General American Investors Co. Inc. Has $5.67 Million Stock Holdings in SIGA Technologies, Inc. (NASDAQ:SIGA)

General American Investors Co. Inc. increased its stake in SIGA Technologies, Inc. (NASDAQ:SIGA) by 0.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 746,646 shares of the company’s stock after acquiring an additional 4,919 shares during the quarter. General American Investors Co. Inc.’s holdings in SIGA Technologies were worth $5,667,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SIGA. Onyx Bridge Wealth Group LLC boosted its position in SIGA Technologies by 15.0% during the first quarter. Onyx Bridge Wealth Group LLC now owns 13,000 shares of the company’s stock valued at $114,000 after acquiring an additional 1,700 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of SIGA Technologies by 8.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,180 shares of the company’s stock valued at $250,000 after purchasing an additional 2,218 shares in the last quarter. Rhumbline Advisers boosted its position in shares of SIGA Technologies by 4.2% during the 2nd quarter. Rhumbline Advisers now owns 69,947 shares of the company’s stock valued at $531,000 after purchasing an additional 2,851 shares in the last quarter. Linden Thomas Advisory Services LLC grew its stake in SIGA Technologies by 27.0% during the second quarter. Linden Thomas Advisory Services LLC now owns 15,871 shares of the company’s stock worth $120,000 after purchasing an additional 3,370 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in SIGA Technologies by 38.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,684 shares of the company’s stock worth $104,000 after purchasing an additional 3,829 shares in the last quarter. 55.40% of the stock is currently owned by institutional investors.

SIGA Technologies Stock Performance

SIGA Technologies stock opened at $7.71 on Friday. The stock has a market capitalization of $548.36 million, a price-to-earnings ratio of 7.01 and a beta of 0.91. SIGA Technologies, Inc. has a 52-week low of $4.22 and a 52-week high of $12.83. The stock’s 50 day moving average price is $9.04 and its two-hundred day moving average price is $8.10.

SIGA Technologies (NASDAQ:SIGA) last issued its earnings results on Thursday, August 1st. The company reported $0.03 earnings per share (EPS) for the quarter. SIGA Technologies had a net margin of 48.55% and a return on equity of 51.40%. The business had revenue of $21.81 million for the quarter. During the same period in the prior year, the company earned ($0.04) earnings per share. On average, equities research analysts forecast that SIGA Technologies, Inc. will post 1.01 EPS for the current 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.