Tenable Holdings Inc (NASDAQ:TENB) CRO John Negron sold 32,417 shares of the stock in a transaction dated Tuesday, July 9th. The shares were sold at an average price of $29.77, for a total transaction of $965,054.09. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
John Negron also recently made the following trade(s):
- On Tuesday, May 28th, John Negron sold 451 shares of Tenable stock. The shares were sold at an average price of $29.78, for a total transaction of $13,430.78.
NASDAQ:TENB opened at $30.56 on Friday. Tenable Holdings Inc has a 52 week low of $20.00 and a 52 week high of $39.38. The company has a market capitalization of $2.95 billion and a price-to-earnings ratio of -22.47. The business’s 50-day simple moving average is $27.92. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.06.
Tenable (NASDAQ:TENB) last released its quarterly earnings results on Tuesday, April 30th. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.05. The business had revenue of $80.30 million for the quarter, compared to the consensus estimate of $78.37 million. The firm’s revenue for the quarter was up 35.9% compared to the same quarter last year. As a group, analysts anticipate that Tenable Holdings Inc will post -1.02 EPS for the current fiscal year.
Large investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC increased its position in Tenable by 1,743.0% during the fourth quarter. Advisory Services Network LLC now owns 1,843 shares of the company’s stock worth $41,000 after acquiring an additional 1,743 shares during the period. Metropolitan Life Insurance Co. NY increased its position in Tenable by 193.7% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 4,032 shares of the company’s stock worth $89,000 after acquiring an additional 2,659 shares during the period. GSA Capital Partners LLP bought a new position in Tenable during the fourth quarter worth about $201,000. Los Angeles Capital Management & Equity Research Inc. bought a new position in Tenable during the first quarter worth about $205,000. Finally, BNP Paribas Arbitrage SA increased its position in Tenable by 4,624.1% during the first quarter. BNP Paribas Arbitrage SA now owns 6,472 shares of the company’s stock worth $205,000 after acquiring an additional 6,335 shares during the period. 53.51% of the stock is currently owned by institutional investors and hedge funds.
Several equities analysts have recently weighed in on the stock. Wedbush reissued a “buy” rating and issued a $44.00 price objective on shares of Tenable in a research report on Monday, May 27th. Zacks Investment Research lowered shares of Zynex from a “hold” rating to a “sell” rating in a research report on Saturday, May 4th. Nomura increased their price objective on shares of Square from $90.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, June 28th. Finally, Cowen dropped their price objective on shares of Nordstrom from $44.00 to $36.00 and set a “market perform” rating on the stock in a research report on Thursday, May 23rd. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Tenable currently has an average rating of “Buy” and a consensus price target of $37.11.
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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