Senestech (NASDAQ:SNES) Major Shareholder Buys $13,579.50 in Stock

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management purchased 8,230 shares of the stock in a transaction on Thursday, June 4th. The stock was acquired at an average cost of $1.65 per share, with a total value of $13,579.50. Following the completion of the purchase, the insider directly owned 933,985 shares of the company’s stock, valued at $1,541,075.25. The trade was a 0.89% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Major shareholders that own 10% or more 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 Monday, June 8th, Glenbrook Capital Management acquired 7,000 shares of Senestech stock. The shares were bought at an average cost of $1.61 per share, for a total transaction of $11,270.00.
• On Friday, June 5th, Glenbrook Capital Management bought 13,159 shares of Senestech stock. The stock was bought at an average cost of $1.57 per share, with a total value of $20,659.63.
• On Monday, May 18th, Glenbrook Capital Management bought 10,000 shares of Senestech stock. The shares were bought at an average price of $1.59 per share, with a total value of $15,900.00.
• On Friday, May 15th, Glenbrook Capital Management purchased 7,120 shares of Senestech stock. The shares were bought 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 bought 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 stock was bought 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 bought at an average cost of $1.79 per share, with a total value of $35,307.75.
• On Monday, March 16th, Glenbrook Capital Management bought 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 bought 146,249 shares of Senestech stock. The stock was purchased at an average cost of $1.95 per share, for a total transaction of $285,185.55.

Senestech Trading Down 0.6%

NASDAQ:SNES opened at $1.72 on Thursday. The company has a fifty day moving average of $1.64 and a 200 day moving average of $2.00. Senestech, Inc. has a 52 week low of $1.41 and a 52 week high of $6.24. The company has a quick ratio of 7.79, a current ratio of 8.91 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $9.12 million, a P/E ratio of -0.91 and a beta of 0.28.

Senestech (NASDAQ:SNES) last announced its quarterly earnings results on Tuesday, May 12th. The company reported ($0.31) earnings per share (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 business had revenue of $0.49 million for the quarter, compared to analyst estimates of $0.63 million. On average, research analysts predict that Senestech, Inc. will post -1.57 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Senestech in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC purchased a new position in shares of Senestech in the 2nd quarter valued at approximately $59,000. Jane Street Group LLC bought a new stake in shares of Senestech during the fourth quarter valued at approximately $32,000. Diversify Advisory Services LLC purchased a new stake in Senestech in the fourth quarter worth $34,000. Diversify Wealth Management LLC purchased a new stake in Senestech in the first quarter worth $31,000. Finally, XTX Topco Ltd bought a new position in Senestech in the fourth quarter worth $54,000. Institutional investors own 5.19% of the company’s stock.

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.