LIGAND PHARMACEUTICALS INC

Ticker: LGND CUSIP: 53220K504 Class: Common Stock

Penn Capital Management Company, LLC's Holding History (CIK: 0001158202)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 98,848 Value ($000) $18,710 Avg Close $192.14 Range $175.56 - $212.49

Q3 2025

Shares 107,282 Value ($000) $19,024 Avg Close $148.66 Range $111.72 - $177.81

Q2 2025

Shares 120,384 Value ($000) $13,701 Avg Close $106.88 Range $93.58 - $118.58

Q1 2025

Shares 120,839 Value ($000) $12,720 Avg Close $113.09 Range $102.79 - $125.17

Q4 2024

Shares 104,430 Value ($000) $11,190 Avg Close $113.04 Range $97.78 - $129.90

Q3 2024

Shares 100,218 Value ($000) $10,043 Avg Close $100.67 Range $81.74 - $112.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	98,848	$18,710	$192.14	$175.56 - $212.49
Q3 2025	107,282	$19,024	$148.66	$111.72 - $177.81
Q2 2025	120,384	$13,701	$106.88	$93.58 - $118.58
Q1 2025	120,839	$12,720	$113.09	$102.79 - $125.17
Q4 2024	104,430	$11,190	$113.04	$97.78 - $129.90
Q3 2024	100,218	$10,043	$100.67	$81.74 - $112.13