Senestech (NASDAQ:SNES) Major Shareholder Glenbrook Capital Management Buys 15,000 Shares

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management purchased 15,000 shares of the business’s stock in a transaction on Thursday, August 6th. The stock was acquired at an average price of $1.30 per share, with a total value of $19,500.00. Following the purchase, the insider directly owned 1,072,804 shares in the company, valued at $1,394,645.20. This represents a 1.42% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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, August 7th, Glenbrook Capital Management acquired 6,490 shares of Senestech stock. The stock was acquired at an average price of $1.30 per share, for a total transaction of $8,437.00.
• On Monday, July 20th, Glenbrook Capital Management acquired 35,000 shares of Senestech stock. The stock was acquired at an average cost of $1.47 per share, with a total value of $51,450.00.
• On Tuesday, June 30th, Glenbrook Capital Management bought 35,000 shares of Senestech stock. The shares were acquired at an average price of $1.51 per share, with a total value of $52,850.00.
• On Monday, June 22nd, Glenbrook Capital Management bought 5,000 shares of Senestech stock. The shares were acquired at an average price of $1.66 per share, with a total value of $8,300.00.
• On Wednesday, June 17th, Glenbrook Capital Management purchased 3,264 shares of Senestech stock. The stock was acquired at an average cost of $1.61 per share, for a total transaction of $5,255.04.
• On Monday, June 8th, Glenbrook Capital Management purchased 7,000 shares of Senestech stock. The stock was acquired at an average cost of $1.61 per share, for a total transaction of $11,270.00.
• 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, with a total value of $20,659.63.
• On Thursday, June 4th, Glenbrook Capital Management acquired 8,230 shares of Senestech stock. The shares were bought at an average cost of $1.65 per share, with a total value of $13,579.50.
• On Monday, May 18th, Glenbrook Capital Management acquired 10,000 shares of Senestech stock. The shares were bought at an average price of $1.59 per share, for a total transaction of $15,900.00.
• On Friday, May 15th, Glenbrook Capital Management bought 7,120 shares of Senestech stock. The stock was bought at an average cost of $1.65 per share, for a total transaction of $11,748.00.

Senestech Price Performance

Shares of NASDAQ:SNES opened at $1.27 on Tuesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.81 and a current ratio of 6.78. The firm has a fifty day moving average price of $1.50 and a 200 day moving average price of $1.71. Senestech, Inc. has a fifty-two week low of $1.15 and a fifty-two week high of $5.35. The firm has a market cap of $6.88 million, a price-to-earnings ratio of -0.93 and a beta of 0.28.

Senestech (NASDAQ:SNES) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.35) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.02. The company had revenue of $0.77 million for the quarter, compared to the consensus estimate of $0.60 million. Senestech had a negative net margin of 294.73% and a negative return on equity of 71.89%. As a group, sell-side analysts expect that Senestech, Inc. will post -1.57 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Senestech from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, July 10th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Senestech presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

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

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.