Mutual of America Capital Management LLC Has $3.82 Million Holdings in Tenable Holdings, Inc. (NASDAQ:TENB)

Mutual of America Capital Management LLC boosted its holdings in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 39.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 82,858 shares of the company’s stock after acquiring an additional 23,385 shares during the quarter. Mutual of America Capital Management LLC owned 0.07% of Tenable worth $3,816,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Tenable by 2.4% during the 3rd quarter. Vanguard Group Inc. now owns 12,251,265 shares of the company’s stock worth $548,857,000 after purchasing an additional 285,678 shares in the last quarter. BlackRock Inc. raised its stake in shares of Tenable by 3.8% in the 1st quarter. BlackRock Inc. now owns 10,247,170 shares of the company’s stock valued at $486,843,000 after acquiring an additional 370,932 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in Tenable by 1.3% in the 1st quarter. Mackenzie Financial Corp now owns 3,028,326 shares of the company’s stock worth $175,007,000 after purchasing an additional 38,358 shares during the last quarter. William Blair Investment Management LLC lifted its holdings in Tenable by 36.6% in the 3rd quarter. William Blair Investment Management LLC now owns 3,028,310 shares of the company’s stock worth $135,668,000 after purchasing an additional 810,831 shares during the last quarter. Finally, State Street Corp lifted its holdings in Tenable by 3.8% in the 2nd quarter. State Street Corp now owns 2,503,307 shares of the company’s stock worth $109,019,000 after purchasing an additional 92,160 shares during the last quarter. 89.06% of the stock is owned by hedge funds and other institutional investors.

Tenable Stock Down 0.5 %

TENB opened at $45.71 on Wednesday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.19 and a current ratio of 1.19. Tenable Holdings, Inc. has a 1 year low of $33.85 and a 1 year high of $53.50. The stock’s 50 day simple moving average is $48.31 and its 200-day simple moving average is $45.09.

Tenable (NASDAQ:TENB) last released its quarterly earnings data on Tuesday, February 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.06. The business had revenue of $213.31 million for the quarter, compared to analysts’ expectations of $206.95 million. Tenable had a negative return on equity of 15.19% and a negative net margin of 9.80%. On average, analysts expect that Tenable Holdings, Inc. will post -0.12 earnings per share for the current fiscal year.

Insider Transactions at Tenable

In other news, CEO Amit Yoran sold 800 shares of the stock in a transaction on Thursday, January 18th. The stock was sold at an average price of $47.75, for a total transaction of $38,200.00. Following the sale, the chief executive officer now owns 291,532 shares in the company, valued at $13,920,653. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Amit Yoran sold 800 shares of the company’s stock in a transaction on Thursday, January 18th. The stock was sold at an average price of $47.75, for a total transaction of $38,200.00. Following the transaction, the chief executive officer now owns 291,532 shares of the company’s stock, valued at $13,920,653. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Mark C. Thurmond sold 3,976 shares of the company’s stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $47.34, for a total value of $188,223.84. Following the transaction, the chief operating officer now directly owns 53,500 shares in the company, valued at approximately $2,532,690. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 351,383 shares of company stock worth $16,650,143. Insiders own 4.50% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on TENB shares. Wells Fargo & Company boosted their target price on Tenable from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Wednesday, February 7th. Stephens boosted their target price on Tenable from $60.00 to $62.00 and gave the stock an “overweight” rating in a report on Wednesday, February 7th. Truist Financial boosted their target price on Tenable from $50.00 to $60.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. Needham & Company LLC restated a “buy” rating and issued a $62.00 target price on shares of Tenable in a report on Tuesday, March 19th. Finally, Westpark Capital upgraded Tenable from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a report on Friday, January 12th. One equities research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $56.63.

Tenable Profile

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.