Siga Technologies Inc. $SIGA Shares Purchased by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC increased its holdings in shares of Siga Technologies Inc. (NASDAQ:SIGA) by 413.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 198,413 shares of the company’s stock after acquiring an additional 159,779 shares during the quarter. Campbell & CO Investment Adviser LLC owned about 0.28% of Siga Technologies worth $1,294,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. DekaBank Deutsche Girozentrale acquired a new position in Siga Technologies during the second quarter worth $34,000. Russell Investments Group Ltd. raised its holdings in shares of Siga Technologies by 6,344.8% during the 1st quarter. Russell Investments Group Ltd. now owns 9,925 shares of the company’s stock worth $54,000 after acquiring an additional 9,771 shares during the period. Corton Capital Inc. acquired a new position in shares of Siga Technologies during the 1st quarter valued at about $58,000. EP Wealth Advisors LLC boosted its position in shares of Siga Technologies by 44.1% during the 1st quarter. EP Wealth Advisors LLC now owns 20,018 shares of the company’s stock valued at $110,000 after acquiring an additional 6,131 shares during the last quarter. Finally, Cerity Partners LLC purchased a new stake in shares of Siga Technologies in the first quarter valued at about $119,000. Institutional investors and hedge funds own 55.40% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on SIGA. Wall Street Zen raised shares of Siga Technologies from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 9th. Weiss Ratings restated a “hold (c+)” rating on shares of Siga Technologies in a report on Friday, October 31st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Siga Technologies Stock Performance

Shares of SIGA stock opened at $6.29 on Wednesday. The firm has a market cap of $450.40 million, a P/E ratio of 5.57 and a beta of 0.93. The firm’s 50 day moving average price is $8.47 and its 200-day moving average price is $7.40. Siga Technologies Inc. has a one year low of $4.95 and a one year high of $9.62.

Siga Technologies (NASDAQ:SIGA) last announced its earnings results on Thursday, November 6th. The company reported ($0.09) earnings per share (EPS) for the quarter. Siga Technologies had a net margin of 45.73% and a return on equity of 40.52%. The firm had revenue of $2.62 million during the quarter. As a group, research analysts predict that Siga Technologies Inc. will post 1.04 EPS for the current fiscal 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.