Teza Capital Management LLC Trims Stake in SIGA Technologies, Inc. (NASDAQ:SIGA)

Teza Capital Management LLC lessened its holdings in shares of SIGA Technologies, Inc. (NASDAQ:SIGA) by 9.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 39,373 shares of the company’s stock after selling 4,328 shares during the quarter. Teza Capital Management LLC’s holdings in SIGA Technologies were worth $237,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of SIGA. Teacher Retirement System of Texas lifted its stake in shares of SIGA Technologies by 19.9% during the 4th quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company’s stock worth $77,000 after acquiring an additional 2,126 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of SIGA Technologies during the fourth quarter worth $78,000. EP Wealth Advisors LLC boosted its stake in shares of SIGA Technologies by 14.5% during the fourth quarter. EP Wealth Advisors LLC now owns 13,887 shares of the company’s stock valued at $83,000 after purchasing an additional 1,755 shares during the period. Sherbrooke Park Advisers LLC bought a new position in shares of SIGA Technologies in the fourth quarter worth about $83,000. Finally, ProShare Advisors LLC increased its stake in SIGA Technologies by 26.6% in the 4th quarter. ProShare Advisors LLC now owns 16,424 shares of the company’s stock worth $99,000 after buying an additional 3,455 shares during the period. Institutional investors own 55.40% of the company’s stock.

SIGA Technologies Price Performance

Shares of SIGA opened at $6.20 on Wednesday. The firm has a market capitalization of $442.93 million, a price-to-earnings ratio of 5.17 and a beta of 0.92. SIGA Technologies, Inc. has a 1-year low of $4.95 and a 1-year high of $12.83. The company has a 50-day moving average of $5.80 and a 200 day moving average of $6.10.

SIGA Technologies (NASDAQ:SIGA) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $7.04 million for the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. On average, equities analysts anticipate that SIGA Technologies, Inc. will post 1.04 earnings per share for the current fiscal year.

SIGA Technologies Announces Dividend

The firm also recently announced a special dividend, which was paid on Thursday, May 15th. Shareholders of record on Tuesday, April 29th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, April 29th.

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.