Glenbrook Capital Management Buys 8,230 Shares of Senestech (NASDAQ:SNES) Stock

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management acquired 8,230 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was purchased at an average price of $1.65 per share, with a total value of $13,579.50. Following the completion of the acquisition, the insider directly owned 933,985 shares of the company’s stock, valued at $1,541,075.25. This represents a 0.89% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

• On Monday, June 8th, Glenbrook Capital Management acquired 7,000 shares of Senestech stock. The stock was purchased at an average price of $1.61 per share, with a total value of $11,270.00.
• On Friday, June 5th, Glenbrook Capital Management acquired 13,159 shares of Senestech stock. The stock was purchased at an average price of $1.57 per share, with a total value of $20,659.63.
• On Monday, May 18th, Glenbrook Capital Management acquired 10,000 shares of Senestech stock. The stock was purchased at an average price of $1.59 per share, with a total value of $15,900.00.
• On Friday, May 15th, Glenbrook Capital Management acquired 7,120 shares of Senestech stock. The stock was purchased at an average price of $1.65 per share, with a total value of $11,748.00.
• On Thursday, May 14th, Glenbrook Capital Management acquired 15,000 shares of Senestech stock. The stock was purchased at an average price of $1.72 per share, with a total value of $25,800.00.
• On Tuesday, April 28th, Glenbrook Capital Management acquired 3,000 shares of Senestech stock. The stock was purchased at an average price of $1.47 per share, with a total value of $4,410.00.
• On Tuesday, March 17th, Glenbrook Capital Management acquired 19,725 shares of Senestech stock. The stock was purchased at an average price of $1.79 per share, with a total value of $35,307.75.
• On Monday, March 16th, Glenbrook Capital Management acquired 5,060 shares of Senestech stock. The stock was purchased at an average price of $1.86 per share, with a total value of $9,411.60.
• On Friday, March 13th, Glenbrook Capital Management acquired 146,249 shares of Senestech stock. The stock was purchased at an average price of $1.95 per share, with a total value of $285,185.55.

Senestech Stock Performance

SNES stock opened at $1.73 on Wednesday. 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 business has a 50-day moving average price of $1.64 and a 200 day moving average price of $2.01. The company has a market capitalization of $9.17 million, a P/E ratio of -0.92 and a beta of 0.28. Senestech, Inc. has a 1-year low of $1.41 and a 1-year high of $6.24.

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

Institutional Investors Weigh In On Senestech

Hedge funds have recently bought and sold shares of the stock. Geode Capital Management LLC purchased a new stake in Senestech in the 2nd quarter worth approximately $59,000. Jane Street Group LLC purchased a new position in shares of Senestech during the 4th quarter valued at approximately $32,000. Diversify Advisory Services LLC purchased a new position in shares of Senestech during the 4th quarter valued at approximately $34,000. Diversify Wealth Management LLC purchased a new position in shares of Senestech during the 1st quarter valued at approximately $31,000. Finally, XTX Topco Ltd purchased a new position in shares of Senestech during the 4th quarter valued at approximately $54,000. Hedge funds and other institutional investors own 5.19% of the company’s stock.

Analysts Set New Price Targets

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

About Senestech

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.