Tenable Holdings, Inc. (NASDAQ:TENB) Shares Bought by Creative Planning

Creative Planning grew its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 24.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,888 shares of the company’s stock after purchasing an additional 2,347 shares during the period. Creative Planning’s holdings in Tenable were worth $482,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of TENB. Champlain Investment Partners LLC boosted its stake in shares of Tenable by 59.5% during the 1st quarter. Champlain Investment Partners LLC now owns 1,591,147 shares of the company’s stock worth $78,650,000 after purchasing an additional 593,529 shares during the last quarter. William Blair Investment Management LLC boosted its stake in shares of Tenable by 20.2% during the 1st quarter. William Blair Investment Management LLC now owns 3,491,301 shares of the company’s stock worth $172,575,000 after purchasing an additional 585,559 shares during the last quarter. Mackenzie Financial Corp lifted its holdings in shares of Tenable by 12.7% during the 2nd quarter. Mackenzie Financial Corp now owns 4,191,935 shares of the company’s stock worth $182,685,000 after acquiring an additional 471,126 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of Tenable by 37.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 719,012 shares of the company’s stock worth $31,335,000 after acquiring an additional 196,810 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in shares of Tenable during the 2nd quarter worth about $7,740,000. 89.06% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Stephen A. Vintz sold 3,413 shares of the business’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $41.75, for a total transaction of $142,492.75. Following the completion of the transaction, the chief financial officer now owns 278,493 shares of the company’s stock, valued at approximately $11,627,082.75. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CFO Stephen A. Vintz sold 3,413 shares of the business’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $41.75, for a total transaction of $142,492.75. Following the completion of the transaction, the chief financial officer now owns 278,493 shares of the company’s stock, valued at approximately $11,627,082.75. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Amit Yoran sold 5,673 shares of the business’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $41.75, for a total transaction of $236,847.75. Following the transaction, the chief executive officer now directly owns 39,309 shares of the company’s stock, valued at approximately $1,641,150.75. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,469 shares of company stock valued at $520,276. 4.30% of the stock is currently owned by company insiders.

Tenable Stock Performance

Tenable stock opened at $42.00 on Thursday. Tenable Holdings, Inc. has a 12 month low of $35.25 and a 12 month high of $53.50. The company has a market cap of $5.00 billion, a PE ratio of -82.35 and a beta of 0.83. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.21 and a quick ratio of 1.21. The company has a fifty day moving average price of $40.64 and a two-hundred day moving average price of $42.07.

Analysts Set New Price Targets

Several research analysts have recently weighed in on TENB shares. Jefferies Financial Group started coverage on shares of Tenable in a report on Wednesday, October 16th. They set a “hold” rating and a $45.00 price objective on the stock. Westpark Capital restated a “hold” rating on shares of Tenable in a report on Thursday, October 31st. Canaccord Genuity Group cut their price target on shares of Tenable from $57.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, August 1st. Needham & Company LLC restated a “buy” rating and issued a $50.00 price target on shares of Tenable in a report on Tuesday, October 29th. Finally, Susquehanna cut their price target on shares of Tenable from $60.00 to $48.00 and set a “positive” rating on the stock in a report on Thursday, August 1st. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently 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.