Amit Yoran Sells 4,828 Shares of Tenable Holdings, Inc. (NASDAQ:TENB) Stock

Tenable Holdings, Inc. (NASDAQ:TENB) CEO Amit Yoran sold 4,828 shares of Tenable stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $40.72, for a total value of $196,596.16. Following the completion of the transaction, the chief executive officer now owns 45,171 shares of the company’s stock, valued at approximately $1,839,363.12. The trade was a 9.66 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Amit Yoran also recently made the following trade(s):

• On Monday, August 26th, Amit Yoran sold 5,673 shares of Tenable stock. The stock was sold at an average price of $41.75, for a total value of $236,847.75.

Tenable Stock Performance

TENB opened at $42.44 on Friday. Tenable Holdings, Inc. has a one year low of $35.25 and a one year 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 stock’s fifty day moving average is $40.96 and its 200-day moving average is $41.79.

Institutional Trading of Tenable

A number of hedge funds and other institutional investors have recently modified their holdings of TENB. Tidal Investments LLC grew its holdings in shares of Tenable by 157.8% in the 1st quarter. Tidal Investments LLC now owns 23,268 shares of the company’s stock worth $1,150,000 after acquiring an additional 14,244 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in shares of Tenable by 21.0% during the first quarter. CANADA LIFE ASSURANCE Co now owns 352,468 shares of the company’s stock valued at $17,408,000 after buying an additional 61,080 shares in the last quarter. Fiera Capital Corp purchased a new position in shares of Tenable during the third quarter valued at $2,494,000. Bayesian Capital Management LP purchased a new position in shares of Tenable during the first quarter valued at $1,310,000. Finally, Panagora Asset Management Inc. grew its holdings in shares of Tenable by 10.1% during the second quarter. Panagora Asset Management Inc. now owns 373,507 shares of the company’s stock valued at $16,277,000 after buying an additional 34,254 shares in the last quarter. Institutional investors own 89.06% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on TENB. Barclays cut their price target on Tenable from $49.00 to $45.00 and set an “equal weight” rating on the stock in a report on Thursday, October 31st. Jefferies Financial Group began coverage on Tenable in a report on Wednesday, October 16th. They issued a “hold” rating and a $45.00 price target on the stock. Piper Sandler cut their price target on Tenable from $55.00 to $50.00 and set an “overweight” rating on the stock in a report on Thursday, October 31st. DA Davidson downgraded Tenable from a “buy” rating to a “neutral” rating and cut their target price for the company from $56.00 to $40.00 in a research note on Thursday, August 1st. Finally, Scotiabank cut their target price on Tenable from $47.00 to $44.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 1st. Five investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Tenable presently has a consensus rating of “Moderate Buy” and an average price target of $50.81.

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.