TRUE Private Wealth Advisors Buys 39,908 Shares of SIGA Technologies, Inc. (NASDAQ:SIGA)

TRUE Private Wealth Advisors lifted its stake in SIGA Technologies, Inc. (NASDAQ:SIGA) by 280.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,114 shares of the company’s stock after buying an additional 39,908 shares during the quarter. TRUE Private Wealth Advisors’ holdings in SIGA Technologies were worth $339,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. State Board of Administration of Florida Retirement System raised its stake in shares of SIGA Technologies by 11.2% in the second quarter. State Board of Administration of Florida Retirement System now owns 99,496 shares of the company’s stock worth $625,000 after buying an additional 10,000 shares during the period. Citigroup Inc. raised its stake in SIGA Technologies by 59.1% during the 2nd quarter. Citigroup Inc. now owns 8,724 shares of the company’s stock valued at $55,000 after purchasing an additional 3,242 shares during the period. WINTON GROUP Ltd raised its stake in SIGA Technologies by 28.7% during the 2nd quarter. WINTON GROUP Ltd now owns 89,309 shares of the company’s stock valued at $561,000 after purchasing an additional 19,932 shares during the period. Jupiter Asset Management Ltd. bought a new stake in SIGA Technologies during the 2nd quarter valued at approximately $76,000. Finally, O Shaughnessy Asset Management LLC raised its stake in SIGA Technologies by 95.7% during the 2nd quarter. O Shaughnessy Asset Management LLC now owns 39,107 shares of the company’s stock valued at $246,000 after purchasing an additional 19,122 shares during the period. 27.19% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts recently issued reports on the company. TheStreet raised SIGA Technologies from a “c” rating to a “b” rating in a research note on Monday, August 23rd. Zacks Investment Research cut SIGA Technologies from a “hold” rating to a “sell” rating in a report on Thursday, August 12th.

NASDAQ SIGA traded up $0.01 during trading on Wednesday, hitting $6.55. 292,964 shares of the stock traded hands, compared to its average volume of 281,718. The company has a market capitalization of $491.75 million, a P/E ratio of 11.91 and a beta of 0.64. The firm has a 50-day simple moving average of $6.32 and a 200-day simple moving average of $6.63. SIGA Technologies, Inc. has a 12-month low of $5.66 and a 12-month high of $7.85.

SIGA Technologies Profile

SIGA Technologies, Inc is a commercial-stage pharmaceutical company which engages in the development and commercialization of solutions for serious unmet medical needs and biothreats. The company develops therapeutic solutions for lethal pathogens including smallpox, Ebola, dengue, Lassa fever, and other dangerous viruses.

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Institutional Ownership by Quarter for SIGA Technologies (NASDAQ:SIGA)

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