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

Senestech, Inc. (NASDAQ:SNES) major shareholder Glenbrook Capital Management acquired 15,000 shares of the stock in a transaction dated Thursday, August 6th. The shares were purchased at an average price of $1.30 per share, for a total transaction of $19,500.00. Following the completion of the purchase, the insider directly owned 1,072,804 shares in the company, valued at $1,394,645.20. The trade was a 1.42% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Major shareholders that own 10% or more 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 Friday, August 7th, Glenbrook Capital Management bought 6,490 shares of Senestech stock. The stock was purchased at an average price of $1.30 per share, with a total value of $8,437.00.
• On Monday, July 20th, Glenbrook Capital Management bought 35,000 shares of Senestech stock. The stock was purchased at an average price of $1.47 per share, with a total value of $51,450.00.
• On Tuesday, June 30th, Glenbrook Capital Management purchased 35,000 shares of Senestech stock. The shares were acquired at an average price of $1.51 per share, with a total value of $52,850.00.
• On Monday, June 22nd, Glenbrook Capital Management purchased 5,000 shares of Senestech stock. The shares were acquired at an average cost of $1.66 per share, for a total transaction of $8,300.00.
• On Wednesday, June 17th, Glenbrook Capital Management purchased 3,264 shares of Senestech stock. The shares were acquired at an average cost of $1.61 per share, for a total transaction of $5,255.04.
• On Monday, June 8th, Glenbrook Capital Management acquired 7,000 shares of Senestech stock. The stock was acquired at an average price of $1.61 per share, for a total transaction of $11,270.00.
• On Friday, June 5th, Glenbrook Capital Management acquired 13,159 shares of Senestech stock. The stock was acquired at an average price of $1.57 per share, for a total transaction of $20,659.63.
• On Thursday, June 4th, Glenbrook Capital Management bought 8,230 shares of Senestech stock. The shares were acquired at an average cost of $1.65 per share, for a total transaction of $13,579.50.
• On Monday, May 18th, Glenbrook Capital Management purchased 10,000 shares of Senestech stock. The stock was acquired at an average price of $1.59 per share, for a total transaction of $15,900.00.
• On Friday, May 15th, Glenbrook Capital Management purchased 7,120 shares of Senestech stock. The shares were acquired at an average cost of $1.65 per share, with a total value of $11,748.00.

Senestech Trading Down 0.8%

SNES stock opened at $1.26 on Wednesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 6.78 and a quick ratio of 5.81. The company has a fifty day moving average price of $1.49 and a two-hundred day moving average price of $1.70. Senestech, Inc. has a one year low of $1.15 and a one year high of $5.35. The stock has a market cap of $6.83 million, a price-to-earnings ratio of -0.92 and a beta of 0.28.

Senestech (NASDAQ:SNES) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.35) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.02. The company had revenue of $0.77 million for the quarter, compared to analyst estimates of $0.60 million. Senestech had a negative net margin of 294.73% and a negative return on equity of 71.89%. Equities analysts anticipate that Senestech, Inc. will post -1.57 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC bought a new stake in Senestech during the second quarter worth $59,000. Jane Street Group LLC bought a new position in shares of Senestech in the 4th quarter valued at $32,000. Diversify Advisory Services LLC acquired a new position in shares of Senestech during the 4th quarter worth $34,000. Diversify Wealth Management LLC acquired a new position in shares of Senestech during the 1st quarter worth $31,000. Finally, XTX Topco Ltd bought a new stake in shares of Senestech during the 4th quarter worth $54,000. 5.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Senestech from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, July 10th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

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.