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

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management bought 15,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average cost of $1.72 per share, with a total value of $25,800.00. Following the completion of the purchase, the insider directly owned 908,635 shares of the company’s stock, valued at $1,562,852.20. This represents a 1.68% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company’s shares 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, with a total value 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, with a total value 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, with a total value 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, with a total value 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, with a total value of $9,411.60.
• On Friday, March 13th, Glenbrook Capital Management bought 146,249 shares of Senestech stock. The shares were bought at an average cost of $1.95 per share, with a total value of $285,185.55.
• On Thursday, February 19th, Glenbrook Capital Management bought 34,613 shares of Senestech stock. The shares were bought 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 shares were acquired at an average price 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 shares were acquired at an average price of $2.29 per share, with a total value of $93,448.03.

Senestech Price Performance

SNES stock opened at $1.59 on Tuesday. 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 company has a fifty day simple moving average of $1.70 and a two-hundred day simple moving average of $2.16. The firm has a market capitalization of $8.43 million, a P/E ratio of -0.84 and a beta of 0.18.

Senestech (NASDAQ:SNES) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.31) EPS for the quarter, beating 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 business had revenue of $0.49 million during the quarter, compared to analyst estimates of $0.63 million. Analysts anticipate that Senestech, Inc. will post -1.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Senestech

Several institutional investors have recently made changes to their positions in SNES. Geode Capital Management LLC bought a new stake in shares of Senestech in the 2nd quarter worth about $59,000. Jane Street Group LLC bought a new stake in shares of Senestech in the 2nd quarter worth about $161,000. Essex Investment Management Co. LLC bought a new stake in shares of Senestech in the 3rd quarter worth about $115,000. Sabby Management LLC bought a new stake in shares of Senestech in the 3rd quarter worth about $313,000. Finally, Millennium Management LLC bought a new stake in shares of Senestech in the 3rd quarter worth about $126,000. Institutional investors own 5.19% of the company’s stock.

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.