Senseonics Holdings Inc (SENS) Trading Up -3.7%

Senseonics Holdings Inc (NASDAQ:SENS) shares were up 3.7% on Monday . The stock traded as high as $2.89 and last traded at $2.72. Approximately 155,521 shares were traded during trading, a decline of 80% from the average daily volume of 773,592 shares. The stock had previously closed at $2.82.

Several research analysts have recently weighed in on SENS shares. Canaccord Genuity reiterated a “buy” rating on shares of Senseonics Holdings in a research note on Thursday, September 28th. Zacks Investment Research upgraded Senseonics Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, August 15th.

The firm has a 50-day moving average of $2.99 and a 200-day moving average of $2.99. The stock’s market capitalization is $347.43 million.

Senseonics Holdings (NASDAQ:SENS) last released its quarterly earnings data on Wednesday, August 9th. The company reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.01. The business had revenue of $0.81 million during the quarter, compared to the consensus estimate of $0.81 million. Analysts forecast that Senseonics Holdings Inc will post ($0.54) earnings per share for the current fiscal year.

In other news, COO Mukul Jain sold 11,885 shares of the company’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $3.25, for a total value of $38,626.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Large investors have recently bought and sold shares of the stock. Renaissance Technologies LLC purchased a new stake in shares of Senseonics Holdings in the first quarter worth about $111,000. Susquehanna International Group LLP purchased a new stake in shares of Senseonics Holdings in the second quarter worth about $155,000. LMR Partners LLP purchased a new stake in shares of Senseonics Holdings in the second quarter worth about $177,000. Goldman Sachs Group Inc. purchased a new stake in shares of Senseonics Holdings in the second quarter worth about $276,000. Finally, ING Groep NV lifted its position in shares of Senseonics Holdings by 87.7% in the second quarter. ING Groep NV now owns 225,833 shares of the company’s stock worth $406,000 after buying an additional 105,494 shares in the last quarter.

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About Senseonics Holdings

Senseonics Holdings, Inc is a medical technology company. The Company focuses on the design, development and commercialization of glucose monitoring systems. The Company operates through glucose monitoring systems segment. It offers a continuous glucose monitoring (CGM) system, Eversense, which is designed an implantable CGM system designed to continually measure glucose levels in people with diabetes.

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