Vanderbilt University Has $3.01 Million Stock Position in Tenable Holdings, Inc. (NASDAQ:TENB)

Vanderbilt University boosted its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) by 51.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 65,313 shares of the company's stock after buying an additional 22,187 shares during the quarter. Tenable makes up 0.8% of Vanderbilt University's holdings, making the stock its 11th biggest position. Vanderbilt University owned about 0.06% of Tenable worth $3,008,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Parkside Financial Bank & Trust purchased a new position in shares of Tenable during the 1st quarter valued at approximately $25,000. NBC Securities Inc. purchased a new position in Tenable during the third quarter valued at $27,000. Captrust Financial Advisors grew its position in shares of Tenable by 81.0% in the second quarter. Captrust Financial Advisors now owns 791 shares of the company's stock valued at $36,000 after purchasing an additional 354 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Tenable during the fourth quarter worth about $127,000. Finally, Shell Asset Management Co. acquired a new position in shares of Tenable during the 3rd quarter worth about $138,000. Institutional investors and hedge funds own 89.06% of the company's stock.

Insiders Place Their Bets

In other news, CFO Stephen A. Vintz sold 5,216 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $46.22, for a total value of $241,083.52. Following the sale, the chief financial officer now directly owns 238,593 shares in the company, valued at $11,027,768.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO Stephen A. Vintz sold 5,216 shares of the business's stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $46.22, for a total value of $241,083.52. Following the completion of the transaction, the chief financial officer now directly owns 238,593 shares of the company's stock, valued at $11,027,768.46. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Stephen A. Vintz sold 15,505 shares of the company's stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $49.56, for a total value of $768,427.80. Following the completion of the sale, the chief financial officer now owns 257,924 shares in the company, valued at $12,782,713.44. The disclosure for this sale can be found here. Over the last quarter, insiders sold 351,383 shares of company stock worth $16,650,143. Insiders own 4.50% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TENB. Wedbush lifted their price objective on Tenable from $50.00 to $65.00 and gave the stock an "outperform" rating in a report on Wednesday, February 7th. Susquehanna lifted their target price on shares of Tenable from $55.00 to $60.00 and gave the company a "positive" rating in a report on Thursday, February 8th. Stephens increased their price target on shares of Tenable from $60.00 to $62.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 7th. Truist Financial increased their price objective on Tenable from $50.00 to $60.00 and gave the company a "buy" rating in a research note on Wednesday, February 7th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $62.00 price target on shares of Tenable in a research note on Tuesday, March 19th. One research analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $56.63.

Tenable Price Performance

Shares of TENB traded down $0.11 on Wednesday, reaching $47.83. The stock had a trading volume of 570,865 shares, compared to its average volume of 1,004,187. Tenable Holdings, Inc. has a twelve month low of $33.85 and a twelve month high of $53.50. The firm has a market capitalization of $5.65 billion, a PE ratio of -70.34 and a beta of 0.94. The firm has a 50-day moving average of $48.18 and a 200 day moving average of $44.93. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.04.

Tenable (NASDAQ:TENB - Get Free Report) last announced its quarterly earnings results on Tuesday, February 6th. The company reported ($0.06) earnings per share for the quarter, beating analysts' consensus estimates of ($0.12) by $0.06. The business had revenue of $213.31 million during the quarter, compared to analysts' expectations of $206.95 million. Tenable had a negative return on equity of 15.19% and a negative net margin of 9.80%. Sell-side analysts expect that Tenable Holdings, Inc. will post -0.12 EPS for the current year.

Tenable 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.