Senseonics Holdings, Inc. (NYSEAMERICAN:SENS) Insider Sells $187,881.00 in Stock

Senseonics Holdings, Inc. (NYSEAMERICAN:SENS) insider Francine Kaufman sold 62,627 shares of Senseonics stock in a transaction that occurred on Friday, June 4th. The stock was sold at an average price of $3.00, for a total value of $187,881.00. Following the sale, the insider now owns 1,099,588 shares in the company, valued at $3,298,764. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of NYSEAMERICAN SENS opened at $3.62 on Friday. Senseonics Holdings, Inc. has a twelve month low of $0.35 and a twelve month high of $5.56. The company has a market cap of $1.55 billion, a P/E ratio of -2.97 and a beta of 0.41. The firm has a 50 day moving average price of $0.48.

Senseonics (NYSEAMERICAN:SENS) last issued its quarterly earnings results on Thursday, May 13th. The company reported ($0.68) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.63). As a group, research analysts anticipate that Senseonics Holdings, Inc. will post -0.11 earnings per share for the current fiscal year.

Several research firms have issued reports on SENS. Stifel Nicolaus lifted their price objective on Senseonics from $1.00 to $2.50 and gave the stock a “buy” rating in a report on Friday, March 5th. They noted that the move was a valuation call. Zacks Investment Research upgraded Senseonics from a “sell” rating to a “hold” rating in a report on Wednesday, March 10th. Raymond James reiterated an “underperform” rating on shares of Senseonics in a report on Thursday, March 11th. Finally, SVB Leerink downgraded Senseonics from an “outperform” rating to a “market perform” rating and set a $3.00 price target for the company. in a report on Thursday, April 1st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $1.75.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Delphi Management Partners VIII L.L.C. bought a new position in Senseonics during the 4th quarter worth $8,585,000. Masters Capital Management LLC grew its stake in Senseonics by 369.0% during the 1st quarter. Masters Capital Management LLC now owns 9,380,649 shares of the company’s stock worth $24,765,000 after buying an additional 7,380,649 shares during the last quarter. BlackRock Inc. grew its stake in Senseonics by 101.1% during the 1st quarter. BlackRock Inc. now owns 5,637,619 shares of the company’s stock worth $14,883,000 after buying an additional 2,834,433 shares during the last quarter. Geode Capital Management LLC grew its stake in Senseonics by 97.6% during the 1st quarter. Geode Capital Management LLC now owns 2,365,138 shares of the company’s stock worth $6,243,000 after buying an additional 1,168,266 shares during the last quarter. Finally, Parian Global Management LP bought a new position in Senseonics during the 4th quarter worth $1,744,000. Hedge funds and other institutional investors own 16.01% of the company’s stock.

Senseonics Company Profile

Senseonics Holdings, Inc, a medical technology company, develops and commercializes continuous glucose monitoring (CGM) systems for people with diabetes in the United States, Europe, the Middle East, and Africa. The company's products include Eversense and Eversense XL, which are implantable CGM systems to measure glucose levels in people with diabetes through an under-the-skin sensor, a removable and rechargeable smart transmitter, and a convenient app for real-time diabetes monitoring and management for a period of up to 90 and 180 days.

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Insider Buying and Selling by Quarter for Senseonics (NYSEAMERICAN:SENS)

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