SIGA Technologies, Inc. (NASDAQ:SIGA) Shares Acquired by Legato Capital Management LLC

Legato Capital Management LLC raised its position in shares of SIGA Technologies, Inc. (NASDAQ:SIGA) by 14.1% in the fourth quarter, HoldingsChannel reports. The firm owned 532,441 shares of the company’s stock after acquiring an additional 65,800 shares during the period. Legato Capital Management LLC’s holdings in SIGA Technologies were worth $3,200,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of SIGA. DAVENPORT & Co LLC boosted its position in shares of SIGA Technologies by 168.4% during the fourth quarter. DAVENPORT & Co LLC now owns 31,500 shares of the company’s stock worth $189,000 after buying an additional 19,762 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in SIGA Technologies by 30.0% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 19,902 shares of the company’s stock worth $120,000 after acquiring an additional 4,597 shares during the period. Linden Thomas Advisory Services LLC grew its stake in shares of SIGA Technologies by 21.6% in the fourth 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 in the last quarter. Exchange Traded Concepts LLC increased its holdings in shares of SIGA Technologies by 39.0% during the fourth quarter. Exchange Traded Concepts LLC now owns 49,179 shares of the company’s stock valued at $296,000 after purchasing an additional 13,807 shares during the period. Finally, SG Americas Securities LLC increased its holdings in shares of SIGA Technologies by 7.8% during the fourth quarter. SG Americas Securities LLC now owns 22,819 shares of the company’s stock valued at $137,000 after purchasing an additional 1,652 shares during the period. Institutional investors own 55.40% of the company’s stock.

SIGA Technologies Stock Down 0.7 %

Shares of SIGA opened at $6.03 on Wednesday. The firm has a market capitalization of $430.54 million, a PE ratio of 5.03 and a beta of 0.94. The firm has a 50-day moving average price of $6.19 and a 200 day moving average price of $7.23. SIGA Technologies, Inc. has a 52-week low of $4.75 and a 52-week high of $12.83.

SIGA Technologies 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.