Senseonics Holdings Inc (SENS) Given Average Recommendation of “Buy” by Analysts
Shares of Senseonics Holdings Inc (NASDAQ:SENS) have received a consensus broker rating score of 1.50 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a buy rating and one has assigned a strong buy rating to the company.
Brokers have set a 1 year consensus target price of $4.75 for the company and are forecasting that the company will post ($0.14) EPS for the current quarter, according to Zacks. Zacks has also given Senseonics Holdings an industry rank of 119 out of 265 based on the ratings given to related companies.
Several equities analysts have recently commented on the company. Zacks Investment Research raised Senseonics Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, August 15th. Canaccord Genuity reaffirmed a “buy” rating on shares of Senseonics Holdings in a research note on Thursday, September 28th.
Senseonics Holdings (NASDAQ SENS) opened at $2.74 on Friday.
Senseonics Holdings (NASDAQ:SENS) last released its quarterly earnings data on Tuesday, October 31st. The company reported ($0.13) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.13). The company had revenue of $2.10 million for the quarter, compared to analyst estimates of $1.51 million. Senseonics Holdings’s quarterly revenue was up 425.0% compared to the same quarter last year.
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In other news, COO Mukul Jain sold 13,115 shares of the company’s stock in a transaction on Monday, September 11th. The stock was sold at an average price of $3.25, for a total value of $42,623.75. Following the transaction, the chief operating officer now owns 13,115 shares of the company’s stock, valued at approximately $42,623.75. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Several institutional investors have recently made changes to their positions in SENS. Renaissance Technologies LLC acquired a new position in shares of Senseonics Holdings in the 1st quarter valued at $111,000. ING Groep NV lifted its stake in shares of Senseonics Holdings by 87.7% in the 2nd quarter. ING Groep NV now owns 225,833 shares of the company’s stock valued at $406,000 after purchasing an additional 105,494 shares during the last quarter. NEA Management Company LLC lifted its stake in shares of Senseonics Holdings by 27.1% in the 2nd quarter. NEA Management Company LLC now owns 33,425,275 shares of the company’s stock valued at $60,165,000 after purchasing an additional 7,119,989 shares during the last quarter. LMR Partners LLP acquired a new position in shares of Senseonics Holdings in the 2nd quarter valued at $177,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Senseonics Holdings in the 2nd quarter valued at $276,000.
Senseonics Holdings Company Profile
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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