SG Americas Securities LLC acquired a new stake in shares of Senseonics Holdings Inc (NYSEAMERICAN:SENS) during the first quarter, Holdings Channel reports. The fund acquired 18,861 shares of the company’s stock, valued at approximately $46,000.
Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Senseonics by 8.7% in the 3rd quarter. Vanguard Group Inc. now owns 4,779,370 shares of the company’s stock worth $22,797,000 after buying an additional 382,058 shares during the period. Frontier Investment Mgmt Co. purchased a new stake in shares of Senseonics in the 4th quarter worth about $52,000. Northern Trust Corp grew its position in shares of Senseonics by 3.8% in the 4th quarter. Northern Trust Corp now owns 1,002,381 shares of the company’s stock worth $2,597,000 after buying an additional 36,328 shares during the period. Creative Planning purchased a new stake in shares of Senseonics in the 1st quarter worth about $34,000. Finally, Prescott Group Capital Management L.L.C. grew its position in shares of Senseonics by 3,262.1% in the 4th quarter. Prescott Group Capital Management L.L.C. now owns 537,929 shares of the company’s stock worth $1,393,000 after buying an additional 521,929 shares during the period. 30.66% of the stock is currently owned by institutional investors and hedge funds.
Separately, Zacks Investment Research downgraded shares of Senseonics from a “hold” rating to a “sell” rating in a research report on Saturday, May 11th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $6.00.
Senseonics (NYSEAMERICAN:SENS) last released its earnings results on Thursday, May 9th. The company reported ($0.17) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.05). The firm had revenue of $3.42 million for the quarter, compared to analysts’ expectations of $4.05 million.
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Senseonics Holdings, Inc, a medical technology company, designs, develops, and commercializes continuous glucose monitoring (CGM) systems for people with diabetes primarily in Europe. Its products include Eversense and Eversense XL, which are implantable CGM systems that is designed to continually and accurately measure glucose levels in people with diabetes for a period of up to 90 and 180 days.
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