Senestech (NASDAQ:SNES) Major Shareholder Glenbrook Capital Management Acquires 8,230 Shares of Stock

Senestech, Inc. (NASDAQ:SNESGet Free Report) 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 cost of $1.65 per share, for a total transaction of $13,579.50. Following the completion of the purchase, the insider directly owned 933,985 shares of the company’s stock, valued at $1,541,075.25. The trade was a 0.89% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major 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 cost of $1.61 per share, for a total transaction 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 cost of $1.57 per share, for a total transaction 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 cost of $1.59 per share, for a total transaction 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 cost of $1.65 per share, for a total transaction 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 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 stock was purchased at an average cost 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 stock was purchased at an average cost 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 stock was purchased at an average cost of $1.86 per share, for a total transaction of $9,411.60.
  • On Friday, March 13th, Glenbrook Capital Management bought 146,249 shares of Senestech stock. The stock was bought at an average price of $1.95 per share, for a total transaction of $285,185.55.

Senestech Stock Performance

Shares of Senestech stock opened at $1.61 on Tuesday. Senestech, Inc. has a fifty-two week low of $1.41 and a fifty-two week 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 capitalization of $8.53 million, a P/E ratio of -0.85 and a beta of 0.28. The company’s 50 day moving average price is $1.64 and its two-hundred day moving average price is $2.01.

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

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Analysis on SNES

Hedge Funds Weigh In On Senestech

Hedge funds have recently modified their holdings of the business. Diversify Wealth Management LLC acquired a new position in shares of Senestech during the first quarter worth $31,000. Jane Street Group LLC acquired a new position in shares of Senestech during the fourth quarter worth $32,000. Diversify Advisory Services LLC acquired a new position in shares of Senestech during the fourth quarter worth $34,000. XTX Topco Ltd acquired a new position in shares of Senestech during the fourth quarter worth $54,000. Finally, Geode Capital Management LLC acquired a new position in shares of Senestech during the second quarter worth $59,000. Institutional investors and hedge funds 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.

Further Reading

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

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