Tenable Holdings Inc (NASDAQ:TENB) CEO Sells $305,000.00 in Stock

Tenable Holdings Inc (NASDAQ:TENB) CEO Amit Yoran sold 10,000 shares of the company’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $30.50, for a total value of $305,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Thursday, June 20th, Amit Yoran sold 10,000 shares of Tenable stock. The stock was sold at an average price of $27.90, for a total value of $279,000.00.
  • On Tuesday, May 14th, Amit Yoran sold 10,000 shares of Tenable stock. The stock was sold at an average price of $27.93, for a total value of $279,300.00.
  • On Monday, April 29th, Amit Yoran sold 30,000 shares of Tenable stock. The stock was sold at an average price of $34.90, for a total value of $1,047,000.00.

Shares of Tenable stock opened at $30.52 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.60 and a quick ratio of 1.60. The company has a market cap of $2.94 billion and a price-to-earnings ratio of -22.44. The firm’s 50-day moving average price is $28.12. Tenable Holdings Inc has a 12 month low of $20.00 and a 12 month high of $39.38.

Tenable (NASDAQ:TENB) last announced its quarterly earnings data on Tuesday, April 30th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.18) by $0.05. The firm had revenue of $80.30 million for the quarter, compared to the consensus estimate of $78.37 million. The company’s revenue was up 35.9% on a year-over-year basis. On average, analysts expect that Tenable Holdings Inc will post -1.02 EPS for the current year.

Several institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC increased its position in shares of Tenable by 1,743.0% during the 4th quarter. Advisory Services Network LLC now owns 1,843 shares of the company’s stock valued at $41,000 after purchasing an additional 1,743 shares during the last quarter. Meitav Dash Investments Ltd. increased its position in shares of Tenable by 16.7% during the 1st quarter. Meitav Dash Investments Ltd. now owns 13,009 shares of the company’s stock valued at $418,000 after purchasing an additional 1,861 shares during the last quarter. Strs Ohio increased its position in shares of Tenable by 12.0% during the 1st quarter. Strs Ohio now owns 21,400 shares of the company’s stock valued at $677,000 after purchasing an additional 2,300 shares during the last quarter. Metropolitan Life Insurance Co. NY increased its position in shares of Tenable by 193.7% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 4,032 shares of the company’s stock valued at $89,000 after purchasing an additional 2,659 shares during the last quarter. Finally, Deutsche Bank AG increased its position in shares of Tenable by 17.2% during the 4th quarter. Deutsche Bank AG now owns 30,157 shares of the company’s stock valued at $668,000 after purchasing an additional 4,419 shares during the last quarter. Hedge funds and other institutional investors own 53.51% of the company’s stock.

A number of brokerages have weighed in on TENB. Cowen decreased their target price on Nordstrom from $44.00 to $36.00 and set a “market perform” rating on the stock in a research note on Thursday, May 23rd. Nomura upped their target price on Square from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, June 28th. Macquarie began coverage on Forescout Technologies in a research note on Tuesday. They issued a “neutral” rating and a $41.00 target price on the stock. Zacks Investment Research lowered Zynex from a “hold” rating to a “sell” rating in a research note on Saturday, May 4th. Finally, Wedbush restated a “buy” rating and issued a $44.00 target price on shares of Tenable in a research note on Monday, May 27th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Tenable presently has an average rating of “Buy” and an average price target of $36.90.

About Tenable

Tenable Holdings, Inc provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company enterprise software platform enables visibility into an organization's cyber exposure across the attack surface and deep insights that help organizations translate vulnerability data into business insights to understand and reduce their cybersecurity risk.

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