SENS Stock Price Increased 26.92%: Why It Happened

By Amit Chowdhry ● February 16, 2021
  • The stock price of Senseonics Holdings Inc (NYSEAMERICAN: SENS) increased by 26.92% today. This is why it happened.

The stock price of Senseonics Holdings Inc (NYSEAMERICAN: SENS) increased by 26.92% today. The company did not have any announcements directly so it appears that there were other catalysts at play. There were a few Schedule 13G filings published by the SEC.

These are what the Schedule 13G documents showed

Schedule 13G Report – Gilder, Gagnon, Howe & Co. LLC (14,480,109 shares at 5.89% stake)

Schedule 13G/A Report – Highbridge Capital Management, LLC (7,908,091 shares at 3.12% stake) and Highbridge Tactical Credit Master Fund, L.P. (6,620,212 shares at 2.62% stake)

Schedule 13G Report – Roche Finance Ltd (28,345,275 at 11.5% stake)

Another catalyst is that SENS appears to be seeing an uptick in discussions on stock trading forums on social media platforms like Reddit and StockTwits.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.