Tenable Holdings, Inc. (NASDAQ:TENB) CEO Amit Yoran Sells 100,000 Shares

Tenable Holdings, Inc. (NASDAQ:TENBGet Rating) CEO Amit Yoran sold 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 13th. The stock was sold at an average price of $62.44, for a total transaction of $6,244,000.00. Following the transaction, the chief executive officer now owns 180,245 shares in the company, valued at $11,254,497.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Monday, March 21st, Amit Yoran sold 25,000 shares of Tenable stock. The stock was sold at an average price of $55.46, for a total transaction of $1,386,500.00.
  • On Thursday, March 17th, Amit Yoran sold 10,000 shares of Tenable stock. The stock was sold at an average price of $50.24, for a total value of $502,400.00.
  • On Monday, February 28th, Amit Yoran sold 25,000 shares of Tenable stock. The stock was sold at an average price of $55.32, for a total value of $1,383,000.00.
  • On Wednesday, February 23rd, Amit Yoran sold 12,608 shares of Tenable stock. The stock was sold at an average price of $45.92, for a total value of $578,959.36.
  • On Thursday, February 17th, Amit Yoran sold 10,000 shares of Tenable stock. The stock was sold at an average price of $48.86, for a total value of $488,600.00.

Tenable stock opened at $60.99 on Friday. The stock has a market cap of $6.70 billion, a PE ratio of -141.83 and a beta of 1.60. The stock has a 50-day moving average price of $54.18 and a 200 day moving average price of $51.93. Tenable Holdings, Inc. has a 52 week low of $35.53 and a 52 week high of $63.61. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 1.69.

Tenable (NASDAQ:TENBGet Rating) last posted its quarterly earnings data on Tuesday, February 1st. The company reported ($0.15) EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.02. The firm had revenue of $149.02 million during the quarter, compared to analysts’ expectations of $144.55 million. Tenable had a negative return on equity of 21.32% and a negative net margin of 8.63%. The firm’s quarterly revenue was up 26.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.01) EPS. On average, equities analysts predict that Tenable Holdings, Inc. will post -0.7 EPS for the current year.

Several brokerages recently weighed in on TENB. Wolfe Research began coverage on Tenable in a report on Monday, April 11th. They set an “outperform” rating and a $70.00 price target for the company. Wedbush reaffirmed a “buy” rating and set a $70.00 price target on shares of Tenable in a report on Wednesday, February 2nd. Stifel Nicolaus reduced their target price on Tenable from $70.00 to $63.00 and set a “buy” rating for the company in a report on Monday, March 21st. Piper Sandler raised their target price on Tenable from $65.00 to $72.00 in a report on Thursday, January 6th. Finally, DA Davidson assumed coverage on Tenable in a report on Monday, April 11th. They issued a “buy” rating and a $75.00 target price for the company. One research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $64.93.

A number of institutional investors and hedge funds have recently bought and sold shares of TENB. FMR LLC grew its holdings in Tenable by 336.7% in the 1st quarter. FMR LLC now owns 678,769 shares of the company’s stock valued at $21,489,000 after buying an additional 523,335 shares during the period. Amundi Pioneer Asset Management Inc. purchased a new stake in Tenable in the 1st quarter valued at about $244,000. Morgan Stanley lifted its stake in shares of Tenable by 29.0% in the 2nd quarter. Morgan Stanley now owns 1,070,717 shares of the company’s stock valued at $44,272,000 after purchasing an additional 240,686 shares in the last quarter. Virginia Retirement Systems ET AL lifted its stake in shares of Tenable by 13.0% in the 3rd quarter. Virginia Retirement Systems ET AL now owns 6,100 shares of the company’s stock valued at $281,000 after purchasing an additional 700 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its stake in shares of Tenable by 4.4% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 65,363 shares of the company’s stock valued at $3,016,000 after purchasing an additional 2,767 shares in the last quarter. Institutional investors own 82.30% of the company’s stock.

Tenable Company Profile (Get Rating)

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.io, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable.cs, a cloud-native application platform that enables organizations to programmatically detect and fix cloud infrastructure misconfigurations; Tenable.io WAS, which provides scanning for modern web applications; and Tenable.ep, an unified platform that helps organizations identify, assess, and accurately prioritize cyber risks across the entire attack surface.

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