Xponance Inc. Has $320,000 Position in Tenable Holdings, Inc. (NASDAQ:TENB)

Xponance Inc. boosted its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 3.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,939 shares of the company’s stock after purchasing an additional 232 shares during the quarter. Xponance Inc.’s holdings in Tenable were worth $320,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Mackenzie Financial Corp grew its holdings in Tenable by 0.5% during the fourth quarter. Mackenzie Financial Corp now owns 3,038,152 shares of the company’s stock valued at $139,937,000 after purchasing an additional 16,515 shares during the period. Vontobel Holding Ltd. boosted its holdings in shares of Tenable by 13.0% in the fourth quarter. Vontobel Holding Ltd. now owns 225,593 shares of the company’s stock valued at $10,391,000 after buying an additional 25,934 shares during the period. Perigon Wealth Management LLC acquired a new position in shares of Tenable in the fourth quarter valued at approximately $1,887,000. Mutual of America Capital Management LLC boosted its holdings in shares of Tenable by 39.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 82,858 shares of the company’s stock valued at $3,816,000 after buying an additional 23,385 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Tenable by 6.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 801,267 shares of the company’s stock valued at $36,906,000 after buying an additional 48,410 shares during the period. Institutional investors and hedge funds own 89.06% of the company’s stock.

Tenable Stock Performance

NASDAQ TENB opened at $45.99 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.04. The firm’s fifty day moving average price is $47.40 and its two-hundred day moving average price is $45.13. Tenable Holdings, Inc. has a 1 year low of $33.85 and a 1 year high of $53.50. The firm has a market capitalization of $5.46 billion, a P/E ratio of -67.63 and a beta of 0.94.

Tenable (NASDAQ:TENB) last posted its quarterly earnings results on Tuesday, February 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.06. Tenable had a negative net margin of 9.80% and a negative return on equity of 15.19%. The firm had revenue of $213.31 million for the quarter, compared to analyst estimates of $206.95 million. As a group, research analysts anticipate that Tenable Holdings, Inc. will post -0.12 EPS for the current year.

Insider Activity

In other news, CEO Amit Yoran sold 12,329 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $46.22, for a total value of $569,846.38. Following the transaction, the chief executive officer now directly owns 304,444 shares of the company’s stock, valued at $14,071,401.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, COO Mark C. Thurmond sold 1,089 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $47.73, for a total value of $51,977.97. Following the transaction, the chief operating officer now directly owns 48,846 shares of the company’s stock, valued at $2,331,419.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Amit Yoran sold 12,329 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $46.22, for a total transaction of $569,846.38. Following the completion of the transaction, the chief executive officer now directly owns 304,444 shares in the company, valued at $14,071,401.68. The disclosure for this sale can be found here. Insiders have sold 317,382 shares of company stock valued at $15,021,615 over the last ninety days. 4.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $62.00 price target on shares of Tenable in a report on Tuesday, April 23rd. Wells Fargo & Company upped their price target on shares of Tenable from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Wednesday, February 7th. Stephens upped their price target on shares of Tenable from $60.00 to $62.00 and gave the company an “overweight” rating in a report on Wednesday, February 7th. Morgan Stanley upgraded shares of Tenable from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $46.00 to $60.00 in a report on Tuesday, January 9th. Finally, Westpark Capital raised shares of Tenable from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a research report on Friday, January 12th. Two analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, Tenable presently has an average rating of “Moderate Buy” and an average price target of $57.20.

Tenable 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.