Mutual of America Capital Management LLC Has $3.82 Million Stock Holdings in Tenable Holdings, Inc. (NASDAQ:TENB)

Mutual of America Capital Management LLC raised its stake in Tenable Holdings, Inc. (NASDAQ:TENB) by 39.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 82,858 shares of the company’s stock after buying an additional 23,385 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Tenable were worth $3,816,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust bought a new position in shares of Tenable in the 1st quarter valued at $25,000. NBC Securities Inc. bought a new position in shares of Tenable in the 3rd quarter valued at $27,000. Captrust Financial Advisors increased its stake in shares of Tenable by 81.0% in the 2nd quarter. Captrust Financial Advisors now owns 791 shares of the company’s stock valued at $36,000 after purchasing an additional 354 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Tenable in the 4th quarter valued at $127,000. Finally, Shell Asset Management Co. bought a new position in shares of Tenable in the 3rd quarter valued at $138,000. 89.06% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TENB. Susquehanna lifted their price target on Tenable from $55.00 to $60.00 and gave the company a “positive” rating in a research note on Thursday, February 8th. Wedbush restated an “outperform” rating and set a $65.00 price objective on shares of Tenable in a research report on Wednesday, April 10th. Needham & Company LLC restated a “buy” rating and set a $62.00 price objective on shares of Tenable in a research report on Tuesday, March 19th. Stephens boosted their price objective on Tenable from $60.00 to $62.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 7th. Finally, Morgan Stanley upgraded Tenable from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $46.00 to $60.00 in a research report on Tuesday, January 9th. One research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat.com, Tenable has a consensus rating of “Moderate Buy” and a consensus target price of $56.63.

Tenable Trading Down 0.5 %

NASDAQ TENB opened at $45.71 on Wednesday. The business’s 50-day moving average price is $48.31 and its two-hundred day moving average price is $45.09. Tenable Holdings, Inc. has a 12 month low of $33.85 and a 12 month high of $53.50. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.04.

Tenable (NASDAQ:TENB) last released its quarterly earnings results on Tuesday, February 6th. The company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.06. Tenable had a negative return on equity of 15.19% and a negative net margin of 9.80%. The firm had revenue of $213.31 million for the quarter, compared to analyst estimates of $206.95 million. Sell-side analysts expect that Tenable Holdings, Inc. will post -0.12 earnings per share for the current year.

Insider Activity

In other news, CEO Amit Yoran sold 33,201 shares of the business’s stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $47.90, for a total value of $1,590,327.90. Following the transaction, the chief executive officer now directly owns 291,532 shares of the company’s stock, valued at approximately $13,964,382.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Amit Yoran sold 33,201 shares of the business’s stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $47.90, for a total value of $1,590,327.90. Following the transaction, the chief executive officer now directly owns 291,532 shares of the company’s stock, valued at approximately $13,964,382.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Stephen A. Vintz sold 5,216 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $46.22, for a total value of $241,083.52. Following the completion of the transaction, the chief financial officer now directly owns 238,593 shares in the company, valued at $11,027,768.46. The disclosure for this sale can be found here. Insiders have sold 351,383 shares of company stock valued at $16,650,143 in the last ninety days. 4.50% of the stock is owned by company insiders.

About Tenable

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.