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 the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $40.72, for a total transaction of $196,596.16. Following the sale, the chief executive officer now directly owns 45,171 shares in the company, valued at approximately $1,839,363.12. This represents a 9.66 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed 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 shares were sold at an average price of $41.75, for a total value of $236,847.75.

Tenable Stock Up 2.5 %

TENB opened at $41.86 on Friday. The company has a market cap of $5.03 billion, a PE ratio of -80.04 and a beta of 0.83. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.28 and a current ratio of 1.28. Tenable Holdings, Inc. has a 1 year low of $35.25 and a 1 year high of $53.50. The firm has a 50 day moving average price of $40.91 and a 200 day moving average price of $41.79.

Institutional Investors Weigh In On Tenable

Several large investors have recently made changes to their positions in the business. Tidal Investments LLC increased its holdings in Tenable by 157.8% in the 1st quarter. Tidal Investments LLC now owns 23,268 shares of the company’s stock valued at $1,150,000 after purchasing an additional 14,244 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its stake in shares of Tenable by 21.0% in 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 stake in shares of Tenable during the 3rd quarter valued at about $2,494,000. Bayesian Capital Management LP acquired a new position in Tenable during the 1st quarter worth approximately $1,310,000. Finally, Panagora Asset Management Inc. boosted its holdings in Tenable by 10.1% in the 2nd quarter. Panagora Asset Management Inc. now owns 373,507 shares of the company’s stock worth $16,277,000 after acquiring an additional 34,254 shares during the period. Institutional investors and hedge funds own 89.06% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on TENB shares. Wells Fargo & Company dropped their target price on shares of Tenable from $60.00 to $50.00 and set an “overweight” rating for the company in a report on Thursday, August 1st. Stifel Nicolaus cut their price objective on Tenable from $54.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, August 1st. Scotiabank lowered their target price on Tenable from $47.00 to $44.00 and set a “sector perform” rating on the stock in a report on Thursday, August 1st. Robert W. Baird cut their price target on Tenable from $53.00 to $50.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Finally, Susquehanna decreased their price objective on Tenable from $60.00 to $48.00 and set a “positive” rating on the stock in a research note on Thursday, August 1st. Five research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average 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.