Tenable Holdings, Inc. (NASDAQ:TENB) Director Linda Kay Zecher Sells 2,600 Shares

Tenable Holdings, Inc. (NASDAQ:TENBGet Free Report) Director Linda Kay Zecher sold 2,600 shares of Tenable stock in a transaction on Friday, February 9th. The shares were sold at an average price of $50.75, for a total transaction of $131,950.00. Following the completion of the sale, the director now directly owns 2 shares of the company’s stock, valued at $101.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Tenable Trading Up 2.3 %

NASDAQ TENB opened at $51.89 on Monday. The company’s 50 day moving average is $45.78 and its 200-day moving average is $44.26. Tenable Holdings, Inc. has a 12-month low of $33.85 and a 12-month high of $53.50. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.62 and a quick ratio of 1.62.

Analyst Ratings Changes

TENB has been the subject of a number of analyst reports. Barclays reduced their price objective on shares of Tenable from $47.00 to $41.00 and set an “equal weight” rating for the company in a report on Thursday, November 2nd. Wedbush lifted their price objective on shares of Tenable from $50.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, February 7th. Needham & Company LLC boosted their price target on shares of Tenable from $56.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Susquehanna boosted their price target on shares of Tenable from $55.00 to $60.00 and gave the stock a “positive” rating in a report on Thursday. Finally, Wells Fargo & Company boosted their price target on shares of Tenable from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Wednesday, February 7th. One research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to MarketBeat, Tenable currently has a consensus rating of “Moderate Buy” and a consensus price target of $56.63.

Read Our Latest Research Report on TENB

Institutional Trading of Tenable

Several hedge funds and other institutional investors have recently modified their holdings of the business. Parkside Financial Bank & Trust bought a new stake in Tenable during the 1st quarter worth approximately $25,000. NBC Securities Inc. bought a new stake in Tenable during the 3rd quarter worth approximately $27,000. Principal Securities Inc. bought a new stake in Tenable during the 4th quarter worth approximately $35,000. Captrust Financial Advisors increased its holdings in Tenable by 81.0% during the 2nd quarter. Captrust Financial Advisors now owns 791 shares of the company’s stock worth $36,000 after acquiring an additional 354 shares during the period. Finally, Headlands Technologies LLC bought a new stake in Tenable during the 2nd quarter worth approximately $37,000. Institutional investors own 88.13% of the company’s stock.

Tenable Company Profile

(Get Free Report)

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 cloud security solutions for security teams to continuously assess the security posture; Tenable.io Web Application Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; and Tenable.asm, an external attack surface management solution.

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