Tenable Holdings, Inc. (NASDAQ:TENB) CFO Sells $114,056.72 in Stock

Tenable Holdings, Inc. (NASDAQ:TENB) CFO Stephen A. Vintz sold 2,801 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $40.72, for a total value of $114,056.72. Following the completion of the transaction, the chief financial officer now directly owns 281,536 shares in the company, valued at $11,464,145.92. This represents a 0.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Tenable Trading Up 1.4 %

TENB stock opened at $42.44 on Friday. Tenable Holdings, Inc. has a 52-week low of $35.25 and a 52-week high of $53.50. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.28 and a quick ratio of 1.28. The business has a fifty day moving average of $40.96 and a two-hundred day moving average of $41.79.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on TENB shares. Wells Fargo & Company lowered their price target on Tenable from $60.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, August 1st. Morgan Stanley decreased their target price on Tenable from $55.00 to $50.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 23rd. Truist Financial reiterated a “buy” rating and set a $55.00 price objective (down previously from $60.00) on shares of Tenable in a research report on Thursday, August 1st. Barclays reduced their price objective on Tenable from $49.00 to $45.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 31st. Finally, Needham & Company LLC reiterated a “buy” rating and set a $50.00 price objective on shares of Tenable in a research report on Tuesday, October 29th. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $50.81.

Institutional Investors Weigh In On Tenable

A number of institutional investors have recently modified their holdings of the company. Virtu Financial LLC acquired a new stake in shares of Tenable in the third quarter valued at $282,000. Geode Capital Management LLC grew its stake in shares of Tenable by 1.2% in the third quarter. Geode Capital Management LLC now owns 2,794,485 shares of the company’s stock valued at $113,255,000 after buying an additional 33,303 shares in the last quarter. Barclays PLC grew its stake in shares of Tenable by 31.9% in the third quarter. Barclays PLC now owns 731,626 shares of the company’s stock valued at $29,646,000 after buying an additional 177,048 shares in the last quarter. Y Intercept Hong Kong Ltd grew its stake in shares of Tenable by 25.0% in the third quarter. Y Intercept Hong Kong Ltd now owns 22,894 shares of the company’s stock valued at $928,000 after buying an additional 4,574 shares in the last quarter. Finally, Wolverine Trading LLC acquired a new stake in shares of Tenable in the third quarter valued at $206,000. 89.06% of the stock is owned by institutional investors and hedge funds.

Tenable Company Profile

Tenable Holdings, Inc provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization’s IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities.