Glenbrook Capital Management Buys 15,000 Shares of Senestech (NASDAQ:SNES) Stock

by · The Cerbat Gem

Senestech, Inc. (NASDAQ:SNES – Get Free Report) major shareholder Glenbrook Capital Management bought 15,000 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were bought at an average cost of $1.72 per share, for a total transaction of $25,800.00. Following the transaction, the insider directly owned 908,635 shares in the company, valued at approximately $1,562,852.20. This represents a 1.68% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Monday, May 18th, Glenbrook Capital Management bought 10,000 shares of Senestech stock. The shares were bought at an average cost of $1.59 per share, for a total transaction of $15,900.00.
  • On Friday, May 15th, Glenbrook Capital Management bought 7,120 shares of Senestech stock. The shares were bought at an average cost of $1.65 per share, for a total transaction of $11,748.00.
  • On Tuesday, April 28th, Glenbrook Capital Management bought 3,000 shares of Senestech stock. The shares were bought at an average cost of $1.47 per share, for a total transaction of $4,410.00.
  • On Tuesday, March 17th, Glenbrook Capital Management bought 19,725 shares of Senestech stock. The shares were bought at an average cost of $1.79 per share, for a total transaction of $35,307.75.
  • On Monday, March 16th, Glenbrook Capital Management bought 5,060 shares of Senestech stock. The shares were bought at an average cost 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 acquired at an average cost 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 stock was acquired at an average cost 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 stock was acquired at an average cost 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 stock was acquired at an average cost of $2.29 per share, with a total value of $93,448.03.

Senestech Stock Down 1.9%

Shares of Senestech stock traded down $0.03 during trading on Monday, reaching $1.59. The company’s stock had a trading volume of 80,237 shares, compared to its average volume of 133,371. 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 company has a market cap of $8.43 million, a price-to-earnings ratio of -0.84 and a beta of 0.18. Senestech, Inc. has a 1-year low of $1.41 and a 1-year high of $6.24. The company has a 50-day simple moving average of $1.70 and a two-hundred day simple moving average of $2.16.

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

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on Senestech

Hedge Funds Weigh In On Senestech

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sabby Management LLC raised its stake in Senestech by 195.4% in the 4th quarter. Sabby Management LLC now owns 210,564 shares of the company’s stock worth $451,000 after acquiring an additional 139,281 shares during the last quarter. Renaissance Technologies LLC raised its stake in Senestech by 35.2% in the 4th 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 last quarter. DRW Securities LLC raised its stake in 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 acquiring an additional 51,818 shares during the last quarter. Jane Street Group LLC purchased a new position in Senestech in the 2nd quarter worth $161,000. Finally, Millennium Management LLC purchased a new position in Senestech in the 3rd quarter worth $126,000. Hedge funds and other institutional investors own 5.19% of the company’s stock.

About Senestech

(Get Free Report)

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.

Featured Stories