Stephen A. Vintz Sells 3,180 Shares of Tenable Holdings, Inc. (NASDAQ:TENB) Stock

Tenable Holdings, Inc. (NASDAQ:TENB) CFO Stephen A. Vintz sold 3,180 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $42.74, for a total value of $135,913.20. Following the completion of the transaction, the chief financial officer now directly owns 285,045 shares of the company’s stock, valued at $12,182,823.30. The trade was a 1.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Tenable Stock Down 2.6 %

TENB opened at $41.88 on Thursday. The stock has a market capitalization of $5.03 billion, a price-to-earnings ratio of -82.12 and a beta of 0.83. Tenable Holdings, Inc. has a 12 month low of $35.25 and a 12 month 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 50-day moving average of $41.13 and a two-hundred day moving average of $41.69.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TENB. Barclays dropped their price target on Tenable from $49.00 to $45.00 and set an “equal weight” rating for the company in a research report on Thursday, October 31st. Canaccord Genuity Group dropped their target price on shares of Tenable from $57.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, August 1st. DA Davidson cut shares of Tenable from a “buy” rating to a “neutral” rating and cut their target price for the stock from $56.00 to $40.00 in a research report on Thursday, August 1st. Robert W. Baird lowered their price target on shares of Tenable from $53.00 to $50.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Finally, 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. Five equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $50.81.

Hedge Funds Weigh In On Tenable

Several institutional investors and hedge funds have recently bought and sold shares of TENB. Franklin Resources Inc. grew its stake in shares of Tenable by 7.3% during the 3rd quarter. Franklin Resources Inc. now owns 448,586 shares of the company’s stock valued at $18,984,000 after buying an additional 30,530 shares during the period. Tidal Investments LLC boosted its holdings in Tenable by 19.4% in the third 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 purchased a new stake in Tenable during the third quarter valued at about $282,000. Geode Capital Management LLC increased its stake in Tenable by 1.2% during the third quarter. Geode Capital Management LLC now owns 2,794,485 shares of the company’s stock worth $113,255,000 after acquiring an additional 33,303 shares during the last quarter. Finally, Barclays PLC raised its holdings in shares of Tenable by 31.9% in the 3rd quarter. Barclays PLC now owns 731,626 shares of the company’s stock worth $29,646,000 after purchasing an additional 177,048 shares during the period. Institutional investors and hedge funds own 89.06% of the company’s stock.

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.