7,025 Shares in Tenable Holdings, Inc. (NASDAQ:TENB) Acquired by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC bought a new position in Tenable Holdings, Inc. (NASDAQ:TENB) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 7,025 shares of the company’s stock, valued at approximately $285,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tidal Investments LLC increased its holdings in Tenable by 157.8% in the 1st quarter. Tidal Investments LLC now owns 23,268 shares of the company’s stock worth $1,150,000 after acquiring an additional 14,244 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in Tenable by 21.0% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 352,468 shares of the company’s stock worth $17,408,000 after purchasing an additional 61,080 shares during the period. ProShare Advisors LLC boosted its stake in Tenable by 10.1% in the 1st quarter. ProShare Advisors LLC now owns 21,283 shares of the company’s stock worth $1,052,000 after purchasing an additional 1,961 shares during the period. Blair William & Co. IL boosted its stake in Tenable by 9.5% in the 1st quarter. Blair William & Co. IL now owns 295,886 shares of the company’s stock worth $14,626,000 after purchasing an additional 25,760 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in Tenable by 16.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 932,384 shares of the company’s stock worth $46,088,000 after purchasing an additional 131,117 shares during the period. 89.06% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on TENB. Scotiabank dropped their price target on Tenable from $47.00 to $44.00 and set a “sector perform” rating for the company in a research note on Thursday, August 1st. Jefferies Financial Group began coverage on Tenable in a research note on Wednesday, October 16th. They issued a “hold” rating and a $45.00 price target for the company. Stifel Nicolaus dropped their price target on Tenable from $54.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, August 1st. Truist Financial restated a “buy” rating and issued a $55.00 price target (down from $60.00) on shares of Tenable in a research note on Thursday, August 1st. Finally, Piper Sandler dropped their price target on Tenable from $60.00 to $55.00 and set an “overweight” rating for the company in a research note on Thursday, August 1st. Five investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Tenable currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.56.

Tenable Stock Down 3.0 %

Shares of TENB opened at $40.34 on Thursday. The company has a market cap of $4.80 billion, a PE ratio of -69.55 and a beta of 0.83. The business has a fifty day moving average of $40.90 and a 200 day moving average of $42.53. Tenable Holdings, Inc. has a 52-week low of $33.85 and a 52-week high of $53.50. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.98.

Tenable (NASDAQ:TENB) last released its earnings results on Wednesday, July 31st. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.03. Tenable had a negative return on equity of 7.63% and a negative net margin of 7.77%. The business had revenue of $221.24 million for the quarter, compared to analyst estimates of $218.41 million. On average, sell-side analysts expect that Tenable Holdings, Inc. will post -0.06 EPS for the current year.

Insiders Place Their Bets

In other Tenable news, COO Mark C. Thurmond sold 3,383 shares of the stock in a transaction 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 sale, the chief operating officer now 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Tenable news, COO Mark C. Thurmond sold 3,383 shares of the stock in a transaction 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 sale, the chief operating officer now 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Stephen A. Vintz sold 3,413 shares of the stock in a transaction 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 owns 278,493 shares in the company, valued at approximately $11,627,082.75. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 52,469 shares of company stock worth $2,429,076 over the last quarter. Company insiders own 4.30% of the company’s stock.

Tenable Company Profile

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.