Douglas Roeder Buys 13,953 Shares of Senseonics Holdings, Inc. Common Stock (NASDAQ:SENS) Stock

Senseonics Holdings, Inc. Common Stock (NASDAQ:SENS) Director Douglas Roeder bought 13,953 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was acquired at an average cost of $8.98 per share, for a total transaction of $125,297.94. Following the completion of the transaction, the director owned 171,191 shares in the company, valued at $1,537,295.18. This represents a 8.87% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Senseonics Holdings, Inc. Common Stock Trading Up 10.1%

Senseonics Holdings, Inc. Common Stock stock opened at $9.71 on Friday. Senseonics Holdings, Inc. Common Stock has a 52 week low of $4.79 and a 52 week high of $11.58. The company has a debt-to-equity ratio of 0.62, a quick ratio of 6.40 and a current ratio of 6.74. The stock has a market cap of $405.88 million, a PE ratio of -4.35 and a beta of 1.01. The firm’s 50 day simple moving average is $6.11.

Senseonics Holdings, Inc. Common Stock (NASDAQ:SENS) last posted its quarterly earnings results on Thursday, August 6th. The company reported ($0.63) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.55) by ($0.08). Senseonics Holdings, Inc. Common Stock had a negative net margin of 225.09% and a negative return on equity of 165.80%. The company had revenue of $14.48 million during the quarter. As a group, equities analysts predict that Senseonics Holdings, Inc. Common Stock will post -2.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on SENS shares. Wall Street Zen raised shares of Senseonics Holdings, Inc. Common Stock from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 8th. Weiss Ratings lowered Senseonics Holdings, Inc. Common Stock from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, August 12th. Stifel Nicolaus cut their price objective on Senseonics Holdings, Inc. Common Stock from $9.00 to $8.00 and set a “hold” rating on the stock in a research note on Monday, May 11th. HC Wainwright decreased their target price on Senseonics Holdings, Inc. Common Stock from $18.50 to $14.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Finally, Mizuho lowered their price target on Senseonics Holdings, Inc. Common Stock from $20.00 to $18.00 and set an “outperform” rating for the company in a report on Wednesday, July 15th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $17.20.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. First Light Asset Management LLC raised its stake in Senseonics Holdings, Inc. Common Stock by 666.7% during the second quarter. First Light Asset Management LLC now owns 35,708,124 shares of the company’s stock worth $17,011,000 after acquiring an additional 31,050,619 shares during the period. Vanguard Group Inc. lifted its holdings in Senseonics Holdings, Inc. Common Stock by 2.2% in the third quarter. Vanguard Group Inc. now owns 34,219,484 shares of the company’s stock worth $14,920,000 after acquiring an additional 749,453 shares during the last quarter. Geode Capital Management LLC boosted its stake in Senseonics Holdings, Inc. Common Stock by 26.6% in the second quarter. Geode Capital Management LLC now owns 8,701,129 shares of the company’s stock valued at $4,147,000 after acquiring an additional 1,828,302 shares during the period. Masters Capital Management LLC boosted its stake in Senseonics Holdings, Inc. Common Stock by 11.1% in the third quarter. Masters Capital Management LLC now owns 5,000,000 shares of the company’s stock valued at $2,179,000 after acquiring an additional 500,000 shares during the period. Finally, UBS Group AG grew its holdings in shares of Senseonics Holdings, Inc. Common Stock by 409.0% during the third quarter. UBS Group AG now owns 4,248,519 shares of the company’s stock valued at $1,852,000 after purchasing an additional 3,413,866 shares during the last quarter. 12.36% of the stock is owned by institutional investors and hedge funds.

Senseonics Holdings, Inc. Common Stock Company Profile

Senseonics Holdings, Inc develops and commercializes long-term implantable continuous glucose monitoring (CGM) systems for people with diabetes. The company’s primary product family is the Eversense system, which combines a small subcutaneously implanted sensor, a removable external transmitter, and companion smartphone applications to provide continuous glucose readings and alerts. Senseonics positions its technology as an alternative to wearable patch-style CGMs by offering multi-month sensor longevity and on-body vibration alerts delivered through the transmitter.

Senseonics supports clinical and commercial activities that include research and development, regulatory engagement, manufacturing and distribution, and training for healthcare providers who perform sensor insertion and removal.