Tenable Holdings, Inc. (NASDAQ:TENB) CFO Sells $135,913.20 in Stock

Tenable Holdings, Inc. (NASDAQ:TENB) CFO Stephen A. Vintz sold 3,180 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $42.74, for a total transaction of $135,913.20. Following the transaction, the chief financial officer now owns 285,045 shares in the company, valued at approximately $12,182,823.30. This trade represents a 1.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Tenable Stock Up 0.6 %

Shares of TENB stock opened at $43.01 on Wednesday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.88. The stock has a 50-day moving average of $41.07 and a 200-day moving average of $41.70. Tenable Holdings, Inc. has a one year low of $35.25 and a one year high of $53.50.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TENB. Wells Fargo & Company reduced their price target on shares of Tenable from $60.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, August 1st. DA Davidson downgraded shares of Tenable from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $56.00 to $40.00 in a research report on Thursday, August 1st. Canaccord Genuity Group reduced their price target on shares of Tenable from $57.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, August 1st. Barclays reduced their price target on shares of 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, Jefferies Financial Group initiated coverage on Tenable in a report on Wednesday, October 16th. They set a “hold” rating and a $45.00 price objective for the company. Five investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $50.81.

Institutional Trading of Tenable

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Tidal Investments LLC increased its stake in shares of Tenable by 19.4% in the 3rd quarter. Tidal Investments LLC now owns 31,518 shares of the company’s stock valued at $1,277,000 after acquiring an additional 5,116 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Tenable in the 3rd quarter valued at about $282,000. Geode Capital Management LLC increased its stake in shares of Tenable by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 2,794,485 shares of the company’s stock valued at $113,255,000 after acquiring an additional 33,303 shares during the last quarter. Barclays PLC increased its stake in shares of Tenable by 31.9% in the 3rd quarter. Barclays PLC now owns 731,626 shares of the company’s stock valued at $29,646,000 after acquiring an additional 177,048 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd increased its stake in shares of Tenable by 25.0% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 22,894 shares of the company’s stock valued at $928,000 after acquiring an additional 4,574 shares during the last quarter. 89.06% of the stock is owned by institutional investors.

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.