SG Americas Securities LLC Has $574,000 Position in Senseonics Holdings, Inc. (NYSEAMERICAN:SENS)

SG Americas Securities LLC lifted its stake in shares of Senseonics Holdings, Inc. (NYSEAMERICAN:SENS) by 883.4% during the third quarter, Holdings Channel reports. The fund owned 169,215 shares of the company’s stock after buying an additional 152,008 shares during the quarter. SG Americas Securities LLC’s holdings in Senseonics were worth $574,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Aristides Capital LLC acquired a new position in shares of Senseonics during the 2nd quarter valued at $38,000. Kestra Advisory Services LLC acquired a new position in shares of Senseonics during the 3rd quarter valued at $38,000. Comerica Bank acquired a new position in shares of Senseonics during the 2nd quarter valued at $36,000. Advisory Services Network LLC acquired a new position in shares of Senseonics during the 2nd quarter valued at $44,000. Finally, Profund Advisors LLC acquired a new position in shares of Senseonics during the 2nd quarter valued at $47,000. Institutional investors own 26.64% of the company’s stock.

Senseonics stock opened at $2.84 on Friday. Senseonics Holdings, Inc. has a 52 week low of $1.48 and a 52 week high of $5.56. The company has a market cap of $1.27 billion, a price-to-earnings ratio of -1.99 and a beta of 0.44.

Senseonics (NYSEAMERICAN:SENS) last posted its earnings results on Tuesday, November 9th. The company reported $0.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.12. The firm had revenue of $3.53 million for the quarter, compared to the consensus estimate of $3.68 million. On average, sell-side analysts forecast that Senseonics Holdings, Inc. will post -0.08 earnings per share for the current year.

In related news, COO Mukul Jain sold 100,000 shares of Senseonics stock in a transaction that occurred on Tuesday, November 16th. The shares were sold at an average price of $3.70, for a total value of $370,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Anthony R. Raab sold 136,538 shares of Senseonics stock in a transaction that occurred on Monday, December 6th. The stock was sold at an average price of $2.53, for a total transaction of $345,441.14. The disclosure for this sale can be found here. Insiders sold a total of 257,536 shares of company stock worth $793,134 in the last ninety days. 5.60% of the stock is currently owned by insiders.

Separately, Zacks Investment Research lowered shares of Senseonics from a “buy” rating to a “hold” rating in a research note on Wednesday, November 17th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $3.95.

About Senseonics

Senseonics Holdings, Inc engages in the design, development, and commercialization of implantable continuous glucose monitoring system for people with diabetes. Its primary product is the brand Eversense, a gluscose monitoring device which includes sensor, smart transmitter, and mobile application. The company was founded on June 26, 2014 and is headquartered in Germantown, MD.

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Institutional Ownership by Quarter for Senseonics (NYSEAMERICAN:SENS)

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