Tenable Holdings Inc (NASDAQ:TENB) CEO Amit Yoran Sells 10,000 Shares

Tenable Holdings Inc (NASDAQ:TENB) CEO Amit Yoran sold 10,000 shares of the company’s stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $27.90, for a total value of $279,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

  • 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.
  • On Monday, April 15th, Amit Yoran sold 30,000 shares of Tenable stock. The stock was sold at an average price of $32.38, for a total value of $971,400.00.

Shares of NASDAQ TENB opened at $26.61 on Thursday. The firm has a market capitalization of $2.67 billion and a PE ratio of -19.57. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.60 and a current ratio of 1.60. Tenable Holdings Inc has a 12-month low of $20.00 and a 12-month high of $39.38. The company has a fifty day moving average of $27.85.

Tenable (NASDAQ:TENB) last announced its quarterly earnings data on Tuesday, April 30th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.05. The company had revenue of $80.30 million during the quarter, compared to analyst estimates of $78.37 million. The company’s quarterly revenue was up 35.9% compared to the same quarter last year. As a group, sell-side analysts expect that Tenable Holdings Inc will post -1.02 earnings per share for the current fiscal year.

A number of research analysts have commented on the company. Zacks Investment Research cut Tenable from a “buy” rating to a “hold” rating in a research note on Thursday, April 11th. Wedbush restated a “buy” rating and set a $44.00 price target on shares of Tenable in a research note on Tuesday, May 14th. Finally, Cowen assumed coverage on Tenable in a research note on Thursday, May 23rd. They set an “outperform” rating and a $36.00 price target on the stock. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. Tenable currently has a consensus rating of “Buy” and an average price target of $38.00.

Several hedge funds and other institutional investors have recently made changes to their positions in TENB. Bank of New York Mellon Corp acquired a new stake in shares of Tenable in the third quarter valued at $1,199,000. Morgan Stanley acquired a new stake in shares of Tenable in the third quarter valued at $4,930,000. Rhumbline Advisers raised its stake in shares of Tenable by 71.0% in the fourth quarter. Rhumbline Advisers now owns 16,876 shares of the company’s stock valued at $374,000 after acquiring an additional 7,008 shares in the last quarter. New York State Common Retirement Fund acquired a new stake in shares of Tenable in the fourth quarter valued at $311,000. Finally, BlackRock Inc. raised its stake in shares of Tenable by 3.9% in the fourth quarter. BlackRock Inc. now owns 955,614 shares of the company’s stock valued at $21,206,000 after acquiring an additional 35,472 shares in the last quarter. Institutional investors and hedge funds own 53.51% of the company’s stock.

Tenable Company Profile

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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Insider Buying and Selling by Quarter for Tenable (NASDAQ:TENB)

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