Zacks Investment Research lowered shares of Senestech, Inc. (NASDAQ:SNES) from a hold rating to a sell rating in a report issued on Friday morning.

According to Zacks, “SenesTech, Inc. developed technology for managing animal pest populations through fertility control as opposed to a lethal approach. The Company’s fertility control product candidate, ContraPest(R), will be marketed for use initially in controlling rat infestations. SenesTech, Inc. is based in Flagstaff, Arizona. “

Shares of Senestech (NASDAQ SNES) traded down 12.86% during trading on Friday, hitting $1.83. 118,608 shares of the stock were exchanged. The firm has a 50 day moving average of $2.05 and a 200-day moving average of $4.83. The stock’s market cap is $18.89 million. Senestech has a 52-week low of $1.83 and a 52-week high of $10.69.

Senestech (NASDAQ:SNES) last released its earnings results on Thursday, August 10th. The company reported ($0.35) EPS for the quarter, missing the consensus estimate of ($0.28) by ($0.07). The firm had revenue of $0.01 million for the quarter, compared to analysts’ expectations of $0.10 million. Equities research analysts anticipate that Senestech will post ($1.30) earnings per share for the current fiscal year.

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In related news, Director Grover T. Wickersham bought 15,000 shares of the stock in a transaction dated Tuesday, July 25th. The shares were purchased at an average price of $2.85 per share, with a total value of $42,750.00. Following the completion of the acquisition, the director now owns 238,600 shares of the company’s stock, valued at $680,010. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Julia Ann Williams bought 10,000 shares of the stock in a transaction dated Wednesday, July 26th. The stock was bought at an average cost of $3.21 per share, for a total transaction of $32,100.00. Following the acquisition, the director now directly owns 11,950 shares of the company’s stock, valued at approximately $38,359.50. The disclosure for this purchase can be found here. In the last three months, insiders bought 54,100 shares of company stock worth $155,730 and sold 13,411 shares worth $35,333. 27.40% of the stock is currently owned by insiders.

An institutional investor recently bought a new position in Senestech stock. White Pine Capital LLC bought a new position in Senestech, Inc. (NASDAQ:SNES) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 19,250 shares of the company’s stock, valued at approximately $110,000. White Pine Capital LLC owned approximately 0.19% of Senestech as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 15.34% of the company’s stock.

Senestech Company Profile

SenesTech, Inc is a United States-based biotechnology platform and research company. The Company is engaged in developing a technology for managing animal populations by fertility control. It offers ContraPest, a fertility control product candidate. ContraPest’s technology and approach targets the reproductive capabilities of both sexes.

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