Senseonics Holdings, Inc. Common Stock (NASDAQ:SENS - Get Free Report) CEO Timothy Goodnow acquired 17,225 shares of the business's stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average price of $5.79 per share, for a total transaction of $99,732.75. Following the completion of the purchase, the chief executive officer owned 651,243 shares of the company's stock, valued at approximately $3,770,696.97. This represents a 2.72% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Senseonics Holdings, Inc. Common Stock Trading Up 11.9%
Shares of SENS opened at $6.31 on Tuesday. The stock has a market capitalization of $263.57 million, a P/E ratio of -3.73 and a beta of 0.90. The company has a debt-to-equity ratio of 0.58, a current ratio of 4.83 and a quick ratio of 4.55. Senseonics Holdings, Inc. Common Stock has a 52-week low of $5.25 and a 52-week high of $15.74.
Analysts Set New Price Targets
SENS has been the subject of several recent analyst reports. Stifel Nicolaus set a $9.00 price objective on shares of Senseonics Holdings, Inc. Common Stock in a report on Tuesday, March 3rd. Weiss Ratings started coverage on Senseonics Holdings, Inc. Common Stock in a report on Tuesday, February 17th. They set a "sell (d-)" rating on the stock. Finally, TD Cowen restated a "buy" rating on shares of Senseonics Holdings, Inc. Common Stock in a research report on Thursday, January 8th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $22.70.
Read Our Latest Report on Senseonics Holdings, Inc. Common Stock
Institutional Trading of Senseonics Holdings, Inc. Common Stock
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Maven Securities LTD acquired a new position in Senseonics Holdings, Inc. Common Stock in the second quarter worth approximately $129,000. Hood River Capital Management LLC bought a new position in shares of Senseonics Holdings, Inc. Common Stock in the second quarter valued at $3,775,000. Sio Capital Management LLC acquired a new stake in shares of Senseonics Holdings, Inc. Common Stock during the 2nd quarter valued at $2,312,000. HBK Sorce Advisory LLC acquired a new stake in shares of Senseonics Holdings, Inc. Common Stock during the 3rd quarter valued at $39,000. Finally, JBR Co Financial Management Inc bought a new stake in shares of Senseonics Holdings, Inc. Common Stock during the 2nd quarter worth $65,000. 12.36% of the stock is owned by institutional investors and hedge funds.
Senseonics Holdings, Inc. Common Stock Company Profile
(
Get Free Report)
Senseonics Holdings, Inc develops and commercializes long-term implantable continuous glucose monitoring (CGM) systems for people with diabetes. The company’s primary product family is the Eversense system, which combines a small subcutaneously implanted sensor, a removable external transmitter, and companion smartphone applications to provide continuous glucose readings and alerts. Senseonics positions its technology as an alternative to wearable patch-style CGMs by offering multi-month sensor longevity and on-body vibration alerts delivered through the transmitter.
Senseonics supports clinical and commercial activities that include research and development, regulatory engagement, manufacturing and distribution, and training for healthcare providers who perform sensor insertion and removal.
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