Tenable Holdings Inc (NASDAQ:TENB) Director John C. Huffard, Jr. sold 30,700 shares of Tenable stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $26.65, for a total value of $818,155.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of NASDAQ TENB traded up $0.60 during trading hours on Friday, reaching $28.54. The stock had a trading volume of 2,314,858 shares, compared to its average volume of 740,418. The company has a fifty day moving average price of $27.84. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.06. The firm has a market cap of $2.70 billion and a price-to-earnings ratio of -20.99. Tenable Holdings Inc has a 52-week low of $20.00 and a 52-week high of $39.38.
Tenable (NASDAQ:TENB) last posted its earnings results on Tuesday, April 30th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.05. The company had revenue of $80.30 million for the quarter, compared to analysts’ expectations of $78.37 million. The business’s quarterly revenue was up 35.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Tenable Holdings Inc will post -1.02 EPS for the current year.
Several equities analysts recently weighed in on TENB shares. Wedbush reiterated a “buy” rating and set a $44.00 target price on shares of Tenable in a research report on Wednesday, May 1st. Cowen started coverage on Tenable in a research report on Thursday, May 23rd. They set an “outperform” rating and a $36.00 target price on the stock. Zacks Investment Research upgraded Tenable from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research report on Saturday, May 4th. Finally, Nomura started coverage on Tenable in a report on Friday. They issued a “neutral” rating and a $30.00 target price on the stock. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $37.11.
Tenable Company Profile
Tenable Holdings, Inc provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company enterprise software platform enables visibility into an organization's cyber exposure across the attack surface and deep insights that help organizations translate vulnerability data into business insights to understand and reduce their cybersecurity risk.
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