Insider Buying: Senestech (NASDAQ:SNES) Major Shareholder Acquires $19,500.00 in Stock

Senestech, Inc. (NASDAQ:SNESGet Free Report) major shareholder Glenbrook Capital Management acquired 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were bought at an average cost of $1.30 per share, for a total transaction of $19,500.00. Following the purchase, the insider owned 1,072,804 shares of the company’s stock, valued at approximately $1,394,645.20. The trade was a 1.42% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 Friday, August 7th, Glenbrook Capital Management acquired 6,490 shares of Senestech stock. The shares were purchased at an average cost of $1.30 per share, for a total transaction of $8,437.00.
  • On Monday, July 20th, Glenbrook Capital Management bought 35,000 shares of Senestech stock. The stock was purchased at an average cost of $1.47 per share, with a total value of $51,450.00.
  • On Tuesday, June 30th, Glenbrook Capital Management acquired 35,000 shares of Senestech stock. The shares were acquired at an average price of $1.51 per share, for a total transaction of $52,850.00.
  • On Monday, June 22nd, Glenbrook Capital Management bought 5,000 shares of Senestech stock. The stock was acquired at an average price of $1.66 per share, with a total value of $8,300.00.
  • On Wednesday, June 17th, Glenbrook Capital Management bought 3,264 shares of Senestech stock. The shares were acquired at an average price of $1.61 per share, for a total transaction of $5,255.04.
  • On Monday, June 8th, Glenbrook Capital Management acquired 7,000 shares of Senestech stock. The shares were bought at an average cost of $1.61 per share, with a total value of $11,270.00.
  • On Friday, June 5th, Glenbrook Capital Management bought 13,159 shares of Senestech stock. The stock was bought at an average cost of $1.57 per share, for a total transaction of $20,659.63.
  • On Thursday, June 4th, Glenbrook Capital Management bought 8,230 shares of Senestech stock. The stock was bought at an average price of $1.65 per share, with a total value of $13,579.50.
  • On Monday, May 18th, Glenbrook Capital Management purchased 10,000 shares of Senestech stock. The shares were bought at an average cost of $1.59 per share, for a total transaction of $15,900.00.
  • On Friday, May 15th, Glenbrook Capital Management purchased 7,120 shares of Senestech stock. The stock was bought at an average price of $1.65 per share, for a total transaction of $11,748.00.

Senestech Trading Down 1.6%

Shares of SNES traded down $0.02 during trading hours on Monday, hitting $1.27. The stock had a trading volume of 70,172 shares, compared to its average volume of 74,183. The firm has a market cap of $6.88 million, a P/E ratio of -0.93 and a beta of 0.28. 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 company’s fifty day simple moving average is $1.50 and its 200 day simple moving average is $1.71. Senestech, Inc. has a 12-month low of $1.15 and a 12-month high of $5.35.

Senestech (NASDAQ:SNESGet Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.35) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.02. Senestech had a negative return on equity of 71.89% and a negative net margin of 294.73%.The business had revenue of $0.77 million for the quarter, compared to analyst estimates of $0.60 million. Equities research analysts forecast that Senestech, Inc. will post -1.57 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Senestech from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, July 10th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

Read Our Latest Report on Senestech

Institutional Investors Weigh In On Senestech

Institutional investors and hedge funds have recently made changes to their positions in the company. Diversify Wealth Management LLC bought a new position in Senestech in the first quarter worth about $31,000. XTX Topco Ltd bought a new position in Senestech during the 4th quarter valued at $54,000. Sabby Management LLC boosted its stake in Senestech by 195.4% during the fourth quarter. Sabby Management LLC now owns 210,564 shares of the company’s stock valued at $451,000 after buying an additional 139,281 shares in the last quarter. Jane Street Group LLC bought a new position in Senestech during the fourth quarter valued at about $32,000. Finally, DRW Securities LLC grew its holdings in Senestech by 171.1% during the fourth quarter. DRW Securities LLC now owns 82,107 shares of the company’s stock worth $176,000 after acquiring an additional 51,818 shares during the period. 5.19% of the stock is owned by institutional investors and hedge funds.

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.

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Insider Buying and Selling by Quarter for Senestech (NASDAQ:SNES)

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