Glenbrook Capital Management Buys 10,481 Shares of Senestech (NASDAQ:SNES) Stock

Key Points

  • Glenbrook Capital Management purchased 34,613 Senestech (SNES) shares on Feb. 19 at $2.40, and has added roughly 173,954 shares in a recent buying spree (spending about $367k), bringing its stake to 704,211 shares — a 5.17% increase.
  • Senestech trades around $2.30 with a market cap of about $12.0M and a negative P/E (-0.66); the company has minimal debt and very high liquidity ratios (quick ~14.7, current ~15.8), and the analyst consensus is a "Hold".

Senestech, Inc. (NASDAQ:SNES - Get Free Report) major shareholder Glenbrook Capital Management acquired 10,481 shares of the stock in a transaction dated Wednesday, February 18th. The stock was acquired at an average cost of $2.29 per share, for a total transaction of $24,001.49. Following the purchase, the insider directly owned 669,598 shares in the company, valued at approximately $1,533,379.42. The trade was a 1.59% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Major shareholders that own 10% or more of a company's shares 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 bought 34,613 shares of Senestech stock. The stock was acquired at an average price of $2.40 per share, with a total value of $83,071.20.
  • On Tuesday, February 17th, Glenbrook Capital Management acquired 40,807 shares of Senestech stock. The stock was acquired at an average cost of $2.29 per share, with a total value of $93,448.03.
  • On Friday, February 13th, Glenbrook Capital Management purchased 15,390 shares of Senestech stock. The stock was acquired at an average cost of $1.89 per share, for a total transaction of $29,087.10.
  • On Thursday, February 12th, Glenbrook Capital Management acquired 7,956 shares of Senestech stock. The stock was 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 purchased 8,000 shares of Senestech stock. The stock was bought at an average cost of $1.73 per share, with a total value of $13,840.00.
  • On Thursday, February 5th, Glenbrook Capital Management acquired 2,884 shares of Senestech stock. The shares were purchased at an average cost of $1.77 per share, for a total transaction of $5,104.68.
  • On Wednesday, February 4th, Glenbrook Capital Management acquired 5,685 shares of Senestech stock. The shares were acquired at an average price of $1.82 per share, with a total value of $10,346.70.
  • On Monday, February 2nd, Glenbrook Capital Management acquired 42,739 shares of Senestech stock. The shares were purchased at an average price 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 price of $1.87 per share, with a total value of $10,096.13.

Senestech Price Performance




Shares of SNES stock traded down $0.09 on Friday, hitting $2.31. 52,463 shares of the company's stock were exchanged, compared to its average volume of 54,999. The company has a 50 day moving average of $2.13 and a 200 day moving average of $3.34. The stock has a market cap of $12.04 million, a P/E ratio of -0.64 and a beta of 0.21. Senestech, Inc. has a 12 month low of $1.30 and a 12 month 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.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of Senestech in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Senestech currently has a consensus rating of "Hold".

Get Our Latest Research Report on Senestech

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in Senestech during the 4th quarter valued at $32,000. Diversify Advisory Services LLC purchased a new position in shares of Senestech during the fourth quarter valued at approximately $34,000. XTX Topco Ltd bought a new position in shares of Senestech in the 4th quarter worth approximately $54,000. Geode Capital Management LLC purchased a new stake in shares of Senestech in the 2nd quarter worth $59,000. Finally, Essex Investment Management Co. LLC purchased a new position in shares of Senestech during the 3rd quarter valued at about $115,000. 5.19% of the stock is currently owned by institutional investors.

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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