Blair William & Co. IL Sells 8,632 Shares of Tenable Holdings, Inc. (NASDAQ:TENB)

Blair William & Co. IL lessened its position in shares of Tenable Holdings, Inc. (NASDAQ:TENBFree Report) by 2.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 309,854 shares of the company’s stock after selling 8,632 shares during the quarter. Blair William & Co. IL owned approximately 0.27% of Tenable worth $13,881,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Norges Bank bought a new position in shares of Tenable in the 4th quarter worth $42,934,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Tenable by 1,772.3% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 637,287 shares of the company’s stock worth $28,939,000 after purchasing an additional 603,250 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Tenable by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 9,900,298 shares of the company’s stock worth $572,138,000 after purchasing an additional 595,338 shares in the last quarter. ArrowMark Colorado Holdings LLC lifted its holdings in shares of Tenable by 45.2% in the 2nd quarter. ArrowMark Colorado Holdings LLC now owns 1,576,667 shares of the company’s stock worth $68,664,000 after purchasing an additional 490,704 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new position in shares of Tenable in the 1st quarter worth $27,346,000. Institutional investors and hedge funds own 88.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on TENB shares. Barclays cut their target price on Tenable from $47.00 to $41.00 and set an “equal weight” rating on the stock in a report on Thursday, November 2nd. Piper Sandler dropped their price objective on Tenable from $55.00 to $50.00 and set an “overweight” rating on the stock in a research note on Thursday, November 2nd. Morgan Stanley upgraded Tenable from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $46.00 to $60.00 in a research note on Tuesday, January 9th. Truist Financial raised their price objective on Tenable from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Finally, Wells Fargo & Company raised their price objective on Tenable from $55.00 to $60.00 and gave the company an “overweight” rating in a research note on Wednesday, February 7th. One equities research analyst has rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $56.63.

View Our Latest Analysis on Tenable

Tenable Trading Up 2.3 %

Shares of TENB opened at $51.89 on Monday. The business has a 50-day moving average of $45.78 and a 200 day moving average of $44.26. Tenable Holdings, Inc. has a fifty-two week low of $33.85 and a fifty-two week high of $53.50. The firm has a market cap of $6.07 billion, a P/E ratio of -76.31 and a beta of 0.96. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.62 and a current ratio of 1.62.

Insider Buying and Selling

In other Tenable news, CEO Amit Yoran sold 800 shares of Tenable stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $47.75, for a total transaction of $38,200.00. Following the completion of the transaction, the chief executive officer now owns 291,532 shares of the company’s stock, valued at approximately $13,920,653. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Tenable news, CFO Stephen A. Vintz sold 2,787 shares of Tenable stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $39.65, for a total transaction of $110,504.55. Following the completion of the transaction, the chief financial officer now owns 220,774 shares of the company’s stock, valued at approximately $8,753,689.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Amit Yoran sold 800 shares of Tenable stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $47.75, for a total value of $38,200.00. Following the sale, the chief executive officer now owns 291,532 shares of the company’s stock, valued at approximately $13,920,653. The disclosure for this sale can be found here. In the last 90 days, insiders sold 67,433 shares of company stock valued at $3,037,182. 4.50% of the stock is owned by insiders.

Tenable Profile

(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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Institutional Ownership by Quarter for Tenable (NASDAQ:TENB)

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