Glenbrook Capital Management Purchases 40,807 Shares of Senestech (NASDAQ:SNES) Stock

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management bought 40,807 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were acquired at an average cost of $2.29 per share, with a total value of $93,448.03. Following the purchase, the insider directly owned 659,117 shares of the company’s stock, valued at $1,509,377.93. This trade represents a 6.60% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Thursday, February 19th, Glenbrook Capital Management purchased 34,613 shares of Senestech stock. The stock was acquired at an average cost of $2.40 per share, for a total transaction of $83,071.20.
• On Wednesday, February 18th, Glenbrook Capital Management acquired 10,481 shares of Senestech stock. The shares were bought at an average cost of $2.29 per share, with a total value of $24,001.49.
• On Friday, February 13th, Glenbrook Capital Management acquired 15,390 shares of Senestech stock. The stock was bought at an average price of $1.89 per share, with a total value of $29,087.10.
• On Thursday, February 12th, Glenbrook Capital Management bought 7,956 shares of Senestech stock. The shares were bought at an average price of $1.72 per share, for a total transaction of $13,684.32.
• On Wednesday, February 11th, Glenbrook Capital Management bought 8,000 shares of Senestech stock. The shares were bought at an average cost of $1.73 per share, for a total transaction of $13,840.00.
• On Thursday, February 5th, Glenbrook Capital Management purchased 2,884 shares of Senestech stock. The stock was bought at an average cost of $1.77 per share, with a total value of $5,104.68.
• On Wednesday, February 4th, Glenbrook Capital Management acquired 5,685 shares of Senestech stock. The shares were bought at an average price of $1.82 per share, for a total transaction of $10,346.70.
• On Monday, February 2nd, Glenbrook Capital Management acquired 42,739 shares of Senestech stock. The shares were bought at an average cost of $1.98 per share, for a total transaction of $84,623.22.
• On Friday, January 30th, Glenbrook Capital Management bought 5,399 shares of Senestech stock. The stock was purchased at an average price of $1.87 per share, with a total value of $10,096.13.

Senestech Stock Performance

Shares of Senestech stock opened at $2.36 on Friday. The business has a 50-day simple moving average of $2.12 and a 200 day simple moving average of $3.31. Senestech, Inc. has a one year low of $1.30 and a one year high of $6.24. The company has a debt-to-equity ratio of 0.01, a current ratio of 15.75 and a quick ratio of 14.73. The firm has a market capitalization of $12.32 million, a price-to-earnings ratio of -0.65 and a beta of 0.21.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued 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 assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Senestech currently has a consensus rating of “Hold”.

Institutional Trading of Senestech

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SNES. Corsair Capital Management L.P. purchased a new position in shares of Senestech during the second quarter valued at approximately $255,000. Sabby Management LLC bought a new position in Senestech during the 3rd quarter valued at $313,000. Diversify Advisory Services LLC bought a new position in Senestech during the 4th quarter valued at $34,000. Jane Street Group LLC bought a new stake in shares of Senestech in the 4th quarter worth $32,000. Finally, Millennium Management LLC bought a new stake in shares of Senestech in the 3rd quarter worth $126,000. 5.19% of the stock is owned by institutional investors.

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.