Fisher Asset Management LLC grew its holdings in Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) by 17.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,057,728 shares of the company's stock after purchasing an additional 158,409 shares during the quarter. Fisher Asset Management LLC owned about 0.88% of Tenable worth $42,859,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. Larson Financial Group LLC raised its holdings in Tenable by 658.6% in the 3rd quarter. Larson Financial Group LLC now owns 751 shares of the company's stock valued at $30,000 after acquiring an additional 652 shares in the last quarter. Penserra Capital Management LLC increased its holdings in Tenable by 0.6% in the 3rd quarter. Penserra Capital Management LLC now owns 1,135,875 shares of the company's stock valued at $46,025,000 after buying an additional 7,301 shares during the period. Citigroup Inc. raised its stake in shares of Tenable by 92.4% in the 3rd quarter. Citigroup Inc. now owns 146,365 shares of the company's stock valued at $5,931,000 after buying an additional 70,307 shares in the last quarter. Intech Investment Management LLC bought a new position in shares of Tenable during the 3rd quarter worth about $1,029,000. Finally, Thrivent Financial for Lutherans boosted its position in shares of Tenable by 34.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 34,673 shares of the company's stock valued at $1,405,000 after acquiring an additional 8,821 shares in the last quarter. Institutional investors and hedge funds own 89.06% of the company's stock.
Tenable Trading Up 0.6 %
Shares of TENB opened at $43.01 on Wednesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.28 and a current ratio of 1.28. The stock's 50-day moving average price is $41.07 and its two-hundred day moving average price is $41.70. Tenable Holdings, Inc. has a 1 year low of $35.25 and a 1 year high of $53.50.
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the company. Barclays decreased their price objective on Tenable from $49.00 to $45.00 and set an "equal weight" rating on the stock in a report on Thursday, October 31st. Piper Sandler dropped their price objective on Tenable from $55.00 to $50.00 and set an "overweight" rating for the company in a research note on Thursday, October 31st. Susquehanna dropped their target price on shares of Tenable from $60.00 to $48.00 and set a "positive" rating for the company in a research report on Thursday, August 1st. Jefferies Financial Group started coverage on shares of Tenable in a research report on Wednesday, October 16th. They issued a "hold" rating and a $45.00 price target on the stock. Finally, Wells Fargo & Company dropped their price objective on shares of Tenable from $60.00 to $50.00 and set an "overweight" rating for the company in a report on Thursday, August 1st. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $50.81.
Check Out Our Latest Research Report on Tenable
Insider Transactions at Tenable
In other Tenable news, CEO Amit Yoran sold 4,828 shares of Tenable stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $40.72, for a total value of $196,596.16. Following the transaction, the chief executive officer now owns 45,171 shares of the company's stock, valued at approximately $1,839,363.12. The trade was a 9.66 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Stephen A. Vintz sold 3,180 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $42.74, for a total transaction of $135,913.20. Following the sale, the chief financial officer now directly owns 285,045 shares of the company's stock, valued at $12,182,823.30. This represents a 1.10 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 20,654 shares of company stock valued at $862,879 over the last three months. 4.30% of the stock is currently owned by corporate insiders.
Tenable Profile
(
Free Report)
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.
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