LIGAND PHARMACEUTICALS INC

Ticker: LGND CUSIP: 53220K504 Class: Common Stock

Janney Montgomery Scott LLC's Holding History (CIK: 0001329948)

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

Q4 2018

Shares 29,168 Value ($000) $3,958 Avg Close $106.61 Range $79.98 - $173.81

Q3 2018

Shares 30,041 Value ($000) $8,246 Avg Close $150.76 Range $127.91 - $172.25

Q2 2018

Shares 30,416 Value ($000) $6,301 Avg Close $111.59 Range $93.09 - $132.56

Q1 2018

Shares 27,247 Value ($000) $4,500 Avg Close $98.89 Range $85.31 - $115.28

Q4 2017

Shares 27,657 Value ($000) $3,787 Avg Close $86.68 Range $78.91 - $93.14

Q3 2017

Shares 28,329 Value ($000) $3,857 Avg Close $79.18 Range $71.99 - $86.39

Q1 2017

Shares 2,451 Value ($000) $259 Avg Close $65.79 Range $59.31 - $68.75

Q4 2016

Shares 3,153 Value ($000) $320 Avg Close $63.11 Range $54.59 - $69.14

Q3 2016

Shares 2,275 Value ($000) $232 Avg Close $73.42 Range $60.65 - $87.21

Q2 2015

Shares 2,139 Value ($000) $215,825 Avg Close $54.56 Range $46.51 - $63.78

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	29,168	$3,958	$106.61	$79.98 - $173.81
Q3 2018	30,041	$8,246	$150.76	$127.91 - $172.25
Q2 2018	30,416	$6,301	$111.59	$93.09 - $132.56
Q1 2018	27,247	$4,500	$98.89	$85.31 - $115.28
Q4 2017	27,657	$3,787	$86.68	$78.91 - $93.14
Q3 2017	28,329	$3,857	$79.18	$71.99 - $86.39
Q1 2017	2,451	$259	$65.79	$59.31 - $68.75
Q4 2016	3,153	$320	$63.11	$54.59 - $69.14
Q3 2016	2,275	$232	$73.42	$60.65 - $87.21
Q2 2015	2,139	$215,825	$54.56	$46.51 - $63.78