Insider Buying: Michael Bayer Purchases 15,000 Shares of SIGA Technologies Stock (SIGA)
SIGA Technologies (NASDAQ:SIGA) Director Michael Bayer purchased 15,000 shares of the stock on the open market in a transaction dated Tuesday, September 17th. The shares were purchased at an average price of $3.58 per share, for a total transaction of $53,700.00. Following the completion of the transaction, the director now directly owns 15,000 shares of the company’s stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of SIGA Technologies (NASDAQ:SIGA) traded up 1.12% on Wednesday, hitting $3.60. The stock had a trading volume of 112,512 shares. SIGA Technologies has a 52-week low of $2.33 and a 52-week high of $4.60. The stock’s 50-day moving average is $3.51 and its 200-day moving average is $3.45. The company’s market cap is $188.9 million.
SIGA Technologies, Inc (NASDAQ:SIGA) is a pharmaceutical company specializing in the development and commercialization of pharmaceutical solutions for some of the lethal disease-causing pathogens in the world – smallpox, Ebola, dengue, Lassa fever and other dangerous viruses.
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