Tufin Software Technologies (NYSE:TUFN – Get Rating) posted its quarterly earnings data on Thursday. The company reported ($0.23) EPS for the quarter, beating analysts' consensus estimates of ($0.24) by $0.01, Briefing.com reports. Tufin Software Technologies had a negative net margin of 37.30% and a negative return on equity of 79.00%. The company had revenue of $29.50 million for the quarter, compared to analyst estimates of $27.72 million. During the same period in the prior year, the firm posted ($0.22) EPS. The company's quarterly revenue was up 14.8% on a year-over-year basis.

Tufin Software Technologies Stock Down 0.2 %

Tufin Software Technologies stock opened at $12.33 on Friday. Tufin Software Technologies has a 12-month low of $7.59 and a 12-month high of $13.00. The firm's fifty day moving average is $12.40 and its 200 day moving average is $11.36. The company has a market capitalization of $453.37 million, a PE ratio of -10.54 and a beta of 0.87.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Point72 Hong Kong Ltd acquired a new position in Tufin Software Technologies during the second quarter worth $37,000. BlackRock Inc. acquired a new position in Tufin Software Technologies during the first quarter worth $64,000. Oppenheimer & Co. Inc. raised its holdings in Tufin Software Technologies by 37.7% during the first quarter. Oppenheimer & Co. Inc. now owns 14,600 shares of the company's stock worth $130,000 after buying an additional 4,000 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Tufin Software Technologies during the first quarter worth $145,000. Finally, Walleye Capital LLC acquired a new position in Tufin Software Technologies during the first quarter worth $169,000. Institutional investors and hedge funds own 57.61% of the company's stock.

Tufin Software Technologies Company Profile

Tufin Software Technologies Ltd., together with its subsidiaries, develops, markets, and sells software-based solutions primarily in the United States, Israel, Europe, the Middle East, and Africa, Germany, the Asia Pacific, and internationally. The company provides SecureTrack, which enables security administrators to define and manage a centralized security policy, minimize the attack surface, and ensure continuous compliance across the network; SecureChange that is used to assess, provision, and verify security configuration changes across physical networks and cloud platforms, while maintaining security and compliance; and SecureApp, which is used to define, manage, and monitor network connectivity for their applications.

Further Reading

• Get a free copy of the StockNews.com research report on Tufin Software Technologies (TUFN)
• 2 EV Suppliers Powering To Gains After Raising Views
• Applied Materials Results Show A Slowing Semiconductor Market
• MarketBeat: Week in Review 8/15 – 8/19
• Apple's Stock Could Be On The Verge Of Another 30% Rally
• Near-Term Headwinds Present An Opportunity In Ross Stores

Receive News & Ratings for Tufin Software Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tufin Software Technologies and related companies with MarketBeat.com's FREE daily email newsletter.