Senestech (NASDAQ:SNES) Major Shareholder Glenbrook Capital Management Purchases 7,956 Shares

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management bought 7,956 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was purchased at an average price of $1.72 per share, with a total value of $13,684.32. Following the completion of the acquisition, the insider owned 618,310 shares of the company’s stock, valued at approximately $1,063,493.20. This trade represents a 1.30% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% 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 Friday, February 13th, Glenbrook Capital Management purchased 15,390 shares of Senestech stock. The shares were purchased at an average price of $1.89 per share, for a total transaction of $29,087.10.
• On Wednesday, February 11th, Glenbrook Capital Management purchased 8,000 shares of Senestech stock. The stock was purchased at an average price of $1.73 per share, with a total value of $13,840.00.
• On Thursday, February 5th, Glenbrook Capital Management acquired 2,884 shares of Senestech stock. The shares were purchased at an average price of $1.77 per share, for a total transaction of $5,104.68.
• On Wednesday, February 4th, Glenbrook Capital Management bought 5,685 shares of Senestech stock. The shares were purchased at an average cost of $1.82 per share, for a total transaction of $10,346.70.
• On Monday, February 2nd, Glenbrook Capital Management bought 42,739 shares of Senestech stock. The stock was acquired at an average price of $1.98 per share, with a total value of $84,623.22.
• On Friday, January 30th, Glenbrook Capital Management purchased 5,399 shares of Senestech stock. The shares were acquired at an average price of $1.87 per share, for a total transaction of $10,096.13.

Senestech Stock Up 12.4%

NASDAQ:SNES traded up $0.22 during trading hours on Friday, hitting $2.00. 44,882 shares of the company’s stock traded hands, compared to its average volume of 45,234. The stock’s fifty day moving average price is $2.19 and its two-hundred day moving average price is $3.44. The firm has a market cap of $10.44 million, a P/E ratio of -0.55 and a beta of 0.21. The company has a debt-to-equity ratio of 0.01, a quick ratio of 14.73 and a current ratio of 15.75. Senestech, Inc. has a twelve month low of $1.30 and a twelve month high of $6.24.

Senestech (NASDAQ:SNES) last announced its quarterly earnings data on Monday, November 10th. The company reported ($0.28) EPS for the quarter, topping analysts’ consensus estimates of ($0.35) by $0.07. The firm had revenue of $0.69 million during the quarter, compared to analyst estimates of $0.73 million. Senestech had a negative return on equity of 98.35% and a negative net margin of 253.54%. On average, research analysts expect that Senestech, Inc. will post -10.22 earnings per share for the current fiscal year.

Institutional Trading of Senestech

Several large investors have recently added to or reduced their stakes in SNES. Geode Capital Management LLC bought a new position in shares of Senestech during the 2nd quarter valued at $59,000. Jane Street Group LLC bought a new position in Senestech during the fourth quarter valued at about $32,000. Diversify Advisory Services LLC bought a new stake in shares of Senestech during the 4th quarter worth about $34,000. Essex Investment Management Co. LLC acquired a new position in shares of Senestech during the 3rd quarter valued at about $115,000. Finally, Millennium Management LLC bought a new position in shares of Senestech in the 3rd quarter valued at approximately $126,000. 5.19% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Senestech in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Senestech currently has a consensus rating of “Hold”.

Senestech Company Profile

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.