Barclays PLC Has $30.33 Million Stock Position in Tenable Holdings, Inc. (NASDAQ:TENB)

Barclays PLC grew its holdings in shares of Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) by 5.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 770,138 shares of the company's stock after acquiring an additional 38,512 shares during the quarter. Barclays PLC owned about 0.64% of Tenable worth $30,327,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Assenagon Asset Management S.A. bought a new position in Tenable during the 4th quarter valued at $15,653,000. Nordea Investment Management AB grew its holdings in Tenable by 10.4% during the fourth quarter. Nordea Investment Management AB now owns 267,519 shares of the company's stock worth $10,489,000 after acquiring an additional 25,247 shares during the period. Harbor Capital Advisors Inc. raised its position in Tenable by 430.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 248,117 shares of the company's stock worth $9,771,000 after acquiring an additional 201,360 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Tenable by 30.3% in the 4th quarter. Pacer Advisors Inc. now owns 2,823 shares of the company's stock valued at $111,000 after acquiring an additional 657 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of Tenable by 7.3% during the 3rd quarter. Franklin Resources Inc. now owns 448,586 shares of the company's stock valued at $18,984,000 after purchasing an additional 30,530 shares in the last quarter. Institutional investors own 89.06% of the company's stock.

Tenable Stock Up 2.9 %

TENB traded up $0.89 during midday trading on Wednesday, hitting $31.88. 417,008 shares of the company's stock traded hands, compared to its average volume of 970,769. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market cap of $3.83 billion, a PE ratio of -106.07 and a beta of 0.88. Tenable Holdings, Inc. has a one year low of $29.99 and a one year high of $49.18. The stock's fifty day simple moving average is $35.58 and its 200-day simple moving average is $39.35.

Tenable (NASDAQ:TENB - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.26). Tenable had a negative net margin of 4.03% and a negative return on equity of 2.07%. As a group, equities analysts anticipate that Tenable Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

Insider Transactions at Tenable

In other news, Director Linda Kay Zecher sold 2,500 shares of Tenable stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $37.00, for a total value of $92,500.00. Following the transaction, the director now owns 353 shares of the company's stock, valued at $13,061. This trade represents a 87.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Stephen A. Vintz sold 6,681 shares of the company's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $38.16, for a total transaction of $254,946.96. Following the sale, the chief executive officer now directly owns 316,523 shares of the company's stock, valued at approximately $12,078,517.68. This represents a 2.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,128 shares of company stock worth $539,256. 1.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

TENB has been the subject of several recent research reports. Stephens initiated coverage on shares of Tenable in a research note on Tuesday, April 1st. They set an "equal weight" rating and a $42.00 target price for the company. Truist Financial decreased their target price on shares of Tenable from $48.00 to $45.00 and set a "buy" rating for the company in a report on Monday, March 31st. Scotiabank boosted their price target on shares of Tenable from $44.00 to $45.00 and gave the company a "sector perform" rating in a report on Tuesday, January 21st. Cantor Fitzgerald started coverage on shares of Tenable in a research report on Monday, March 31st. They issued an "overweight" rating and a $50.00 price target for the company. Finally, Stifel Nicolaus cut shares of Tenable from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $46.00 to $45.00 in a research report on Friday, January 17th. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Tenable has an average rating of "Moderate Buy" and an average price target of $46.72.

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.