Insider Buying: The Sensei Biotherapeutics, Inc. (NASDAQ:SNSE) Chairman of The Board Just Bought US$80k Worth Of Shares

By
Simply Wall St
Published
February 24, 2022
NasdaqGM:SNSE
Source: Shutterstock

Whilst it may not be a huge deal, we thought it was good to see that the Sensei Biotherapeutics, Inc. (NASDAQ:SNSE) Chairman of The Board, James Peyer, recently bought US$80k worth of stock, for US$4.02 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign.

View our latest analysis for Sensei Biotherapeutics

Sensei Biotherapeutics Insider Transactions Over The Last Year

The Chief R&D Officer, Robert Pierce, made the biggest insider sale in the last 12 months. That single transaction was for US$568k worth of shares at a price of US$7.13 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$3.79. So it may not shed much light on insider confidence at current levels. Robert Pierce was the only individual insider to sell shares in the last twelve months.

Happily, we note that in the last year insiders paid US$330k for 59.95k shares. But insiders sold 95.82k shares worth US$686k. Robert Pierce sold a total of 95.82k shares over the year at an average price of US$7.16. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
NasdaqGM:SNSE Insider Trading Volume February 24th 2022

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Insider Ownership of Sensei Biotherapeutics

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. A high insider ownership often makes company leadership more mindful of shareholder interests. Sensei Biotherapeutics insiders own about US$21m worth of shares. That equates to 18% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Sensei Biotherapeutics Tell Us?

It's certainly positive to see the recent insider purchases. However, the longer term transactions are not so encouraging. The more recent transactions are a positive, but Sensei Biotherapeutics insiders haven't shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. So they seem pretty well aligned, overall. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To that end, you should learn about the 4 warning signs we've spotted with Sensei Biotherapeutics (including 2 which are potentially serious).

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

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