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

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management acquired 10,000 shares of Senestech stock in a transaction dated Monday, May 18th. The shares were acquired at an average price of $1.59 per share, with a total value of $15,900.00. Following the completion of the acquisition, the insider directly owned 925,755 shares of the company’s stock, valued at approximately $1,471,950.45. The trade was a 1.09% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 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, May 15th, Glenbrook Capital Management acquired 7,120 shares of Senestech stock. The shares were acquired at an average price of $1.65 per share, with a total value of $11,748.00.
• On Thursday, May 14th, Glenbrook Capital Management acquired 15,000 shares of Senestech stock. The shares were acquired at an average price of $1.72 per share, with a total value of $25,800.00.
• On Tuesday, April 28th, Glenbrook Capital Management acquired 3,000 shares of Senestech stock. The shares were acquired at an average price of $1.47 per share, with a total value of $4,410.00.
• On Tuesday, March 17th, Glenbrook Capital Management acquired 19,725 shares of Senestech stock. The shares were acquired at an average price of $1.79 per share, with a total value of $35,307.75.
• On Monday, March 16th, Glenbrook Capital Management acquired 5,060 shares of Senestech stock. The shares were acquired at an average price of $1.86 per share, with a total value of $9,411.60.
• On Friday, March 13th, Glenbrook Capital Management acquired 146,249 shares of Senestech stock. The shares were acquired at an average price of $1.95 per share, with a total value of $285,185.55.
• On Thursday, February 19th, Glenbrook Capital Management acquired 34,613 shares of Senestech stock. The shares were acquired at an average price of $2.40 per share, with a total value of $83,071.20.
• On Wednesday, February 18th, Glenbrook Capital Management acquired 10,481 shares of Senestech stock. The shares were acquired at an average price of $2.29 per share, with a total value of $24,001.49.
• On Tuesday, February 17th, Glenbrook Capital Management acquired 40,807 shares of Senestech stock. The shares were acquired at an average price of $2.29 per share, with a total value of $93,448.03.

Senestech Stock Down 1.9%

Shares of NASDAQ SNES opened at $1.59 on Tuesday. The stock has a market capitalization of $8.43 million, a P/E ratio of -0.84 and a beta of 0.18. The company has a 50-day moving average price of $1.70 and a 200-day moving average price of $2.16. Senestech, Inc. has a 1 year low of $1.41 and a 1 year high of $6.24. The company has a debt-to-equity ratio of 0.02, a current ratio of 8.91 and a quick ratio of 7.79.

Senestech (NASDAQ:SNES) last released its quarterly earnings results on Tuesday, May 12th. The company reported ($0.31) earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $0.49 million for the quarter, compared to analysts’ expectations of $0.63 million. On average, equities research analysts forecast that Senestech, Inc. will post -1.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Senestech in a report on Friday, March 27th. One 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 stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Institutional Trading of Senestech

Institutional investors have recently modified their holdings of the business. Diversify Wealth Management LLC purchased a new stake in shares of Senestech during the 1st quarter valued at approximately $31,000. Jane Street Group LLC purchased a new stake in shares of Senestech during the 4th quarter valued at approximately $32,000. Diversify Advisory Services LLC purchased a new stake in shares of Senestech during the 4th quarter valued at approximately $34,000. XTX Topco Ltd purchased a new stake in shares of Senestech during the 4th quarter valued at approximately $54,000. Finally, Geode Capital Management LLC purchased a new stake in shares of Senestech during the 2nd quarter valued at approximately $59,000. 5.19% of the stock is currently owned by hedge funds and other institutional investors.

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.