Senestech (NASDAQ:SNES) Major Shareholder Glenbrook Capital Management Acquires 5,399 Shares

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management bought 5,399 shares of Senestech stock in a transaction that occurred on Friday, January 30th. The stock was bought at an average cost of $1.87 per share, with a total value of $10,096.13. Following the completion of the purchase, the insider owned 551,046 shares in the company, valued at approximately $1,030,456.02. This trade represents a 0.99% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Glenbrook Capital Management also recently made the following trade(s):

• On Monday, February 2nd, Glenbrook Capital Management purchased 42,739 shares of Senestech stock. The stock was purchased at an average cost of $1.98 per share, for a total transaction of $84,623.22.

Senestech Stock Down 7.4%

Shares of SNES stock traded down $0.15 on Tuesday, hitting $1.88. 70,832 shares of the stock were exchanged, compared to its average volume of 42,879. The company has a current ratio of 15.75, a quick ratio of 14.73 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $9.81 million, a P/E ratio of -0.52 and a beta of 0.22. Senestech, Inc. has a fifty-two week low of $1.30 and a fifty-two week high of $6.24. The business has a 50-day moving average of $2.35 and a 200 day moving average of $3.61.

Senestech (NASDAQ:SNES) last released its earnings results on Monday, November 10th. The company reported ($0.28) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.07. Senestech had a negative return on equity of 98.35% and a negative net margin of 253.54%.The firm had revenue of $0.69 million for the quarter, compared to analysts’ expectations of $0.73 million. Equities analysts anticipate that Senestech, Inc. will post -10.22 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Senestech in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Senestech has an average rating of “Hold”.

Institutional Investors Weigh In On Senestech

A number of institutional investors and hedge funds have recently modified their holdings of SNES. Diversify Advisory Services LLC bought a new position in Senestech during the fourth quarter worth about $34,000. Millennium Management LLC bought a new stake in Senestech in the 3rd quarter valued at $126,000. Sabby Management LLC acquired a new stake in Senestech during the third quarter worth approximately $313,000. Essex Investment Management Co. LLC bought a new position in shares of Senestech during the third quarter worth approximately $115,000. Finally, Jane Street Group LLC acquired a new position in Senestech in the 2nd quarter valued at $161,000. 5.19% of the stock is owned by institutional investors.

Senestech Company Profile

SenesTech, Inc (NASDAQ: SNES) is a biotechnology company specializing in non-lethal pest management solutions. The company’s core focus is the development and commercialization of fertility-based control methods for commensal rodents, providing an alternative to traditional rodenticides. By targeting the reproductive cycle of rats, SenesTech aims to reduce rodent populations over time without the use of toxic chemicals, offering a more sustainable approach for pest management professionals.

The company’s flagship product, ContraPest®, is an EPA-registered liquid bait that disrupts rodent reproduction.