Versor Investments LP acquired a new stake in Tenable Holdings, Inc. (NASDAQ:TENB – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,751 shares of the company’s stock, valued at approximately $582,000.
Several other large investors also recently bought and sold shares of the stock. Swiss Life Asset Management Ltd acquired a new position in Tenable in the fourth quarter valued at $284,000. NewEdge Wealth LLC acquired a new stake in shares of Tenable during the fourth quarter worth about $754,000. Horizon Investments LLC boosted its stake in shares of Tenable by 123.6% during the fourth quarter. Horizon Investments LLC now owns 3,434 shares of the company’s stock worth $81,000 after buying an additional 1,898 shares during the period. State of New Jersey Common Pension Fund D boosted its stake in shares of Tenable by 18.2% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 83,599 shares of the company’s stock worth $1,967,000 after buying an additional 12,885 shares during the period. Finally, UBS Group AG boosted its stake in shares of Tenable by 327.6% during the fourth quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock worth $72,768,000 after buying an additional 2,369,402 shares during the period. Institutional investors and hedge funds own 89.06% of the company’s stock.
Tenable Price Performance
Shares of NASDAQ:TENB opened at $20.58 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.42. The company has a market cap of $2.27 billion, a P/E ratio of -205.80 and a beta of 0.87. Tenable Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $35.69. The company has a 50-day moving average price of $19.51 and a 200 day moving average price of $22.60.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on TENB. Wells Fargo & Company increased their target price on shares of Tenable from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. UBS Group decreased their target price on shares of Tenable from $43.00 to $37.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. TD Cowen decreased their target price on shares of Tenable from $45.00 to $38.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. DA Davidson decreased their target price on shares of Tenable from $25.00 to $24.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Finally, Canaccord Genuity Group decreased their target price on shares of Tenable from $33.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Nine analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Tenable has a consensus rating of “Hold” and a consensus target price of $27.84.
View Our Latest Stock Analysis on Tenable
Tenable Company Profile
Tenable Holdings, Inc is a global cybersecurity company specializing in vulnerability management and continuous threat exposure assessment. Headquartered in Columbia, Maryland, Tenable was founded in 2002 by Ron Gula and Jack Huffard to address the growing need for proactive network security solutions. Over the years, the company has evolved from a pioneer in open-source vulnerability scanning to a leading provider of comprehensive security platforms that help organizations identify, investigate and prioritize cyber risks across on-premises, cloud and operational technology environments.
At the core of Tenable’s product suite is Nessus, one of the industry’s most widely adopted vulnerability scanners.
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