Tenable Holdings, Inc. (NASDAQ:TENB) CEO Amit Yoran Sells 1,400 Shares

Tenable Holdings, Inc. (NASDAQ:TENBGet Rating) CEO Amit Yoran sold 1,400 shares of the company’s stock in a transaction that occurred on Tuesday, May 17th. The shares were sold at an average price of $47.68, for a total value of $66,752.00. Following the transaction, the chief executive officer now directly owns 77,014 shares of the company’s stock, valued at approximately $3,672,027.52. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

  • On Monday, April 18th, Amit Yoran sold 35,000 shares of Tenable stock. The shares were sold at an average price of $59.46, for a total value of $2,081,100.00.
  • On Wednesday, April 13th, Amit Yoran sold 100,000 shares of Tenable stock. The shares were sold at an average price of $62.44, for a total value of $6,244,000.00.
  • On Monday, March 21st, Amit Yoran sold 25,000 shares of Tenable stock. The shares were sold at an average price of $55.46, for a total value 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.

Shares of TENB opened at $44.34 on Thursday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 1.69. Tenable Holdings, Inc. has a one year low of $38.43 and a one year high of $63.61. The business has a fifty day moving average of $54.57 and a 200 day moving average of $52.55.

Tenable (NASDAQ:TENBGet Rating) last issued its quarterly earnings data on Tuesday, April 26th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.15) by $0.21. Tenable had a negative return on equity of 28.71% and a negative net margin of 10.99%. During the same period last year, the company earned ($0.03) earnings per share. On average, research analysts predict that Tenable Holdings, Inc. will post -0.55 EPS for the current year.

TENB has been the topic of several recent research reports. Needham & Company LLC restated a “buy” rating and issued a $66.00 price target on shares of Tenable in a research note on Monday, April 25th. Stifel Nicolaus upped their price target on Tenable from $63.00 to $66.00 in a research note on Wednesday, April 27th. Wolfe Research initiated coverage on Tenable in a research note on Monday, April 11th. They issued an “outperform” rating and a $70.00 price target on the stock. Canaccord Genuity Group upped their price target on Tenable from $62.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday, April 21st. Finally, Zacks Investment Research downgraded Tenable from a “hold” rating to a “sell” rating in a research note on Thursday, April 28th. One analyst has rated the stock with a sell rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, Tenable has an average rating of “Buy” and a consensus price target of $67.29.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Tenable by 6.4% in the first quarter. Vanguard Group Inc. now owns 9,900,298 shares of the company’s stock worth $572,138,000 after acquiring an additional 595,338 shares during the period. BlackRock Inc. lifted its position in Tenable by 2.1% during the first quarter. BlackRock Inc. now owns 7,809,324 shares of the company’s stock valued at $451,302,000 after purchasing an additional 163,682 shares in the last quarter. First Trust Advisors LP lifted its position in Tenable by 3.1% during the fourth quarter. First Trust Advisors LP now owns 3,744,238 shares of the company’s stock valued at $206,195,000 after purchasing an additional 111,941 shares in the last quarter. Mackenzie Financial Corp lifted its position in Tenable by 1.3% during the first quarter. Mackenzie Financial Corp now owns 3,028,326 shares of the company’s stock valued at $175,007,000 after purchasing an additional 38,358 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in Tenable by 75.6% during the third quarter. Wellington Management Group LLP now owns 2,149,819 shares of the company’s stock valued at $99,192,000 after purchasing an additional 925,504 shares in the last quarter. 83.39% of the stock is owned by institutional investors.

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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