714,375 Shares in Senomyx Inc. (SNMX) Acquired by S. Muoio & CO. LLC
S. Muoio & CO. LLC bought a new position in shares of Senomyx Inc. (NASDAQ:SNMX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 714,375 shares of the specialty chemicals company’s stock, valued at approximately $1,057,000. S. Muoio & CO. LLC owned approximately 1.48% of Senomyx as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of SNMX. BlackRock Inc. lifted its position in shares of Senomyx by 13.9% during the 2nd quarter. BlackRock Inc. now owns 1,062,279 shares of the specialty chemicals company’s stock valued at $1,275,000 after acquiring an additional 129,585 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Senomyx by 14.4% during the 2nd quarter. Renaissance Technologies LLC now owns 947,100 shares of the specialty chemicals company’s stock valued at $1,137,000 after acquiring an additional 119,500 shares during the last quarter. Quantum Capital Management lifted its position in shares of Senomyx by 43.8% during the 2nd quarter. Quantum Capital Management now owns 402,338 shares of the specialty chemicals company’s stock valued at $483,000 after acquiring an additional 122,525 shares during the last quarter. Kassirer Asset Management Corp acquired a new stake in shares of Senomyx during the 3rd quarter valued at $1,332,000. Finally, Harvest Management LLC acquired a new stake in shares of Senomyx during the 3rd quarter valued at $160,000. 34.56% of the stock is currently owned by institutional investors and hedge funds.
Shares of NASDAQ:SNMX opened at $1.49 on Thursday. Senomyx Inc. has a one year low of $0.83 and a one year high of $1.71. The firm has a market cap of $72.02 million, a PE ratio of -49.67 and a beta of 1.33.
Separately, ValuEngine upgraded Senomyx from a “hold” rating to a “buy” rating in a research report on Friday, October 19th.
TRADEMARK VIOLATION NOTICE: This story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another publication, it was copied illegally and republished in violation of U.S. & international trademark & copyright legislation. The legal version of this story can be accessed at https://www.thecerbatgem.com/2018/11/15/714375-shares-in-senomyx-inc-snmx-acquired-by-s-muoio-co-llc.html.
Senomyx, Inc discovers, develops, and commercializes flavor ingredients and natural high intensity sweeteners primarily for the packaged food, beverage, and ingredient supply industries in the United States. The company develops and/or commercializes sweet, savory and salt flavor ingredients, bitter blockers and cooling agents.
Read More: How to Invest in a Bull Market
Receive News & Ratings for Senomyx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senomyx and related companies with MarketBeat.com's FREE daily email newsletter.