Senestech (NASDAQ:SNES) Major Shareholder Glenbrook Capital Management Buys 34,613 Shares

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management acquired 34,613 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were bought at an average cost of $2.40 per share, for a total transaction of $83,071.20. Following the acquisition, the insider owned 704,211 shares in the company, valued at approximately $1,690,106.40. The trade was a 5.17% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Wednesday, February 18th, Glenbrook Capital Management bought 10,481 shares of Senestech stock. The stock was bought at an average cost of $2.29 per share, with a total value of $24,001.49.
• On Tuesday, February 17th, Glenbrook Capital Management bought 40,807 shares of Senestech stock. The shares were bought at an average price of $2.29 per share, for a total transaction of $93,448.03.
• On Friday, February 13th, Glenbrook Capital Management purchased 15,390 shares of Senestech stock. The shares were bought at an average cost of $1.89 per share, for a total transaction of $29,087.10.
• On Thursday, February 12th, Glenbrook Capital Management acquired 7,956 shares of Senestech stock. The stock was bought at an average price of $1.72 per share, with a total value of $13,684.32.
• On Wednesday, February 11th, Glenbrook Capital Management acquired 8,000 shares of Senestech stock. The shares were purchased at an average cost of $1.73 per share, for a total transaction of $13,840.00.
• On Thursday, February 5th, Glenbrook Capital Management acquired 2,884 shares of Senestech stock. The shares were purchased at an average cost of $1.77 per share, for a total transaction of $5,104.68.
• On Wednesday, February 4th, Glenbrook Capital Management acquired 5,685 shares of Senestech stock. The stock was purchased at an average price of $1.82 per share, for a total transaction of $10,346.70.
• On Monday, February 2nd, Glenbrook Capital Management bought 42,739 shares of Senestech stock. The shares were purchased at an average price of $1.98 per share, with a total value of $84,623.22.
• On Friday, January 30th, Glenbrook Capital Management purchased 5,399 shares of Senestech stock. The shares were purchased at an average cost of $1.87 per share, for a total transaction of $10,096.13.

Senestech Trading Up 2.6%

Senestech stock traded up $0.06 during mid-day trading on Thursday, hitting $2.40. The stock had a trading volume of 126,958 shares, compared to its average volume of 69,302. The stock has a 50-day simple moving average of $2.13 and a two-hundred day simple moving average of $3.34. The company has a current ratio of 15.75, a quick ratio of 14.73 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $12.53 million, a PE ratio of -0.66 and a beta of 0.21. Senestech, Inc. has a 12 month low of $1.30 and a 12 month high of $6.24.

Hedge Funds Weigh In On Senestech

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SNES. Geode Capital Management LLC acquired a new stake in Senestech during the 2nd quarter worth $59,000. Corsair Capital Management L.P. bought a new stake in shares of Senestech in the second quarter worth about $255,000. Jane Street Group LLC acquired a new stake in shares of Senestech during the second quarter worth about $161,000. Essex Investment Management Co. LLC bought a new position in shares of Senestech during the 3rd quarter valued at about $115,000. Finally, Sabby Management LLC acquired a new position in shares of Senestech in the 3rd quarter valued at approximately $313,000. Institutional investors own 5.19% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Senestech in a research note on Monday, December 29th. One 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. According to data from MarketBeat.com, the company has an average rating of “Hold”.

About Senestech

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.