In a report released today, Saket Kalia from Barclays maintained a Hold rating on Tenable Holdings (TENB – Research Report), with a price target of $57.00. The company’s shares closed yesterday at $47.63.
Kalia covers the Technology sector, focusing on stocks such as Zscaler, Gen Digital, and PTC. According to TipRanks, Kalia has an average return of 15.6% and a 61.63% success rate on recommended stocks.
Currently, the analyst consensus on Tenable Holdings is a Strong Buy with an average price target of $58.13.
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The company has a one-year high of $49.77 and a one-year low of $33.85. Currently, Tenable Holdings has an average volume of 902.5K.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TENB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Tenable Holdings (TENB) Company Description:
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, and nessus professional. The firm delivers solutions in the field of application security, cloud security, compliance, energy, finance, healthcare, and retail. The company was founde by John C. Huffard, Jr. and Renaud M. Deraison in 2002 and is headquartered in Columbia, MD.
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