Key Points
- Glenbrook Capital Management bought 5,685 SNES shares on Feb 4 at $1.82 and, after several recent purchases (including 42,739 shares on Feb 2), now owns 599,470 shares valued at about $1.09M, a 0.96% increase in its position.
- SNES shares opened at $1.87 (up 5.1%), the company has a tiny market cap of $9.76M and weak fundamentals—last quarter EPS was -$0.28 and analysts forecast roughly -10.22 EPS for the year.
- Analyst coverage is mixed with an average rating of "Hold" (one Strong Buy, one Hold, one Sell) and Weiss Ratings maintaining a "sell (e+)", while institutional ownership is low at about 5.19%.
Senestech, Inc. (NASDAQ:SNES - Get Free Report) major shareholder Glenbrook Capital Management acquired 5,685 shares of the firm's stock in a transaction dated Wednesday, February 4th. The shares were purchased at an average cost of $1.82 per share, for a total transaction of $10,346.70. Following the acquisition, the insider directly owned 599,470 shares in the company, valued at $1,091,035.40. This represents a 0.96% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 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 5th, Glenbrook Capital Management bought 2,884 shares of Senestech stock. The stock was purchased at an average price of $1.77 per share, with a total value of $5,104.68.
- On Monday, February 2nd, Glenbrook Capital Management bought 42,739 shares of Senestech stock. The stock was purchased at an average cost of $1.98 per share, with a total value of $84,623.22.
- On Friday, January 30th, Glenbrook Capital Management purchased 5,399 shares of Senestech stock. The stock was acquired at an average cost of $1.87 per share, for a total transaction of $10,096.13.
Senestech Trading Up 5.1%
Shares of SNES stock opened at $1.87 on Friday. The firm has a fifty day moving average of $2.27 and a 200-day moving average of $3.55. The stock has a market cap of $9.76 million, a price-to-earnings ratio of -0.51 and a beta of 0.21. Senestech, Inc. has a 52-week low of $1.30 and a 52-week high of $6.24. The company has a debt-to-equity ratio of 0.01, a quick ratio of 14.73 and a current ratio of 15.75.
Senestech (NASDAQ:SNES - Get Free Report) last issued its earnings results on Monday, November 10th. The company reported ($0.28) earnings per share for the quarter, beating the consensus estimate of ($0.35) by $0.07. The business had revenue of $0.69 million for the quarter, compared to analyst estimates of $0.73 million. Senestech had a negative net margin of 253.54% and a negative return on equity of 98.35%. On average, equities research analysts forecast that Senestech, Inc. will post -10.22 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a "sell (e+)" rating on shares of Senestech in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold".
View Our Latest Stock Analysis on SNES
Hedge Funds Weigh In On Senestech
Several institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC acquired a new stake in shares of Senestech in the 2nd quarter valued at $59,000. Diversify Advisory Services LLC bought a new position in Senestech in the fourth quarter valued at about $34,000. Essex Investment Management Co. LLC bought a new position in Senestech in the third quarter valued at about $115,000. Millennium Management LLC acquired a new stake in Senestech in the third quarter worth about $126,000. Finally, Jane Street Group LLC bought a new stake in Senestech during the 2nd quarter worth about $161,000. 5.19% of the stock is owned by institutional investors.
Senestech Company Profile
(
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.
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