Harvest Management LLC acquired a new stake in shares of Senomyx Inc. (NASDAQ:SNMX) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 108,000 shares of the specialty chemicals company’s stock, valued at approximately $160,000. Harvest Management LLC owned 0.22% of Senomyx at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Quantum Capital Management increased its position in Senomyx by 43.8% during the 2nd quarter. Quantum Capital Management now owns 402,338 shares of the specialty chemicals company’s stock valued at $483,000 after purchasing an additional 122,525 shares during the period. Renaissance Technologies LLC increased its position in Senomyx by 14.4% during the 2nd quarter. Renaissance Technologies LLC now owns 947,100 shares of the specialty chemicals company’s stock valued at $1,137,000 after purchasing an additional 119,500 shares during the period. BlackRock Inc. increased its position in Senomyx by 13.9% during the 2nd quarter. BlackRock Inc. now owns 1,062,279 shares of the specialty chemicals company’s stock valued at $1,275,000 after purchasing an additional 129,585 shares during the period. Finally, Kassirer Asset Management Corp purchased a new position in Senomyx during the 3rd quarter valued at $1,332,000. 34.56% of the stock is currently owned by institutional investors and hedge funds.
In other news, major shareholder Senvest Management, Llc sold 2,689,504 shares of the business’s stock in a transaction on Monday, September 17th. The shares were sold at an average price of $1.48, for a total transaction of $3,980,465.92. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 13.00% of the stock is currently owned by insiders.
Shares of Senomyx stock opened at $1.49 on Friday. The firm has a market cap of $72.02 million, a price-to-earnings ratio of -49.67 and a beta of 1.33. Senomyx Inc. has a 12-month low of $0.83 and a 12-month high of $1.71.
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Senomyx, Inc discovers, develops, and commercializes flavor ingredients and natural high intensity sweeteners primarily for the packaged food, beverage, and ingredient supply industries in the United States. The company develops and/or commercializes sweet, savory and salt flavor ingredients, bitter blockers and cooling agents.
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