Harbor Capital Advisors Inc. Has $9.07 Million Stock Holdings in Tenable Holdings, Inc. (NASDAQ:TENB)

Harbor Capital Advisors Inc. increased its position in Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) by 4.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 259,293 shares of the company's stock after acquiring an additional 11,176 shares during the period. Harbor Capital Advisors Inc. owned approximately 0.22% of Tenable worth $9,070,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of TENB. FMR LLC grew its position in Tenable by 2.0% in the 4th quarter. FMR LLC now owns 15,515,164 shares of the company's stock worth $610,987,000 after purchasing an additional 304,237 shares during the last quarter. Vanguard Group Inc. grew its holdings in Tenable by 5.3% in the 4th quarter. Vanguard Group Inc. now owns 13,947,023 shares of the company's stock worth $549,234,000 after buying an additional 708,249 shares in the last quarter. Geode Capital Management LLC increased its position in Tenable by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 2,803,231 shares of the company's stock valued at $110,416,000 after acquiring an additional 8,746 shares during the period. First Trust Advisors LP raised its stake in Tenable by 6.2% during the 4th quarter. First Trust Advisors LP now owns 2,332,650 shares of the company's stock valued at $91,860,000 after acquiring an additional 137,150 shares in the last quarter. Finally, ArrowMark Colorado Holdings LLC raised its stake in Tenable by 5.4% during the 4th quarter. ArrowMark Colorado Holdings LLC now owns 1,641,158 shares of the company's stock valued at $64,629,000 after acquiring an additional 84,669 shares in the last quarter. Institutional investors and hedge funds own 89.06% of the company's stock.

Analysts Set New Price Targets

TENB has been the topic of a number of recent analyst reports. Morgan Stanley cut their price objective on shares of Tenable from $40.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Scotiabank decreased their price objective on shares of Tenable from $45.00 to $30.00 and set a "sector perform" rating for the company in a report on Wednesday, April 30th. Barclays dropped their target price on Tenable from $40.00 to $33.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 30th. UBS Group decreased their price target on Tenable from $47.00 to $40.00 and set a "buy" rating for the company in a research note on Wednesday, April 30th. Finally, DA Davidson lowered their price target on Tenable from $45.00 to $28.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 30th. Eight equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $40.44.

Insider Transactions at Tenable

In other Tenable news, CEO Mark C. Thurmond sold 2,483 shares of the company's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $32.45, for a total value of $80,573.35. Following the transaction, the chief executive officer now directly owns 72,727 shares of the company's stock, valued at $2,359,991.15. This represents a 3.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Stephen A. Vintz sold 6,499 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $31.98, for a total value of $207,838.02. Following the completion of the sale, the chief executive officer now directly owns 331,394 shares of the company's stock, valued at approximately $10,597,980.12. The trade was a 1.92% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 19,845 shares of company stock valued at $637,709. 1.50% of the stock is owned by insiders.

Tenable Stock Up 0.1%

NASDAQ:TENB traded up $0.04 during trading hours on Friday, hitting $31.86. 1,496,919 shares of the company's stock traded hands, compared to its average volume of 1,101,893. Tenable Holdings, Inc. has a twelve month low of $28.75 and a twelve month high of $49.18. The firm has a market cap of $3.89 billion, a P/E ratio of -106.20 and a beta of 0.79. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.28 and a current ratio of 1.28. The stock's fifty day moving average price is $32.24 and its two-hundred day moving average price is $36.96.

Tenable (NASDAQ:TENB - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.08. Tenable had a negative return on equity of 2.07% and a negative net margin of 4.03%. The company had revenue of $239.14 million for the quarter, compared to the consensus estimate of $234.12 million. During the same quarter in the prior year, the company earned $0.25 EPS. The firm's quarterly revenue was up 10.7% on a year-over-year basis. On average, research analysts expect that Tenable Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

About Tenable

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 Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization's IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities.