Tenable Holdings, Inc. (NASDAQ:TENB) CEO Amit Yoran Sells 9,427 Shares

Tenable Holdings, Inc. (NASDAQ:TENBGet Rating) CEO Amit Yoran sold 9,427 shares of Tenable stock in a transaction dated Wednesday, June 22nd. The shares were sold at an average price of $47.70, for a total value of $449,667.90. Following the completion of the transaction, the chief executive officer now directly owns 109,847 shares in the company, valued at $5,239,701.90. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Monday, May 23rd, Amit Yoran sold 5,911 shares of Tenable stock. The stock was sold at an average price of $47.85, for a total value of $282,841.35.
  • On Friday, May 20th, Amit Yoran sold 14,880 shares of Tenable stock. The stock was sold at an average price of $47.96, for a total value of $713,644.80.
  • On Tuesday, May 17th, Amit Yoran sold 1,400 shares of Tenable stock. The stock was sold at an average price of $47.68, for a total value of $66,752.00.
  • On Monday, April 18th, Amit Yoran sold 35,000 shares of Tenable stock. The stock was 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 stock was sold at an average price of $62.44, for a total value of $6,244,000.00.

Shares of NASDAQ TENB traded up $2.50 during trading on Thursday, reaching $49.47. The stock had a trading volume of 788,380 shares, compared to its average volume of 1,186,207. Tenable Holdings, Inc. has a one year low of $38.77 and a one year high of $63.61. The company has a debt-to-equity ratio of 1.60, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a market cap of $5.47 billion, a PE ratio of -85.29 and a beta of 1.53. The firm’s 50 day moving average price is $51.06 and its two-hundred day moving average price is $51.87.

Tenable (NASDAQ:TENBGet Rating) last issued its quarterly earnings results on Tuesday, April 26th. The company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.02). Tenable had a negative net margin of 10.99% and a negative return on equity of 27.76%. The firm had revenue of $159.37 million during the quarter, compared to the consensus estimate of $153.57 million. During the same quarter last year, the firm posted ($0.03) earnings per share. On average, research analysts expect that Tenable Holdings, Inc. will post -0.55 earnings per share for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Tenable by 6.4% during the 1st quarter. Vanguard Group Inc. now owns 9,900,298 shares of the company’s stock worth $572,138,000 after buying an additional 595,338 shares during the last quarter. BlackRock Inc. grew its stake in Tenable by 2.1% during the 1st quarter. BlackRock Inc. now owns 7,809,324 shares of the company’s stock worth $451,302,000 after buying an additional 163,682 shares during the last quarter. First Trust Advisors LP grew its stake in Tenable by 3.1% during the 4th quarter. First Trust Advisors LP now owns 3,744,238 shares of the company’s stock worth $206,195,000 after buying an additional 111,941 shares during the last quarter. Mackenzie Financial Corp grew its stake in Tenable by 1.3% during the 1st quarter. Mackenzie Financial Corp now owns 3,028,326 shares of the company’s stock worth $175,007,000 after buying an additional 38,358 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in Tenable by 75.6% during the 3rd quarter. Wellington Management Group LLP now owns 2,149,819 shares of the company’s stock worth $99,192,000 after buying an additional 925,504 shares during the last quarter. Institutional investors and hedge funds own 83.39% of the company’s stock.

TENB has been the topic of several recent research reports. Canaccord Genuity Group boosted their price target on Tenable from $62.00 to $75.00 and gave the stock a “buy” rating in a research report on Thursday, April 21st. Canaccord Genuity Group boosted their price target on Tenable from $62.00 to $75.00 in a research report on Thursday, April 21st. DA Davidson initiated coverage on Tenable in a research report on Monday, April 11th. They set a “buy” rating and a $75.00 price target on the stock. Wolfe Research initiated coverage on Tenable in a research report on Monday, April 11th. They issued an “outperform” rating and a $70.00 target price on the stock. Finally, Stifel Nicolaus upped their target price on Tenable from $63.00 to $66.00 in a research report on Wednesday, April 27th. Thirteen research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Tenable currently has an average rating of “Buy” and an average price target of $67.62.

About Tenable (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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