Tenable Holdings, Inc. (NASDAQ:TENB) Shares Acquired by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) by 20.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 969,466 shares of the company's stock after purchasing an additional 161,837 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.81% of Tenable worth $38,177,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of TENB. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Tenable by 858.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 642 shares of the company's stock valued at $25,000 after acquiring an additional 575 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of Tenable in the 4th quarter worth $35,000. SBI Securities Co. Ltd. purchased a new position in shares of Tenable in the 4th quarter worth $38,000. Johnson Financial Group Inc. purchased a new position in Tenable in the 4th quarter worth approximately $53,000. Finally, Larson Financial Group LLC lifted its position in shares of Tenable by 89.9% in the fourth quarter. Larson Financial Group LLC now owns 1,426 shares of the company's stock worth $56,000 after buying an additional 675 shares in the last quarter. Institutional investors and hedge funds own 89.06% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TENB. Truist Financial reduced their target price on Tenable from $48.00 to $45.00 and set a "buy" rating for the company in a research note on Monday, March 31st. Wells Fargo & Company reduced their price target on Tenable from $50.00 to $40.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 30th. Needham & Company LLC lowered their price target on Tenable from $50.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. Stifel Nicolaus reduced their price target on shares of Tenable from $45.00 to $30.00 and set a "hold" rating for the company in a research report on Wednesday, April 30th. Finally, JPMorgan Chase & Co. lowered their price target on Tenable from $53.00 to $43.00 and set an "overweight" rating for the company in a research report on Monday, April 28th. Eight research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $40.44.

Insider Transactions at Tenable

In related news, CEO Mark C. Thurmond sold 1,341 shares of the business's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $39.56, for a total value of $53,049.96. Following the transaction, the chief executive officer now owns 41,266 shares in the company, valued at approximately $1,632,482.96. The trade was a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Linda Kay Zecher sold 2,500 shares of Tenable stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $37.00, for a total value of $92,500.00. Following the completion of the transaction, the director now owns 353 shares of the company's stock, valued at $13,061. This trade represents a 87.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 14,128 shares of company stock valued at $539,256 in the last quarter. 1.50% of the stock is currently owned by corporate insiders.

Tenable Stock Performance

Shares of Tenable stock traded up $0.02 during trading on Monday, hitting $32.92. 147,392 shares of the company's stock were exchanged, compared to its average volume of 1,047,507. The business has a 50-day simple moving average of $33.44 and a 200-day simple moving average of $38.16. Tenable Holdings, Inc. has a 52-week low of $28.75 and a 52-week high of $49.18. The stock has a market capitalization of $4.02 billion, a price-to-earnings ratio of -109.90 and a beta of 0.83. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.28 and a current ratio of 1.28.

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

Tenable Company Profile

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.