Glenbrook Capital Management Purchases 7,000 Shares of Senestech (NASDAQ:SNES) Stock

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management purchased 7,000 shares of the stock in a transaction dated Monday, June 8th. The shares were bought at an average price of $1.61 per share, with a total value of $11,270.00. Following the completion of the acquisition, the insider directly owned 954,144 shares of the company’s stock, valued at approximately $1,536,171.84. This represents a 0.74% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more 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 Friday, June 5th, Glenbrook Capital Management purchased 13,159 shares of Senestech stock. The shares were bought at an average price of $1.57 per share, with a total value of $20,659.63.
• On Thursday, June 4th, Glenbrook Capital Management purchased 8,230 shares of Senestech stock. The shares were bought at an average price of $1.65 per share, with a total value of $13,579.50.
• On Monday, May 18th, Glenbrook Capital Management purchased 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, with a total value of $11,748.00.
• On Thursday, May 14th, Glenbrook Capital Management purchased 15,000 shares of Senestech stock. The shares were 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 purchased 3,000 shares of Senestech stock. The shares were 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 purchased 19,725 shares of Senestech stock. The shares were bought at an average price of $1.79 per share, with a total value of $35,307.75.
• On Monday, March 16th, Glenbrook Capital Management purchased 5,060 shares of Senestech stock. The shares were bought at an average price of $1.86 per share, with a total value of $9,411.60.
• On Friday, March 13th, Glenbrook Capital Management purchased 146,249 shares of Senestech stock. The shares were bought at an average price of $1.95 per share, with a total value of $285,185.55.

Senestech Stock Up 7.5%

Shares of NASDAQ:SNES opened at $1.73 on Wednesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 7.79 and a current ratio of 8.91. Senestech, Inc. has a 52-week low of $1.41 and a 52-week high of $6.24. The company has a market capitalization of $9.17 million, a PE ratio of -0.92 and a beta of 0.28. The company has a fifty day moving average of $1.64 and a 200-day moving average of $2.01.

Senestech (NASDAQ:SNES) last issued its quarterly earnings data 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 company had revenue of $0.49 million for the quarter, compared to analysts’ expectations of $0.63 million. On average, equities analysts predict that Senestech, Inc. will post -1.57 EPS for the current fiscal year.

Institutional Investors Weigh In On Senestech

Institutional investors and hedge funds have recently made changes to their positions in the business. Diversify Wealth Management LLC acquired a new stake in shares of Senestech in the 1st quarter worth about $31,000. Jane Street Group LLC purchased a new stake in Senestech in the 4th quarter valued at about $32,000. Diversify Advisory Services LLC purchased a new stake in Senestech in the 4th quarter valued at about $34,000. XTX Topco Ltd purchased a new stake in shares of Senestech during the 4th quarter worth approximately $54,000. Finally, Geode Capital Management LLC purchased a new stake in shares of Senestech during the 2nd quarter worth approximately $59,000. Institutional investors and hedge funds own 5.19% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Senestech in a research report on Friday, March 27th. 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’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

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.