320,000 after purchasing an additional 34,271 shares during the period. 55.40% of the stock is owned by institutional investors.

SIGA Technologies Stock Performance

Shares of SIGA opened at $6.18 on Friday. The stock has a 50 day simple moving average of $6.83 and a 200 day simple moving average of $7.78. SIGA Technologies, Inc. has a 52-week low of $4.26 and a 52-week high of $12.83. The firm has a market capitalization of $441.28 million, a PE ratio of 5.15 and a beta of 0.89.

SIGA Technologies (NASDAQ:SIGA) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.02 earnings per share for the quarter. SIGA Technologies had a net margin of 49.33% and a return on equity of 49.06%. The company had revenue of $10.01 million during the quarter. Equities research analysts predict that SIGA Technologies, Inc. will post 1.04 EPS for the current fiscal year.

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.