79,974 Shares in Senseonics Holdings, Inc. Common Stock $SENS Purchased by Great Lakes Advisors LLC

Great Lakes Advisors LLC purchased a new stake in Senseonics Holdings, Inc. Common Stock (NASDAQ:SENS) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 79,974 shares of the company’s stock, valued at approximately $2,362,000.

Several other institutional investors also recently bought and sold shares of SENS. Goldman Sachs Group Inc. lifted its position in shares of Senseonics Holdings, Inc. Common Stock by 26.2% in the first quarter. Goldman Sachs Group Inc. now owns 612,534 shares of the company’s stock valued at $402,000 after acquiring an additional 127,086 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Senseonics Holdings, Inc. Common Stock by 26.6% in the 2nd quarter. Geode Capital Management LLC now owns 8,701,129 shares of the company’s stock valued at $4,147,000 after purchasing an additional 1,828,302 shares in the last quarter. Walleye Capital LLC purchased a new position in Senseonics Holdings, Inc. Common Stock in the 2nd quarter valued at $539,000. Sei Investments Co. acquired a new stake in Senseonics Holdings, Inc. Common Stock during the 2nd quarter worth $761,000. Finally, First Light Asset Management LLC boosted its stake in Senseonics Holdings, Inc. Common Stock by 666.7% during the 2nd quarter. First Light Asset Management LLC now owns 35,708,124 shares of the company’s stock worth $17,011,000 after purchasing an additional 31,050,619 shares during the last quarter. 12.36% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Senseonics Holdings, Inc. Common Stock

In other news, Director Douglas A. Roeder bought 13,953 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were bought at an average price of $8.98 per share, with a total value of $125,297.94. Following the completion of the transaction, the director directly owned 171,191 shares in the company, valued at $1,537,295.18. This trade represents a 8.87% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.70% of the stock is currently owned by insiders.

Senseonics Holdings, Inc. Common Stock Price Performance

Shares of SENS opened at $9.71 on Friday. Senseonics Holdings, Inc. Common Stock has a 1-year low of $4.79 and a 1-year high of $11.58. The firm has a market capitalization of $405.88 million, a PE ratio of -4.35 and a beta of 1.01. The company’s 50-day moving average is $6.11. The company has a current ratio of 6.74, a quick ratio of 6.40 and a debt-to-equity ratio of 0.62.

Senseonics Holdings, Inc. Common Stock (NASDAQ:SENS) last released its quarterly earnings results on Thursday, August 6th. The company reported ($0.63) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.08). Senseonics Holdings, Inc. Common Stock had a negative net margin of 225.09% and a negative return on equity of 165.80%. The company had revenue of $14.48 million during the quarter. As a group, sell-side analysts expect that Senseonics Holdings, Inc. Common Stock will post -2.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. HC Wainwright reduced their target price on shares of Senseonics Holdings, Inc. Common Stock from $18.50 to $14.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Weiss Ratings cut shares of Senseonics Holdings, Inc. Common Stock from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, August 12th. Mizuho dropped their price objective on shares of Senseonics Holdings, Inc. Common Stock from $20.00 to $18.00 and set an “outperform” rating for the company in a research note on Wednesday, July 15th. Stifel Nicolaus cut their price objective on shares of Senseonics Holdings, Inc. Common Stock from $9.00 to $8.00 and set a “hold” rating for the company in a report on Monday, May 11th. Finally, Wall Street Zen raised shares of Senseonics Holdings, Inc. Common Stock from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. Four research analysts have rated the stock with a 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 “Moderate Buy” and an average target price of $17.20.

Senseonics Holdings, Inc. Common Stock Profile

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.