Senestech (NASDAQ:SNES) Major Shareholder Buys $24,001.49 in Stock

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management acquired 10,481 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were purchased at an average cost of $2.29 per share, for a total transaction of $24,001.49. Following the completion of the transaction, the insider directly owned 669,598 shares in the company, valued at $1,533,379.42. The trade was a 1.59% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Thursday, February 19th, Glenbrook Capital Management bought 34,613 shares of Senestech stock. The stock was purchased at an average cost of $2.40 per share, with a total value of $83,071.20.
• On Tuesday, February 17th, Glenbrook Capital Management bought 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.
• 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 Thursday, February 12th, Glenbrook Capital Management purchased 7,956 shares of Senestech stock. The shares were purchased at an average cost of $1.72 per share, with a total value of $13,684.32.
• On Wednesday, February 11th, Glenbrook Capital Management acquired 8,000 shares of Senestech stock. The stock was acquired at an average cost of $1.73 per share, for a total transaction of $13,840.00.
• On Thursday, February 5th, Glenbrook Capital Management bought 2,884 shares of Senestech stock. The shares were acquired 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 stock was acquired at an average cost of $1.82 per share, with a total value of $10,346.70.
• On Monday, February 2nd, Glenbrook Capital Management purchased 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 cost of $1.87 per share, for a total transaction of $10,096.13.

Senestech Stock Performance

Shares of Senestech stock traded up $0.06 during trading on Thursday, hitting $2.40. 126,958 shares of the company’s stock traded hands, compared to its average volume of 69,302. Senestech, Inc. has a 1 year low of $1.30 and a 1 year high of $6.24. The business has a 50-day simple moving average of $2.13 and a 200-day simple moving average of $3.34. The stock has a market capitalization of $12.53 million, a P/E ratio of -0.66 and a beta of 0.21. The company has a debt-to-equity ratio of 0.01, a current ratio of 15.75 and a quick ratio of 14.73.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. XTX Topco Ltd bought a new position in Senestech in the fourth quarter valued at about $54,000. Sabby Management LLC increased its position in shares of Senestech by 195.4% during the 4th quarter. Sabby Management LLC now owns 210,564 shares of the company’s stock valued at $451,000 after purchasing an additional 139,281 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Senestech during the 4th quarter valued at about $32,000. DRW Securities LLC lifted its stake in shares of Senestech by 171.1% in the 4th quarter. DRW Securities LLC now owns 82,107 shares of the company’s stock worth $176,000 after purchasing an additional 51,818 shares during the period. Finally, Renaissance Technologies LLC boosted its holdings in shares of Senestech by 35.2% in the fourth quarter. Renaissance Technologies LLC now owns 142,800 shares of the company’s stock worth $306,000 after buying an additional 37,165 shares during the last quarter. Institutional investors own 5.19% of the company’s stock.

About Senestech

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.