SIGA Technologies, Inc. (NASDAQ:SIGA) Shares Sold by General American Investors Co. Inc.

General American Investors Co. Inc. cut its holdings in shares of SIGA Technologies, Inc. (NASDAQ:SIGA) by 27.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 539,738 shares of the company’s stock after selling 206,908 shares during the quarter. General American Investors Co. Inc. owned about 0.76% of SIGA Technologies worth $3,643,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of SIGA. Vanguard Group Inc. boosted its position in shares of SIGA Technologies by 1.9% during the first quarter. Vanguard Group Inc. now owns 2,283,612 shares of the company’s stock worth $19,548,000 after buying an additional 41,515 shares during the period. AltraVue Capital LLC grew its position in SIGA Technologies by 6.6% in the 2nd quarter. AltraVue Capital LLC now owns 2,177,646 shares of the company’s stock valued at $16,528,000 after acquiring an additional 134,450 shares in the last quarter. Tidal Investments LLC acquired a new position in SIGA Technologies in the 1st quarter valued at about $157,000. Hillsdale Investment Management Inc. purchased a new stake in SIGA Technologies during the first quarter worth about $1,367,000. Finally, American Century Companies Inc. lifted its position in shares of SIGA Technologies by 251.2% during the second quarter. American Century Companies Inc. now owns 841,759 shares of the company’s stock worth $6,389,000 after purchasing an additional 602,091 shares in the last quarter. 55.40% of the stock is currently owned by hedge funds and other institutional investors.

SIGA Technologies Price Performance

Shares of SIGA stock traded down $0.02 during trading on Thursday, reaching $7.70. The company’s stock had a trading volume of 23,914 shares, compared to its average volume of 892,494. SIGA Technologies, Inc. has a 1-year low of $4.26 and a 1-year high of $12.83. The stock’s 50-day moving average price is $7.40 and its 200 day moving average price is $8.07. The company has a market capitalization of $549.54 million, a price-to-earnings ratio of 6.60 and a beta of 0.89.

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.