Fiera Capital Corp Takes Position in Tenable Holdings, Inc. (NASDAQ:TENB)

Fiera Capital Corp acquired a new position in Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 61,538 shares of the company's stock, valued at approximately $2,494,000. Fiera Capital Corp owned about 0.05% of Tenable as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the company. Olympiad Research LP increased its holdings in Tenable by 11.1% in the 3rd quarter. Olympiad Research LP now owns 5,287 shares of the company's stock worth $214,000 after acquiring an additional 528 shares during the last quarter. Malaga Cove Capital LLC grew its holdings in Tenable by 55.3% during the 3rd quarter. Malaga Cove Capital LLC now owns 14,071 shares of the company's stock valued at $570,000 after buying an additional 5,008 shares in the last quarter. Emerald Advisers LLC grew its holdings in Tenable by 0.6% during the 3rd quarter. Emerald Advisers LLC now owns 828,201 shares of the company's stock valued at $33,559,000 after buying an additional 5,346 shares in the last quarter. Harbor Capital Advisors Inc. grew its holdings in Tenable by 51.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 46,757 shares of the company's stock valued at $1,895,000 after buying an additional 15,794 shares in the last quarter. Finally, Janney Capital Management LLC grew its holdings in Tenable by 34.0% during the 3rd quarter. Janney Capital Management LLC now owns 7,551 shares of the company's stock valued at $306,000 after buying an additional 1,914 shares in the last quarter. Hedge funds and other institutional investors own 89.06% of the company's stock.

Tenable Price Performance

NASDAQ:TENB traded down $0.36 during mid-day trading on Friday, reaching $41.81. The stock had a trading volume of 1,180,711 shares, compared to its average volume of 992,139. The firm has a 50 day moving average price of $40.66 and a two-hundred day moving average price of $41.99. The stock has a market capitalization of $5.02 billion, a P/E ratio of -81.98 and a beta of 0.83. Tenable Holdings, Inc. has a one year low of $35.25 and a one year high of $53.50. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.21 and a current ratio of 1.28.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Stifel Nicolaus reduced their target price on Tenable from $54.00 to $52.00 and set a "buy" rating for the company in a report on Thursday, August 1st. Scotiabank reduced their target price on Tenable from $47.00 to $44.00 and set a "sector perform" rating for the company in a report on Thursday, August 1st. Baird R W raised Tenable to a "strong-buy" rating in a report on Monday, July 15th. Morgan Stanley reduced their target price on Tenable from $55.00 to $50.00 and set an "overweight" rating for the company in a report on Wednesday, October 23rd. Finally, Piper Sandler dropped 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 equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Tenable has an average 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.