Glenbrook Capital Management Buys 35,000 Shares of Senestech (NASDAQ:SNES) Stock

Senestech, Inc. (NASDAQ:SNESGet Free Report) major shareholder Glenbrook Capital Management purchased 35,000 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was bought at an average price of $1.51 per share, for a total transaction of $52,850.00. Following the completion of the acquisition, the insider owned 1,022,824 shares of the company’s stock, valued at approximately $1,544,464.24. The trade was a 3.54% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Large shareholders that own more than 10% 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 Monday, June 22nd, Glenbrook Capital Management acquired 5,000 shares of Senestech stock. The shares were bought 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 purchased at an average price of $1.61 per share, with a total value of $5,255.04.
  • On Monday, June 8th, Glenbrook Capital Management acquired 7,000 shares of Senestech stock. The stock was purchased at an average cost of $1.61 per share, for a total transaction of $11,270.00.
  • On Friday, June 5th, Glenbrook Capital Management acquired 13,159 shares of Senestech stock. The shares were purchased at an average price of $1.57 per share, for a total transaction of $20,659.63.
  • On Thursday, June 4th, Glenbrook Capital Management purchased 8,230 shares of Senestech stock. The shares were purchased at an average price of $1.65 per share, for a total transaction of $13,579.50.
  • On Monday, May 18th, Glenbrook Capital Management acquired 10,000 shares of Senestech stock. The stock was purchased at an average price of $1.59 per share, with a total value of $15,900.00.
  • On Friday, May 15th, Glenbrook Capital Management acquired 7,120 shares of Senestech stock. The stock was purchased at an average price of $1.65 per share, with a total value of $11,748.00.
  • On Thursday, May 14th, Glenbrook Capital Management acquired 15,000 shares of Senestech stock. The stock was acquired at an average cost of $1.72 per share, with a total value of $25,800.00.
  • On Tuesday, April 28th, Glenbrook Capital Management purchased 3,000 shares of Senestech stock. The stock was acquired at an average cost of $1.47 per share, with a total value of $4,410.00.

Senestech Price Performance

NASDAQ SNES opened at $1.49 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 7.79 and a current ratio of 8.91. The firm’s 50 day moving average price is $1.63 and its 200-day moving average price is $1.87. Senestech, Inc. has a 52-week low of $1.41 and a 52-week high of $6.24. The company has a market cap of $7.90 million, a PE ratio of -0.79 and a beta of 0.28.

Senestech (NASDAQ:SNESGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.31) EPS for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.02. The company had revenue of $0.49 million during the quarter, compared to the consensus estimate of $0.63 million. Senestech had a negative net margin of 304.22% and a negative return on equity of 67.60%. Sell-side analysts forecast that Senestech, Inc. will post -1.57 EPS for the current fiscal year.

Hedge Funds Weigh In On Senestech

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

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Senestech in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on SNES

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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