Victory Capital Management Inc. Decreases Position in Siga Technologies Inc. (NASDAQ:SIGA)

Victory Capital Management Inc. trimmed its position in Siga Technologies Inc. (NASDAQ:SIGA) by 9.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 280,041 shares of the company’s stock after selling 28,457 shares during the quarter. Victory Capital Management Inc. owned approximately 0.39% of Siga Technologies worth $1,535,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SIGA. Teacher Retirement System of Texas grew its position in 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 purchasing an additional 2,126 shares during the last quarter. American Century Companies Inc. boosted its holdings in Siga Technologies by 9.9% during the fourth quarter. American Century Companies Inc. now owns 1,271,972 shares of the company’s stock worth $7,645,000 after buying an additional 114,270 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in Siga Technologies during the fourth quarter worth about $488,000. Prudential Financial Inc. boosted its holdings in Siga Technologies by 69.4% during the fourth quarter. Prudential Financial Inc. now owns 188,970 shares of the company’s stock worth $1,136,000 after buying an additional 77,400 shares in the last quarter. Finally, Wellington Management Group LLP boosted its holdings in Siga Technologies by 7.2% during the fourth quarter. Wellington Management Group LLP now owns 120,225 shares of the company’s stock worth $723,000 after buying an additional 8,028 shares in the last quarter. 55.40% of the stock is currently owned by institutional investors and hedge funds.

Siga Technologies Price Performance

Shares of NASDAQ SIGA opened at $7.01 on Wednesday. Siga Technologies Inc. has a 12-month low of $4.95 and a 12-month high of $12.83. The company has a market capitalization of $500.79 million, a PE ratio of 10.46 and a beta of 0.94. The firm’s 50-day moving average is $6.48 and its two-hundred day moving average is $6.08.

Siga Technologies (NASDAQ:SIGA) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.01) EPS for the quarter. The company had revenue of $7.04 million for the quarter. Siga Technologies had a return on equity of 25.21% and a net margin of 40.30%. On average, analysts forecast that Siga Technologies Inc. will post 1.04 EPS for the current fiscal year.

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.