Hotchkis & Wiley Capital Management LLC Acquires 1,237,620 Shares of SIGA Technologies, Inc. (NASDAQ:SIGA)

Hotchkis & Wiley Capital Management LLC grew its holdings in SIGA Technologies, Inc. (NASDAQ:SIGA) by 152.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,048,440 shares of the company’s stock after buying an additional 1,237,620 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 2.87% of SIGA Technologies worth $13,827,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Larson Financial Group LLC bought a new position in shares of SIGA Technologies during the third quarter valued at approximately $30,000. DekaBank Deutsche Girozentrale bought a new position in SIGA Technologies in the 2nd quarter worth $40,000. AQR Capital Management LLC purchased a new stake in shares of SIGA Technologies in the 2nd quarter worth about $99,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of SIGA Technologies by 38.9% during 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 in the last quarter. Finally, China Universal Asset Management Co. Ltd. increased its position in shares of SIGA Technologies by 64.3% during the third quarter. China Universal Asset Management Co. Ltd. now owns 13,727 shares of the company’s stock valued at $93,000 after buying an additional 5,372 shares during the period. 55.40% of the stock is currently owned by institutional investors.

SIGA Technologies Price Performance

Shares of SIGA opened at $6.64 on Wednesday. The company has a 50-day simple moving average of $6.92 and a two-hundred day simple moving average of $7.84. The firm has a market capitalization of $474.10 million, a PE ratio of 5.53 and a beta of 0.89. SIGA Technologies, Inc. has a one year low of $4.26 and a one year high of $12.83.

SIGA Technologies (NASDAQ:SIGA) last released its earnings results on Thursday, November 7th. The company reported $0.02 EPS for the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. The company had revenue of $10.01 million during the quarter. Analysts expect 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.