Senestech (NASDAQ:SNES) Major Shareholder Buys $11,270.00 in Stock

Senestech, Inc. (NASDAQ:SNESGet Free Report) major shareholder Glenbrook Capital Management bought 7,000 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were purchased at an average cost of $1.61 per share, with a total value of $11,270.00. Following the acquisition, the insider directly owned 954,144 shares of the company’s stock, valued at approximately $1,536,171.84. This represents a 0.74% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more 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 Friday, June 5th, Glenbrook Capital Management purchased 13,159 shares of Senestech stock. The stock was acquired at an average price of $1.57 per share, for a total transaction of $20,659.63.
  • On Thursday, June 4th, Glenbrook Capital Management bought 8,230 shares of Senestech stock. The shares were acquired at an average price of $1.65 per share, for a total transaction of $13,579.50.
  • On Monday, May 18th, Glenbrook Capital Management bought 10,000 shares of Senestech stock. The shares were acquired at an average cost of $1.59 per share, for a total transaction of $15,900.00.
  • On Friday, May 15th, Glenbrook Capital Management purchased 7,120 shares of Senestech stock. The stock was bought at an average price of $1.65 per share, with a total value of $11,748.00.
  • On Thursday, May 14th, Glenbrook Capital Management purchased 15,000 shares of Senestech stock. The shares were bought at an average cost of $1.72 per share, for a total transaction of $25,800.00.
  • On Tuesday, April 28th, Glenbrook Capital Management acquired 3,000 shares of Senestech stock. The shares were bought at an average price of $1.47 per share, for a total transaction of $4,410.00.
  • On Tuesday, March 17th, Glenbrook Capital Management acquired 19,725 shares of Senestech stock. The shares were bought at an average price of $1.79 per share, for a total transaction of $35,307.75.
  • On Monday, March 16th, Glenbrook Capital Management acquired 5,060 shares of Senestech stock. The shares were bought at an average price of $1.86 per share, for a total transaction of $9,411.60.
  • On Friday, March 13th, Glenbrook Capital Management acquired 146,249 shares of Senestech stock. The shares were bought at an average price of $1.95 per share, for a total transaction of $285,185.55.

Senestech Price Performance

Senestech stock traded up $0.08 during mid-day trading on Monday, reaching $1.61. 31,515 shares of the company were exchanged, compared to its average volume of 64,218. The company has a fifty day simple moving average of $1.64 and a 200-day simple moving average of $2.02. Senestech, Inc. has a 12 month low of $1.41 and a 12 month high of $6.24. The company has a debt-to-equity ratio of 0.02, a current ratio of 8.91 and a quick ratio of 7.79. The firm has a market cap of $8.54 million, a PE ratio of -0.85 and a beta of 0.28.

Senestech (NASDAQ:SNESGet Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.31) EPS for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.02. Senestech had a negative return on equity of 67.60% and a negative net margin of 304.22%.The firm had revenue of $0.49 million for the quarter, compared to analyst estimates of $0.63 million. As a group, equities research analysts expect that Senestech, Inc. will post -1.57 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Senestech in a research note on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Senestech has a consensus rating of “Hold”.

Get Our Latest Report on SNES

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC acquired a new stake in shares of Senestech in the 2nd quarter valued at approximately $59,000. Jane Street Group LLC bought a new position in Senestech in the 2nd quarter valued at approximately $161,000. Essex Investment Management Co. LLC acquired a new stake in Senestech in the third quarter valued at approximately $115,000. Sabby Management LLC acquired a new stake in Senestech in the third quarter valued at approximately $313,000. Finally, Millennium Management LLC bought a new stake in shares of Senestech during the third quarter worth $126,000. Institutional investors own 5.19% of the company’s stock.

About Senestech

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Senestech (NASDAQ:SNES)

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