Tenable Holdings, Inc. (NASDAQ:TENB) Shares Acquired by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. increased its holdings in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 51.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,757 shares of the company’s stock after purchasing an additional 15,794 shares during the period. Harbor Capital Advisors Inc.’s holdings in Tenable were worth $1,895,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Champlain Investment Partners LLC lifted its position in Tenable by 59.5% during the 1st quarter. Champlain Investment Partners LLC now owns 1,591,147 shares of the company’s stock worth $78,650,000 after acquiring an additional 593,529 shares during the period. William Blair Investment Management LLC lifted its holdings in shares of Tenable by 20.2% during the first quarter. William Blair Investment Management LLC now owns 3,491,301 shares of the company’s stock worth $172,575,000 after purchasing an additional 585,559 shares during the period. Mackenzie Financial Corp grew its position in Tenable by 12.7% in the 2nd quarter. Mackenzie Financial Corp now owns 4,191,935 shares of the company’s stock valued at $182,685,000 after buying an additional 471,126 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in Tenable by 37.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 719,012 shares of the company’s stock worth $31,335,000 after buying an additional 196,810 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of Tenable in the 2nd quarter worth $7,740,000. Institutional investors and hedge funds own 89.06% of the company’s stock.

Tenable Stock Down 0.2 %

Shares of NASDAQ TENB opened at $38.71 on Tuesday. The firm’s 50-day moving average is $40.65 and its two-hundred day moving average is $42.11. The company has a market capitalization of $4.61 billion, a PE ratio of -75.90 and a beta of 0.83. Tenable Holdings, Inc. has a 12-month low of $35.25 and a 12-month high of $53.50. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.21 and a quick ratio of 1.21.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TENB. Truist Financial reiterated a “buy” rating and set a $55.00 price target (down from $60.00) on shares of Tenable in a research note on Thursday, August 1st. Baird R W raised Tenable to a “strong-buy” rating in a research note on Monday, July 15th. Piper Sandler decreased their price target on Tenable from $55.00 to $50.00 and set an “overweight” rating on the stock in a research note on Thursday, October 31st. Barclays cut their price objective on Tenable from $49.00 to $45.00 and set an “equal weight” rating for the company in a research report on Thursday, October 31st. Finally, Wells Fargo & Company decreased their target price on shares of Tenable from $60.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, August 1st. Five investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Tenable has a consensus rating of “Moderate Buy” and a consensus target price of $50.81.

Insider Activity at Tenable

In other Tenable news, COO Mark C. Thurmond sold 3,383 shares of the firm’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $41.66, for a total transaction of $140,935.78. Following the completion of the transaction, the chief operating officer now owns 34,079 shares of the company’s stock, valued at approximately $1,419,731.14. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, CFO Stephen A. Vintz sold 3,413 shares of the business’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $41.75, for a total value of $142,492.75. Following the completion of the transaction, the chief financial officer now owns 278,493 shares of the company’s stock, valued at approximately $11,627,082.75. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Mark C. Thurmond sold 3,383 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $41.66, for a total transaction of $140,935.78. Following the completion of the transaction, the chief operating officer now owns 34,079 shares in the company, valued at approximately $1,419,731.14. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,469 shares of company stock valued at $520,276. 4.30% of the stock is 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.