Tenable Holdings, Inc. (NASDAQ:TENB) Position Lessened by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC decreased its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,739 shares of the company’s stock after selling 286 shares during the period. Tempus Wealth Planning LLC’s holdings in Tenable were worth $265,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TENB. Covestor Ltd boosted its holdings in Tenable by 84.5% in the third quarter. Covestor Ltd now owns 631 shares of the company’s stock worth $26,000 after purchasing an additional 289 shares in the last quarter. Fulton Bank N.A. lifted its position in shares of Tenable by 5.7% in the third quarter. Fulton Bank N.A. now owns 8,202 shares of the company’s stock worth $332,000 after buying an additional 443 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Tenable by 0.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 52,281 shares of the company’s stock worth $2,118,000 after acquiring an additional 457 shares in the last quarter. Olympiad Research LP increased its holdings in shares of Tenable by 11.1% during the 3rd quarter. Olympiad Research LP now owns 5,287 shares of the company’s stock valued at $214,000 after acquiring an additional 528 shares during the last quarter. Finally, Larson Financial Group LLC raised its stake in shares of Tenable by 658.6% in the 3rd quarter. Larson Financial Group LLC now owns 751 shares of the company’s stock valued at $30,000 after acquiring an additional 652 shares in the last quarter. Hedge funds and other institutional investors own 89.06% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Morgan Stanley reaffirmed an “equal weight” rating and set a $47.00 target price (down previously from $50.00) on shares of Tenable in a research report on Monday, December 2nd. Robert W. Baird decreased their price objective on shares of Tenable from $53.00 to $50.00 and set an “outperform” rating for the company in a report on Friday, October 25th. Westpark Capital reiterated a “hold” rating on shares of Tenable in a report on Thursday, October 31st. Scotiabank upped their price target on shares of Tenable from $44.00 to $45.00 and gave the company a “sector perform” rating in a report on Tuesday, January 21st. Finally, Stifel Nicolaus lowered Tenable from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $46.00 to $45.00 in a research note on Friday, January 17th. Seven investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $50.25.

Insider Activity

In other news, Director Raymond Jr. Vicks sold 809 shares of the stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $38.52, for a total value of $31,162.68. Following the completion of the transaction, the director now directly owns 8,659 shares of the company’s stock, valued at approximately $333,544.68. This represents a 8.54 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Stephen A. Vintz sold 2,801 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $40.72, for a total value of $114,056.72. Following the completion of the sale, the chief financial officer now directly owns 281,536 shares in the company, valued at approximately $11,464,145.92. This represents a 0.99 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,463 shares of company stock worth $894,042. Corporate insiders own 4.30% of the company’s stock.

Tenable Trading Down 0.6 %

Shares of Tenable stock opened at $43.02 on Wednesday. Tenable Holdings, Inc. has a 52-week low of $35.25 and a 52-week high of $53.50. The firm has a market capitalization of $5.17 billion, a PE ratio of -84.35 and a beta of 0.87. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.28 and a quick ratio of 1.28. The company’s fifty day moving average price is $41.43 and its two-hundred day moving average price is $41.33.

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.