Tenable Holdings, Inc. (NASDAQ:TENB – Get Free Report) Director Linda Kay Zecher sold 2,350 shares of the stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $43.47, for a total transaction of $102,154.50. Following the completion of the sale, the director now directly owns 2,853 shares of the company’s stock, valued at $124,019.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Tenable Stock Performance
Shares of TENB stock opened at $43.74 on Friday. 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 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.00. The business’s 50 day moving average is $46.32 and its two-hundred day moving average is $45.51.
Tenable (NASDAQ:TENB – Get Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.03. Tenable had a negative return on equity of 10.40% and a negative net margin of 8.18%. The company had revenue of $215.96 million for the quarter, compared to the consensus estimate of $213.56 million. Sell-side analysts predict that Tenable Holdings, Inc. will post -0.14 earnings per share for the current year.
Institutional Investors Weigh In On Tenable
Analyst Ratings Changes
A number of analysts have recently issued reports on TENB shares. Needham & Company LLC reissued a “buy” rating and issued a $62.00 price target on shares of Tenable in a research report on Tuesday, May 14th. Stephens increased their price target on shares of Tenable from $60.00 to $62.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 7th. Susquehanna increased their price target on shares of Tenable from $55.00 to $60.00 and gave the stock a “positive” rating in a research report on Thursday, February 8th. Scotiabank began coverage on Tenable in a report on Friday, April 26th. They issued a “sector perform” rating and a $47.00 price objective on the stock. Finally, Wells Fargo & Company increased their price objective on Tenable from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Wednesday, February 7th. Two analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $57.20.
Check Out Our Latest Research Report on Tenable
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.
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