Senestech (NASDAQ:SNES) Major Shareholder Glenbrook Capital Management Buys 36,375 Shares of Stock

Senestech, Inc. (NASDAQ:SNES – Get Free Report) major shareholder Glenbrook Capital Management purchased 36,375 shares of Senestech stock in a transaction that occurred on Tuesday, October 20th. The stock was acquired at an average cost of $0.67 per share, with a total value of $24,371.25. Following the acquisition, the insider directly owned 2,099,473 shares of the company’s stock, valued at $1,406,646.91. The trade was a 1.76% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more 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 Thursday, October 22nd, Glenbrook Capital Management acquired 7,500 shares of Senestech stock. The shares were acquired at an average price of $0.80 per share, with a total value of $6,000.00.
  • On Wednesday, October 21st, Glenbrook Capital Management acquired 60,000 shares of Senestech stock. The shares were acquired at an average price of $0.74 per share, with a total value of $44,400.00.
  • On Monday, October 19th, Glenbrook Capital Management acquired 376,552 shares of Senestech stock. The shares were acquired at an average price of $0.70 per share, for a total transaction of $263,586.40.
  • On Friday, October 16th, Glenbrook Capital Management acquired 181,252 shares of Senestech stock. The shares were acquired at an average price of $0.63 per share, for a total transaction of $114,188.76.
  • On Thursday, October 15th, Glenbrook Capital Management bought 426,000 shares of Senestech stock. The stock was acquired 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 stock was acquired at an average cost of $1.30 per share, for a total transaction of $8,437.00.
  • On Thursday, August 6th, Glenbrook Capital Management bought 15,000 shares of Senestech stock. The shares were acquired at an average price of $1.30 per share, with a total value of $19,500.00.

Senestech Trading Up 6.5%

SNES stock opened at $0.80 on Friday. Senestech, Inc. has a twelve month low of $0.55 and a twelve month high of $3.90. The company has a debt-to-equity ratio of 0.02, a current ratio of 6.78 and a quick ratio of 5.81. The firm has a 50 day simple moving average of $0.89 and a 200-day simple moving average of $1.32.

Senestech (NASDAQ:SNES – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.02. The business had revenue of $0.77 million during the quarter, compared to analyst estimates 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, sell-side analysts expect that Senestech, Inc. will post -1.28 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Senestech from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has an average rating of “Sell”.

Check Out Our Latest Stock Analysis on Senestech

Institutional Trading of Senestech

A hedge fund recently bought a new position in Senestech stock. Diversify Wealth Management LLC bought a new stake in shares of Senestech, Inc. (NASDAQ:SNES – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 19,119 shares of the company’s stock, valued at approximately $31,000. Diversify Wealth Management LLC owned about 0.36% of Senestech at the end of the most recent reporting period. Institutional investors own 5.19% of the company’s stock.

Senestech Company Profile

(Get Free Report)

SenesTech, Inc is a life sciences company focused on developing fertility-control technologies for managing pest populations. The company’s approach is designed to reduce the reproduction of rodents rather than relying solely on traditional lethal control methods.

SenesTech’s primary product is ContraPest, a liquid bait formulated to target the fertility of both male and female rats. The product is intended for use in settings such as commercial facilities, urban areas, agricultural operations and other locations where rodent populations can create health, safety or economic risks.

See Also

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

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