Aigen Investment Management LP Purchases Shares of 14,309 Tenable Holdings, Inc. (NASDAQ:TENB)

Aigen Investment Management LP bought a new position in Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,309 shares of the company's stock, valued at approximately $580,000.

Several other large investors also recently made changes to their positions in TENB. Champlain Investment Partners LLC lifted its position in Tenable by 59.5% in the first quarter. Champlain Investment Partners LLC now owns 1,591,147 shares of the company's stock worth $78,650,000 after purchasing an additional 593,529 shares during the period. Mackenzie Financial Corp raised its stake in shares of Tenable by 12.7% in the 2nd quarter. Mackenzie Financial Corp now owns 4,191,935 shares of the company's stock worth $182,685,000 after buying an additional 471,126 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Tenable by 37.7% in the second quarter. The Manufacturers Life Insurance Company now owns 719,012 shares of the company's stock valued at $31,335,000 after buying an additional 196,810 shares during the period. Renaissance Technologies LLC bought a new position in Tenable during the second quarter valued at about $7,740,000. Finally, Carlson Capital L P grew its holdings in Tenable by 1,356.6% during the first quarter. Carlson Capital L P now owns 168,968 shares of the company's stock worth $8,352,000 after acquiring an additional 157,368 shares during the period. Institutional investors and hedge funds own 89.06% of the company's stock.

Insider Buying and Selling

In other Tenable news, COO Mark C. Thurmond sold 3,383 shares of the business's stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $41.66, for a total value of $140,935.78. Following the completion of the sale, the chief operating officer now owns 34,079 shares of the company's stock, valued at $1,419,731.14. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CFO Stephen A. Vintz sold 3,413 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $41.75, for a total value of $142,492.75. Following the completion of the sale, the chief financial officer now directly owns 278,493 shares of the company's stock, valued at approximately $11,627,082.75. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Mark C. Thurmond sold 3,383 shares of the business's stock in a transaction on Monday, August 26th. The stock was sold at an average price of $41.66, for a total transaction of $140,935.78. Following the transaction, the chief operating officer now directly owns 34,079 shares in the company, valued at $1,419,731.14. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,469 shares of company stock worth $520,276. Corporate insiders own 4.30% of the company's stock.

Tenable Stock Down 0.8 %

Shares of TENB traded down $0.34 during mid-day trading on Thursday, hitting $41.69. 369,452 shares of the company's stock were exchanged, compared to its average volume of 925,924. The stock has a market cap of $5.01 billion, a price-to-earnings ratio of -82.20 and a beta of 0.83. The firm has a fifty day moving average of $40.74 and a two-hundred day moving average of $41.94. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.88. Tenable Holdings, Inc. has a twelve month low of $35.25 and a twelve month high of $53.50.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Westpark Capital restated a "hold" rating on shares of Tenable in a research report on Thursday, October 31st. Robert W. Baird cut their price objective on Tenable from $53.00 to $50.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. Needham & Company LLC restated a "buy" rating and issued a $50.00 target price on shares of Tenable in a report on Tuesday, October 29th. Wells Fargo & Company cut their target price on Tenable from $60.00 to $50.00 and set an "overweight" rating on the stock in a research report on Thursday, August 1st. Finally, Piper Sandler decreased their price target on Tenable from $55.00 to $50.00 and set an "overweight" rating for the company in a research report on Thursday, October 31st. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $50.81.

About Tenable

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.