Senestech (NASDAQ:SNES) Major Shareholder Purchases $11,748.00 in Stock

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management bought 7,120 shares of the stock in a transaction on Friday, May 15th. The stock was purchased at an average cost of $1.65 per share, with a total value of $11,748.00. Following the purchase, the insider directly owned 915,755 shares of the company’s stock, valued at approximately $1,510,995.75. This represents a 0.78% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Monday, May 18th, Glenbrook Capital Management bought 10,000 shares of Senestech stock. The stock was purchased at an average cost of $1.59 per share, with a total value of $15,900.00.
• On Thursday, May 14th, Glenbrook Capital Management bought 15,000 shares of Senestech stock. The stock was purchased at an average cost of $1.72 per share, with a total value of $25,800.00.
• On Tuesday, April 28th, Glenbrook Capital Management bought 3,000 shares of Senestech stock. The stock was purchased at an average cost of $1.47 per share, with a total value of $4,410.00.
• On Tuesday, March 17th, Glenbrook Capital Management bought 19,725 shares of Senestech stock. The stock was purchased at an average cost of $1.79 per share, with a total value of $35,307.75.
• On Monday, March 16th, Glenbrook Capital Management purchased 5,060 shares of Senestech stock. The stock was bought at an average price of $1.86 per share, with a total value of $9,411.60.
• On Friday, March 13th, Glenbrook Capital Management purchased 146,249 shares of Senestech stock. The stock was bought at an average price of $1.95 per share, with a total value of $285,185.55.
• On Thursday, February 19th, Glenbrook Capital Management purchased 34,613 shares of Senestech stock. The stock was bought at an average price of $2.40 per share, with a total value of $83,071.20.
• On Wednesday, February 18th, Glenbrook Capital Management purchased 10,481 shares of Senestech stock. The stock was bought at an average price of $2.29 per share, with a total value of $24,001.49.
• On Tuesday, February 17th, Glenbrook Capital Management purchased 40,807 shares of Senestech stock. The stock was bought at an average price of $2.29 per share, with a total value of $93,448.03.

Senestech Stock Down 1.9%

Shares of Senestech stock traded down $0.03 on Monday, hitting $1.59. The company had a trading volume of 80,237 shares, compared to its average volume of 133,371. The firm has a market capitalization of $8.43 million, a P/E ratio of -0.84 and a beta of 0.18. Senestech, Inc. has a twelve month low of $1.41 and a twelve 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 stock has a 50-day moving average of $1.70 and a 200-day moving average of $2.16.

Senestech (NASDAQ:SNES) last released its quarterly earnings results 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 company had revenue of $0.49 million during the quarter, compared to analysts’ expectations of $0.63 million. Senestech had a negative net margin of 304.22% and a negative return on equity of 67.60%. Research analysts predict that Senestech, Inc. will post -1.36 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Essex Investment Management Co. LLC acquired a new position in Senestech during the third quarter worth $115,000. Sabby Management LLC acquired a new position in Senestech during the third quarter worth $313,000. Diversify Advisory Services LLC acquired a new position in Senestech during the fourth quarter worth $34,000. Diversify Wealth Management LLC acquired a new position in Senestech during the first quarter worth $31,000. Finally, XTX Topco Ltd acquired a new position in Senestech during the fourth quarter worth $54,000. Institutional investors and hedge funds own 5.19% of the company’s stock.

Analyst Upgrades and Downgrades

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 given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

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.