LIGAND PHARMACEUTICALS INC

Ticker: LGND CUSIP: 53220K504 Class: Common Stock

Cavalier Investments, LLC's Holding History (CIK: 0001655543)

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

Q3 2018

Shares 4,400 Value ($000) $1,208 Avg Close $150.76 Range $127.91 - $172.25

Q2 2018

Shares 3,000 Value ($000) $621 Avg Close $111.59 Range $93.09 - $132.56

Q1 2018

Shares 3,000 Value ($000) $495 Avg Close $98.89 Range $85.31 - $115.28

Q4 2015

Shares 3,300 Value ($000) $358 Avg Close $61.74 Range $50.61 - $71.12

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	4,400	$1,208	$150.76	$127.91 - $172.25
Q2 2018	3,000	$621	$111.59	$93.09 - $132.56
Q1 2018	3,000	$495	$98.89	$85.31 - $115.28
Q4 2015	3,300	$358	$61.74	$50.61 - $71.12