share_log
Hi,
moomoo ID:0
Log Out
English
Back
  • English
  • 中文繁体
  • 中文简体

Lord Abbett & CO. LLC Takes $31.26 Million Position in Tenable Holdings, Inc. (NASDAQ:TENB)

Defense World ·  09/09 16:51

Lord Abbett & CO. LLC acquired a new position in Tenable Holdings, Inc. (NASDAQ:TENB – Get Rating) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 540,853 shares of the company's stock, valued at approximately $31,256,000. Lord Abbett & CO. LLC owned approximately 0.49% of Tenable as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. KRS Capital Management LLC bought a new position in Tenable in the fourth quarter worth approximately $33,000. Exane Derivatives bought a new position in Tenable in the first quarter worth approximately $72,000. Point72 Hong Kong Ltd bought a new position in Tenable in the fourth quarter worth approximately $80,000. Raymond James Financial Services Advisors Inc. bought a new position in Tenable in the first quarter worth approximately $207,000. Finally, Keebeck Alpha LP bought a new position in Tenable in the first quarter worth approximately $212,000. Institutional investors own 87.67% of the company's stock.

Get Tenable alerts:

Insiders Place Their Bets

In other Tenable news, CEO Amit Yoran sold 9,427 shares of the company's stock in a transaction dated Wednesday, June 22nd. The shares were sold at an average price of $47.70, for a total value of $449,667.90. Following the completion of the transaction, the chief executive officer now owns 109,847 shares in the company, valued at $5,239,701.90. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CEO Amit Yoran sold 9,427 shares of the company's stock in a transaction dated Wednesday, June 22nd. The shares were sold at an average price of $47.70, for a total transaction of $449,667.90. Following the completion of the transaction, the chief executive officer now owns 109,847 shares in the company, valued at approximately $5,239,701.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Arthur W. Coviello, Jr. sold 19,166 shares of the company's stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $45.77, for a total transaction of $877,227.82. Following the transaction, the director now owns 25,879 shares of the company's stock, valued at approximately $1,184,481.83. The disclosure for this sale can be found here. Over the last quarter, insiders sold 74,495 shares of company stock worth $3,322,911. Company insiders own 4.80% of the company's stock.

Tenable Price Performance

NASDAQ:TENB opened at $39.36 on Friday. Tenable Holdings, Inc. has a one year low of $36.24 and a one year high of $63.61. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.47 and a current ratio of 1.47. The firm has a market cap of $4.39 billion, a price-to-earnings ratio of -54.67 and a beta of 1.32. The firm's fifty day moving average is $43.37 and its two-hundred day moving average is $49.23.

Tenable (NASDAQ:TENB – Get Rating) last posted its quarterly earnings results on Tuesday, July 26th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.12). The business had revenue of $164.34 million during the quarter, compared to analysts' expectations of $163.47 million. Tenable had a negative net margin of 12.97% and a negative return on equity of 33.54%. Research analysts expect that Tenable Holdings, Inc. will post -0.51 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on TENB. DA Davidson cut their price target on shares of Tenable from $75.00 to $53.00 and set an "outperform" rating on the stock in a report on Wednesday, July 27th. Morgan Stanley cut their price target on shares of Tenable from $63.00 to $53.00 and set an "overweight" rating on the stock in a report on Wednesday, July 27th. Wedbush cut their price target on shares of Tenable from $70.00 to $57.00 and set an "outperform" rating on the stock in a report on Wednesday, July 27th. Wolfe Research cut their price target on shares of Tenable from $59.00 to $47.00 and set an "outperform" rating on the stock in a report on Friday, July 29th. Finally, The Goldman Sachs Group cut their price target on shares of Tenable from $71.00 to $61.00 and set a "buy" rating on the stock in a report on Tuesday, August 2nd. Fifteen investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $56.64.

Tenable Profile

(Get Rating)

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.io, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable.cs, a cloud-native application platform that enables organizations to programmatically detect and fix cloud infrastructure misconfigurations; Tenable.io WAS, which provides scanning for modern web applications; and Tenable.ep, an unified platform that helps organizations identify, assess, and accurately prioritize cyber risks across the entire attack surface.

Read More

  • Get a free copy of the StockNews.com research report on Tenable (TENB)
  • Oil and Gas Stocks: A Safe Way to Invest in Renewable Energy
  • Are These Green Energy Companies Right For Your Portfolio?
  • When Will the Hangover Finally Be Over for Seagate Technology?
  • Does Enphase Energy Have the Juice to Keep Powering Higher?
  • The One Hydrogen Fuel Cell Stock To Rule Them All

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

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.