Senestech (NASDAQ:SNES) Major Shareholder Glenbrook Capital Management Buys 10,000 Shares

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management acquired 10,000 shares of the business’s stock in a transaction on Monday, May 18th. The stock was purchased at an average price of $1.59 per share, for a total transaction of $15,900.00. Following the acquisition, the insider directly owned 925,755 shares in the company, valued at $1,471,950.45. This represents a 1.09% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Glenbrook Capital Management also recently made the following trade(s):

• On Friday, May 15th, Glenbrook Capital Management acquired 7,120 shares of Senestech stock. The stock was purchased at an average price of $1.65 per share, for a total transaction of $11,748.00.
• On Thursday, May 14th, Glenbrook Capital Management acquired 15,000 shares of Senestech stock. The stock was purchased at an average price of $1.72 per share, for a total transaction of $25,800.00.
• On Tuesday, April 28th, Glenbrook Capital Management acquired 3,000 shares of Senestech stock. The stock was purchased at an average price of $1.47 per share, for a total transaction of $4,410.00.
• On Tuesday, March 17th, Glenbrook Capital Management acquired 19,725 shares of Senestech stock. The stock was purchased at an average price of $1.79 per share, for a total transaction of $35,307.75.
• On Monday, March 16th, Glenbrook Capital Management acquired 5,060 shares of Senestech stock. The stock was purchased at an average price of $1.86 per share, for a total transaction of $9,411.60.
• On Friday, March 13th, Glenbrook Capital Management acquired 146,249 shares of Senestech stock. The stock was purchased at an average price of $1.95 per share, for a total transaction of $285,185.55.
• On Thursday, February 19th, Glenbrook Capital Management acquired 34,613 shares of Senestech stock. The stock was purchased at an average price of $2.40 per share, for a total transaction of $83,071.20.
• On Wednesday, February 18th, Glenbrook Capital Management acquired 10,481 shares of Senestech stock. The stock was purchased at an average price of $2.29 per share, for a total transaction of $24,001.49.
• On Tuesday, February 17th, Glenbrook Capital Management acquired 40,807 shares of Senestech stock. The stock was purchased at an average price of $2.29 per share, for a total transaction of $93,448.03.

Senestech Stock Down 1.9%

SNES stock traded down $0.03 during trading on Monday, reaching $1.59. The stock had a trading volume of 80,237 shares, compared to its average volume of 133,371. Senestech, Inc. has a 1-year low of $1.41 and a 1-year high of $6.24. The company has a current ratio of 8.91, a quick ratio of 7.79 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $8.43 million, a P/E ratio of -0.84 and a beta of 0.18. The firm has a fifty day moving average price of $1.70 and a 200 day moving average price of $2.16.

Senestech (NASDAQ:SNES) last issued its quarterly earnings data on Tuesday, May 12th. The company reported ($0.31) EPS for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.02. Senestech had a negative net margin of 304.22% and a negative return on equity of 67.60%. The firm had revenue of $0.49 million for the quarter, compared to analyst estimates of $0.63 million. On average, equities analysts anticipate that Senestech, Inc. will post -1.36 earnings per share for the current year.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Senestech in a research note on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Institutional Trading of Senestech

A number of institutional investors and hedge funds have recently modified their holdings of SNES. Sabby Management LLC boosted its holdings in shares of Senestech by 195.4% in the 4th 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 during the period. Renaissance Technologies LLC raised its stake in Senestech by 35.2% during the fourth quarter. Renaissance Technologies LLC now owns 142,800 shares of the company’s stock worth $306,000 after acquiring an additional 37,165 shares during the period. DRW Securities LLC raised its stake 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. Jane Street Group LLC acquired a new stake in Senestech during the second quarter worth about $161,000. Finally, Millennium Management LLC acquired a new stake in Senestech during the third quarter worth about $126,000. 5.19% of the stock is owned by institutional investors and hedge funds.

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.