30,488 Shares in Tenable Holdings, Inc. (NASDAQ:TENB) Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. bought a new stake in Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 30,488 shares of the company's stock, valued at approximately $1,404,000.

A number of other hedge funds have also made changes to their positions in TENB. DekaBank Deutsche Girozentrale increased its stake in Tenable by 60.0% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 32,000 shares of the company's stock worth $1,419,000 after buying an additional 12,000 shares during the period. American Century Companies Inc. boosted its holdings in shares of Tenable by 15.9% in the 3rd quarter. American Century Companies Inc. now owns 1,791,909 shares of the company's stock valued at $80,278,000 after buying an additional 245,243 shares during the period. Loomis Sayles & Co. L P boosted its holdings in shares of Tenable by 5.7% in the 3rd quarter. Loomis Sayles & Co. L P now owns 972,017 shares of the company's stock valued at $43,546,000 after buying an additional 52,021 shares during the period. Deutsche Bank AG boosted its holdings in shares of Tenable by 6.0% in the 3rd quarter. Deutsche Bank AG now owns 475,078 shares of the company's stock valued at $21,283,000 after buying an additional 26,976 shares during the period. Finally, Comerica Bank acquired a new position in Tenable during the 3rd quarter valued at about $12,559,000. Hedge funds and other institutional investors own 89.06% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on TENB shares. Truist Financial boosted their price target on shares of Tenable from $50.00 to $60.00 and gave the stock a "buy" rating in a research report on Wednesday, February 7th. Susquehanna boosted their price target on shares of Tenable from $55.00 to $60.00 and gave the company a "positive" rating in a report on Thursday, February 8th. Wedbush boosted their price target on shares of Tenable from $50.00 to $65.00 and gave the company an "outperform" rating in a report on Wednesday, February 7th. Stephens boosted their price target on shares of Tenable from $60.00 to $62.00 and gave the company an "overweight" rating in a report on Wednesday, February 7th. Finally, Wells Fargo & Company boosted their price target on shares of Tenable from $55.00 to $60.00 and gave the company an "overweight" rating in a report on Wednesday, February 7th. One investment analyst has rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $56.63.

Insiders Place Their Bets

In related news, 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 transaction of $768,427.80. Following the completion of the sale, the chief financial officer now directly owns 257,924 shares of the company's stock, valued at approximately $12,782,713.44. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, 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 transaction of $768,427.80. Following the completion of the sale, the chief financial officer now directly owns 257,924 shares of the company's stock, valued at approximately $12,782,713.44. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Stephen A. Vintz sold 5,216 shares of the company's stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $46.22, for a total transaction of $241,083.52. Following the sale, the chief financial officer now directly owns 238,593 shares of the company's stock, valued at $11,027,768.46. The disclosure for this sale can be found here. Insiders sold 351,383 shares of company stock valued at $16,650,143 over the last ninety days. Corporate insiders own 4.50% of the company's stock.

Tenable Stock Up 1.7 %

TENB stock traded up $0.80 during trading hours on Friday, hitting $48.31. The company's stock had a trading volume of 560,958 shares, compared to its average volume of 836,278. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $5.71 billion, a PE ratio of -71.04 and a beta of 0.94. Tenable Holdings, Inc. has a 12 month low of $33.85 and a 12 month high of $53.50. The stock has a 50 day moving average price of $48.21 and a two-hundred day moving average price of $44.95.

Tenable (NASDAQ:TENB - Get Free Report) last posted its earnings results on Tuesday, February 6th. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.12) by $0.06. The company had revenue of $213.31 million during the quarter, compared to the consensus estimate of $206.95 million. Tenable had a negative net margin of 9.80% and a negative return on equity of 15.19%. On average, equities research analysts expect that Tenable Holdings, Inc. will post -0.12 earnings per share 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.