Senseonics Holdings, Inc. (NYSE:SENS) Stake Increased by Millennium Management LLC

Millennium Management LLC boosted its stake in shares of Senseonics Holdings, Inc. (NYSE:SENS - Free Report) by 299.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,088,029 shares of the company's stock after purchasing an additional 815,332 shares during the period. Millennium Management LLC owned approximately 0.18% of Senseonics worth $569,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its holdings in shares of Senseonics by 6,694.1% during the 4th quarter. Jane Street Group LLC now owns 6,118,786 shares of the company's stock worth $3,203,000 after purchasing an additional 6,028,726 shares during the last quarter. First Light Asset Management LLC purchased a new stake in shares of Senseonics in the 4th quarter valued at approximately $3,366,000. Northern Trust Corp boosted its position in shares of Senseonics by 11.2% during the 4th quarter. Northern Trust Corp now owns 1,194,960 shares of the company's stock worth $625,000 after acquiring an additional 120,441 shares in the last quarter. Beck Mack & Oliver LLC purchased a new position in Senseonics in the fourth quarter valued at approximately $79,000. Finally, XTX Topco Ltd acquired a new stake in Senseonics during the 4th quarter worth $179,000. Institutional investors and hedge funds own 12.36% of the company's stock.

Wall Street Analysts Forecast Growth

SENS has been the topic of a number of recent research reports. Wall Street Zen raised Senseonics to a "sell" rating in a report on Monday, May 12th. Mizuho initiated coverage on shares of Senseonics in a report on Thursday, April 10th. They issued an "outperform" rating and a $2.00 price target on the stock. Finally, HC Wainwright set a $1.10 price objective on Senseonics and gave the stock a "buy" rating in a research report on Monday, June 2nd.

Senseonics Stock Performance

Shares of NYSE SENS traded down $0.00 during trading on Thursday, reaching $0.52. The stock had a trading volume of 2,946,974 shares, compared to its average volume of 6,812,921. The stock has a market cap of $340.19 million, a PE ratio of -4.00 and a beta of 0.96. The firm's 50 day moving average price is $0.60 and its two-hundred day moving average price is $0.66. The company has a debt-to-equity ratio of 59.17, a quick ratio of 2.38 and a current ratio of 2.47. Senseonics Holdings, Inc. has a one year low of $0.25 and a one year high of $1.40.

About Senseonics

Senseonics Holdings, Inc, a medical technology company, focuses on development and manufacturing of continuous glucose monitoring (CGM) systems for people with diabetes in the United States and internationally. The company's products include Eversense, Eversense XL, and Eversense E3 that are implantable CGM systems to measure glucose levels in people with diabetes through an under-the-skin sensor, a removable and rechargeable smart transmitter, and a convenient app for real-time diabetes monitoring and management.