Senomyx Inc. (NASDAQ:SNMX) has been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation.

Zacks has also given Senomyx an industry rank of 218 out of 255 based on the ratings given to its competitors.

In other news, major shareholder Senvest Management, Llc sold 2,689,504 shares of the stock in a transaction that occurred on Monday, September 17th. The shares were sold at an average price of $1.48, for a total value of $3,980,465.92. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 13.00% of the stock is owned by corporate insiders.

Large investors have recently modified their holdings of the company. Kassirer Asset Management Corp bought a new position in shares of Senomyx in the 3rd quarter worth approximately $1,332,000. Quantum Capital Management lifted its stake in shares of Senomyx by 43.8% in the 2nd quarter. Quantum Capital Management now owns 402,338 shares of the specialty chemicals company’s stock worth $483,000 after purchasing an additional 122,525 shares during the period. BlackRock Inc. lifted its stake in shares of Senomyx by 13.9% in the 2nd quarter. BlackRock Inc. now owns 1,062,279 shares of the specialty chemicals company’s stock worth $1,275,000 after purchasing an additional 129,585 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in shares of Senomyx by 14.4% in the 2nd quarter. Renaissance Technologies LLC now owns 947,100 shares of the specialty chemicals company’s stock worth $1,137,000 after purchasing an additional 119,500 shares during the period. Hedge funds and other institutional investors own 30.71% of the company’s stock.

Shares of NASDAQ:SNMX traded down $0.01 during trading on Friday, hitting $1.50. The company’s stock had a trading volume of 48,300 shares, compared to its average volume of 237,214. Senomyx has a 12 month low of $0.80 and a 12 month high of $1.71. The stock has a market capitalization of $71.54 million, a PE ratio of -49.73 and a beta of 1.49.

Senomyx (NASDAQ:SNMX) last issued its quarterly earnings data on Thursday, August 2nd. The specialty chemicals company reported ($0.08) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.09) by $0.01. Senomyx had a negative net margin of 9.11% and a negative return on equity of 15.80%. The firm had revenue of $3.29 million for the quarter.

About Senomyx

Senomyx, Inc discovers, develops, and commercializes flavor ingredients and natural high intensity sweeteners primarily for the packaged food, beverage, and ingredient supply industries in the United States. The company develops and/or commercializes sweet, savory and salt flavor ingredients, bitter blockers and cooling agents.

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