share_log

Crestwood Advisors Group LLC Buys 1,540 Shares of Tenable Holdings, Inc. (NASDAQ:TENB)

Defense World ·  Sep 18, 2022 06:12

Crestwood Advisors Group LLC raised its stake in Tenable Holdings, Inc. (NASDAQ:TENB – Get Rating) by 31.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,365 shares of the company's stock after acquiring an additional 1,540 shares during the period. Crestwood Advisors Group LLC's holdings in Tenable were worth $289,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of TENB. Parkside Financial Bank & Trust bought a new stake in shares of Tenable in the 1st quarter worth about $25,000. KRS Capital Management LLC bought a new stake in shares of Tenable in the 4th quarter worth about $33,000. Exane Derivatives bought a new stake in shares of Tenable in the 1st quarter worth about $72,000. Point72 Hong Kong Ltd bought a new stake in shares of Tenable in the 4th quarter worth about $80,000. Finally, Mirabella Financial Services LLP bought a new stake in shares of Tenable in the 1st quarter worth about $202,000. 87.67% of the stock is currently owned by institutional investors.

Get Tenable alerts:

Tenable Trading Down 5.0 %

Shares of TENB opened at $37.21 on Friday. The company has a 50 day moving average price of $42.33 and a 200-day moving average price of $48.72. Tenable Holdings, Inc. has a fifty-two week low of $36.24 and a fifty-two week high of $63.61. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.53.

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

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Canaccord Genuity Group cut their price target on shares of Tenable from $65.00 to $56.00 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. William Blair reiterated an "outperform" rating on shares of Tenable in a report on Wednesday, July 20th. BTIG Research cut their price target on shares of Tenable from $73.00 to $58.00 and set an "outperform" rating on the stock in a report on Wednesday, July 27th. Finally, 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. Fifteen equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $56.64.

Insider Transactions at Tenable

In related news, CEO Amit Yoran sold 9,427 shares of the business's stock in a transaction that occurred on 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 document filed with the SEC, which is available at this hyperlink. In related news, CEO Amit Yoran sold 9,427 shares of the business's stock in a transaction that occurred on 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 document filed with the SEC, which is available at this hyperlink. Also, General Counsel Stephen A. Riddick sold 1,509 shares of the business's stock in a transaction that occurred on Thursday, August 18th. The stock was sold at an average price of $42.23, for a total transaction of $63,725.07. Following the transaction, the general counsel now owns 43,825 shares of the company's stock, valued at approximately $1,850,729.75. The disclosure for this sale can be found here. In the last quarter, insiders sold 74,495 shares of company stock valued at $3,322,911. Company insiders own 4.80% of the company's stock.

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.

Recommended Stories

  • Get a free copy of the StockNews.com research report on Tenable (TENB)
  • Stock Market: 3 Islands Of Strength In A Sea Of Red
  • 3 Banks Worth Considering For Q4
  • Is There a Cure for What is Ailing Teladoc Stock?
  • MarketBeat: Week in Review 9/12 – 9/16
  • No One Told These 3 Stocks It's a Down Week

Want to see what other hedge funds are holding TENB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tenable Holdings, Inc. (NASDAQ:TENB – Get Rating).

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment