Mutual of America Capital Management LLC decreased its position in Tenable Holdings, Inc. (NASDAQ:TENB – Free Report) by 4.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 67,829 shares of the company’s stock after selling 3,127 shares during the quarter. Mutual of America Capital Management LLC owned about 0.06% of Tenable worth $3,223,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TENB. Delphia USA Inc. grew its holdings in Tenable by 5.0% in the fourth quarter. Delphia USA Inc. now owns 6,107 shares of the company’s stock valued at $233,000 after purchasing an additional 290 shares during the period. Verition Fund Management LLC increased its holdings in shares of Tenable by 1.4% during the 4th quarter. Verition Fund Management LLC now owns 21,278 shares of the company’s stock worth $812,000 after buying an additional 292 shares during the last quarter. Metropolitan Life Insurance Co NY raised its position in shares of Tenable by 4.5% in the 4th quarter. Metropolitan Life Insurance Co NY now owns 6,923 shares of the company’s stock worth $264,000 after buying an additional 299 shares during the period. Metropolitan Life Insurance Co. NY boosted its holdings in Tenable by 4.5% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 6,923 shares of the company’s stock valued at $264,000 after acquiring an additional 299 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in Tenable by 81.0% during the second quarter. Captrust Financial Advisors now owns 791 shares of the company’s stock valued at $36,000 after acquiring an additional 354 shares during the period. 88.84% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on TENB. Barclays increased their price objective on shares of Tenable from $49.00 to $51.00 in a research report on Wednesday, July 26th. Piper Sandler increased their target price on Tenable from $50.00 to $55.00 in a research note on Wednesday, July 26th. Wells Fargo & Company boosted their price target on Tenable from $52.00 to $60.00 in a research report on Wednesday, July 26th. Wedbush increased their price objective on shares of Tenable from $45.00 to $55.00 in a research report on Wednesday, July 26th. Finally, Stifel Nicolaus reduced their target price on shares of Tenable from $53.00 to $47.00 in a research report on Tuesday, April 25th. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, Tenable has a consensus rating of “Moderate Buy” and an average target price of $49.42.
Tenable Stock Performance
Insider Buying and Selling at Tenable
In other Tenable news, COO Mark C. Thurmond sold 2,516 shares of the business’s stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of $37.54, for a total transaction of $94,450.64. Following the completion of the transaction, the chief operating officer now directly owns 37,769 shares of the company’s stock, valued at approximately $1,417,848.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Tenable news, CEO Amit Yoran sold 41,966 shares of the business’s stock in a transaction on Wednesday, July 26th. The stock was sold at an average price of $48.20, for a total transaction of $2,022,761.20. Following the completion of the transaction, the chief executive officer now owns 240,013 shares in the company, valued at approximately $11,568,626.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Mark C. Thurmond sold 2,516 shares of the firm’s stock in a transaction on Wednesday, May 24th. The shares were sold at an average price of $37.54, for a total value of $94,450.64. Following the transaction, the chief operating officer now directly owns 37,769 shares in the company, valued at $1,417,848.26. The disclosure for this sale can be found here. Insiders sold a total of 65,780 shares of company stock worth $2,948,038 over the last ninety days. Company insiders own 4.50% of the company’s stock.
About Tenable
Tenable Holdings, Inc engages in the development of security software solutions. It offers Cyber Exposure which is a discipline for managing and measuring cybersecurity risk in the digital era. Its products include tenable.io, tenable.sc, tenable.ot, and nessus professional. The firm delivers solutions in the field of application security, cloud security, compliance, energy, finance, healthcare, and retail.
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