Key Points
- Glenbrook Capital Management purchased 28,000 Senestech shares at an average price of $0.97, increasing its stake by 1.29% to 2.19 million shares. The transaction was disclosed in an SEC filing.
- The major shareholder has made several additional purchases in recent weeks, including 1.08 million shares acquired between October 15 and October 30, signaling continued buying interest.
- Senestech shares opened at $1.08 and were up 6.9%, but the company remains unprofitable and analysts maintain a “Sell” consensus rating. Its latest quarterly revenue was $0.77 million, while it reported a loss of $0.35 per share.
Senestech, Inc. (NASDAQ:SNES - Get Free Report) major shareholder Glenbrook Capital Management bought 28,000 shares of the stock in a transaction that occurred on Wednesday, October 28th. The shares were acquired at an average cost of $0.97 per share, with a total value of $27,160.00. Following the completion of the purchase, the insider owned 2,194,973 shares in the company, valued at $2,129,123.81. This represents a 1.29% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large 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 Friday, October 30th, Glenbrook Capital Management purchased 2,000 shares of Senestech stock. The stock was bought at an average cost of $1.02 per share, for a total transaction of $2,040.00.
- On Thursday, October 22nd, Glenbrook Capital Management purchased 7,500 shares of Senestech stock. The stock was bought at an average cost of $0.80 per share, for a total transaction of $6,000.00.
- On Wednesday, October 21st, Glenbrook Capital Management purchased 60,000 shares of Senestech stock. The stock was bought at an average price of $0.74 per share, with a total value of $44,400.00.
- On Tuesday, October 20th, Glenbrook Capital Management purchased 36,375 shares of Senestech stock. The stock was bought at an average price of $0.67 per share, with a total value of $24,371.25.
- On Monday, October 19th, Glenbrook Capital Management acquired 376,552 shares of Senestech stock. The shares were bought at an average cost of $0.70 per share, with a total value of $263,586.40.
- On Friday, October 16th, Glenbrook Capital Management acquired 181,252 shares of Senestech stock. The shares were bought at an average price of $0.63 per share, for a total transaction of $114,188.76.
- On Thursday, October 15th, Glenbrook Capital Management acquired 426,000 shares of Senestech stock. The stock was bought at an average cost of $0.77 per share, for a total transaction of $328,020.00.
- On Friday, August 7th, Glenbrook Capital Management bought 6,490 shares of Senestech stock. The shares were purchased at an average price of $1.30 per share, with a total value of $8,437.00.
- On Thursday, August 6th, Glenbrook Capital Management purchased 15,000 shares of Senestech stock. The stock was purchased at an average cost of $1.30 per share, for a total transaction of $19,500.00.
Senestech Trading Up 6.9%
NASDAQ SNES opened at $1.08 on Friday. Senestech, Inc. has a 52 week low of $0.55 and a 52 week high of $3.61. 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 stock's 50 day moving average price is $0.85 and its two-hundred day moving average price is $1.49. The stock has a market capitalization of $5.85 million, a price-to-earnings ratio of -0.79 and a beta of 0.25.
Senestech (NASDAQ:SNES - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.35) earnings per share for the quarter, topping the consensus estimate of ($0.37) by $0.02. The company had revenue of $0.77 million during the quarter, compared to analysts' expectations 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, analysts anticipate that Senestech, Inc. will post -1.27 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, Weiss Ratings cut shares of Senestech from a "sell (d-)" rating to a "sell (e+)" rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has an average rating of "Sell".
Read Our Latest Research Report on SNES
Institutional Trading of Senestech
An institutional investor recently bought a new stake in Senestech stock. Diversify Wealth Management LLC purchased a new stake in shares of Senestech, Inc. (NASDAQ:SNES - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,119 shares of the company's stock, valued at approximately $31,000. Diversify Wealth Management LLC owned about 0.36% of Senestech as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 5.19% of the company's stock.
Senestech Company Profile
(
Get Free Report)
SenesTech, Inc is a biotechnology company focused on developing fertility-control technologies for managing animal populations. The company's approach is designed to reduce reproduction rather than rely solely on lethal control methods, with applications primarily in rodent management.
SenesTech's principal product is ContraPest, a liquid bait designed to reduce fertility in rats by affecting reproductive function in both male and female animals. The product is intended for use in commercial, municipal and other settings where rat populations pose sanitation, health or property risks.
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