Great Lakes Advisors LLC Purchases Shares of 79,974 Senseonics Holdings, Inc. Common Stock $SENS

Great Lakes Advisors LLC acquired a new position in shares of Senseonics Holdings, Inc. Common Stock (NASDAQ:SENS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 79,974 shares of the company’s stock, valued at approximately $2,362,000. Great Lakes Advisors LLC owned 0.19% of Senseonics Holdings, Inc. Common Stock at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SENS. First Light Asset Management LLC raised its stake in Senseonics Holdings, Inc. Common Stock by 666.7% in the 2nd quarter. First Light Asset Management LLC now owns 35,708,124 shares of the company’s stock worth $17,011,000 after acquiring an additional 31,050,619 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Senseonics Holdings, Inc. Common Stock by 2.2% in the third quarter. Vanguard Group Inc. now owns 34,219,484 shares of the company’s stock valued at $14,920,000 after purchasing an additional 749,453 shares during the period. Geode Capital Management LLC raised its stake in shares of Senseonics Holdings, Inc. Common Stock by 26.6% in the second quarter. Geode Capital Management LLC now owns 8,701,129 shares of the company’s stock worth $4,147,000 after purchasing an additional 1,828,302 shares during the last quarter. Masters Capital Management LLC raised its stake in shares of Senseonics Holdings, Inc. Common Stock by 11.1% in the third quarter. Masters Capital Management LLC now owns 5,000,000 shares of the company’s stock worth $2,179,000 after purchasing an additional 500,000 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of Senseonics Holdings, Inc. Common Stock by 409.0% during the third quarter. UBS Group AG now owns 4,248,519 shares of the company’s stock worth $1,852,000 after purchasing an additional 3,413,866 shares during the period. 12.36% of the stock is owned by hedge funds and other institutional investors.

Senseonics Holdings, Inc. Common Stock Stock Up 10.1%

Shares of Senseonics Holdings, Inc. Common Stock stock opened at $9.71 on Friday. The stock has a market cap of $405.88 million, a price-to-earnings ratio of -4.35 and a beta of 1.01. Senseonics Holdings, Inc. Common Stock has a twelve month low of $4.79 and a twelve month high of $11.58. The company has a current ratio of 6.74, a quick ratio of 6.40 and a debt-to-equity ratio of 0.62. The company has a 50-day simple moving average of $6.11.

Senseonics Holdings, Inc. Common Stock (NASDAQ:SENS) last issued its quarterly earnings results on Thursday, August 6th. The company reported ($0.63) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.08). Senseonics Holdings, Inc. Common Stock had a negative return on equity of 165.80% and a negative net margin of 225.09%.The business had revenue of $14.48 million for the quarter. On average, sell-side analysts expect that Senseonics Holdings, Inc. Common Stock will post -2.29 EPS for the current year.

Analysts Set New Price Targets

SENS has been the topic of a number of recent research reports. Stifel Nicolaus dropped their target price on Senseonics Holdings, Inc. Common Stock from $9.00 to $8.00 and set a “hold” rating on the stock in a research report on Monday, May 11th. Mizuho reduced their price target on shares of Senseonics Holdings, Inc. Common Stock from $20.00 to $18.00 and set an “outperform” rating for the company in a research report on Wednesday, July 15th. Wall Street Zen upgraded shares of Senseonics Holdings, Inc. Common Stock from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. HC Wainwright dropped their price objective on shares of Senseonics Holdings, Inc. Common Stock from $18.50 to $14.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Finally, Weiss Ratings lowered shares of Senseonics Holdings, Inc. Common Stock from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, August 12th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $17.20.

Insider Activity

In other Senseonics Holdings, Inc. Common Stock news, Director Douglas A. Roeder bought 13,953 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were purchased at an average price of $8.98 per share, for a total transaction of $125,297.94. Following the transaction, the director directly owned 171,191 shares of the company’s stock, valued at approximately $1,537,295.18. This represents a 8.87% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 4.70% of the stock is owned by company insiders.

Senseonics Holdings, Inc. Common Stock Profile

Senseonics Holdings, Inc develops and commercializes long-term implantable continuous glucose monitoring (CGM) systems for people with diabetes. The company’s primary product family is the Eversense system, which combines a small subcutaneously implanted sensor, a removable external transmitter, and companion smartphone applications to provide continuous glucose readings and alerts. Senseonics positions its technology as an alternative to wearable patch-style CGMs by offering multi-month sensor longevity and on-body vibration alerts delivered through the transmitter.

Senseonics supports clinical and commercial activities that include research and development, regulatory engagement, manufacturing and distribution, and training for healthcare providers who perform sensor insertion and removal.