Larson Financial Group LLC Has $56,000 Stock Holdings in Tenable Holdings, Inc. (NASDAQ:TENB)

Larson Financial Group LLC increased its holdings in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 89.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,426 shares of the company’s stock after acquiring an additional 675 shares during the quarter. Larson Financial Group LLC’s holdings in Tenable were worth $56,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Covestor Ltd increased its holdings in Tenable by 84.5% in the 3rd quarter. Covestor Ltd now owns 631 shares of the company’s stock valued at $26,000 after buying an additional 289 shares during the period. Arizona State Retirement System increased its holdings in Tenable by 1.0% in the 4th quarter. Arizona State Retirement System now owns 34,560 shares of the company’s stock valued at $1,361,000 after buying an additional 332 shares during the period. Oppenheimer & Co. Inc. increased its holdings in Tenable by 3.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 15,650 shares of the company’s stock valued at $616,000 after buying an additional 450 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings 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 valued at $2,118,000 after purchasing an additional 457 shares during the last quarter. Finally, Pacer Advisors Inc. grew its holdings in shares of Tenable by 30.3% during the 4th quarter. Pacer Advisors Inc. now owns 2,823 shares of the company’s stock valued at $111,000 after purchasing an additional 657 shares during the last quarter. 89.06% of the stock is owned by institutional investors.

Tenable Stock Down 1.4 %

Tenable stock opened at $36.20 on Thursday. The company has a market capitalization of $4.35 billion, a PE ratio of -120.67 and a beta of 0.87. The firm’s fifty day moving average is $39.95 and its 200 day moving average is $40.68. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.88. Tenable Holdings, Inc. has a 12-month low of $35.25 and a 12-month high of $50.30.

Tenable (NASDAQ:TENB) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.26). Tenable had a negative net margin of 4.03% and a negative return on equity of 2.07%. As a group, sell-side analysts predict that Tenable Holdings, Inc. will post 0.12 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on TENB shares. Barclays lifted their price target on shares of Tenable from $45.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, February 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $50.00 price target on shares of Tenable in a report on Thursday, February 6th. Morgan Stanley reaffirmed an “equal weight” rating and set a $47.00 price target (down from $50.00) on shares of Tenable in a report on Monday, December 2nd. Stifel Nicolaus lowered shares of Tenable from a “buy” rating to a “hold” rating and decreased their price target for the company from $46.00 to $45.00 in a report on Friday, January 17th. Finally, Jefferies Financial Group lifted their price target on shares of Tenable from $40.00 to $45.00 and gave the company a “hold” rating in a report on Thursday, December 19th. Seven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Tenable currently has a consensus rating of “Moderate Buy” and an average price target of $49.67.

Insider Transactions at Tenable

In related news, CEO Stephen A. Vintz sold 6,681 shares of the business’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $38.16, for a total value of $254,946.96. Following the transaction, the chief executive officer now directly owns 316,523 shares of the company’s stock, valued at approximately $12,078,517.68. The trade was a 2.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction of $53,049.96. Following the completion of the transaction, the chief executive officer now directly owns 41,266 shares in the company, valued at $1,632,482.96. This trade represents a 3.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,437 shares of company stock worth $477,918 in the last quarter. 4.30% of the stock is currently owned by corporate insiders.

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.