Blair William & Co. IL Invests $1.23 Million in Tenable Holdings Inc (TENB) Stock

Blair William & Co. IL acquired a new position in shares of Tenable Holdings Inc (NASDAQ:TENB) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 31,625 shares of the company’s stock, valued at approximately $1,230,000.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. acquired a new stake in Tenable during the 3rd quarter worth approximately $113,000. Strs Ohio acquired a new stake in Tenable during the 3rd quarter worth approximately $139,000. Keybank National Association OH acquired a new stake in Tenable during the 3rd quarter worth approximately $307,000. American International Group Inc. acquired a new stake in Tenable during the 3rd quarter worth approximately $325,000. Finally, Alliancebernstein L.P. acquired a new stake in Tenable during the 3rd quarter worth approximately $334,000. 44.63% of the stock is owned by institutional investors.

TENB opened at $28.27 on Friday. Tenable Holdings Inc has a 12 month low of $25.47 and a 12 month high of $39.38.

Tenable (NASDAQ:TENB) last posted its quarterly earnings results on Tuesday, October 30th. The company reported ($0.16) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.03. The business had revenue of $69.40 million during the quarter, compared to analyst estimates of $66.28 million. Tenable’s quarterly revenue was up 41.6% on a year-over-year basis. On average, analysts anticipate that Tenable Holdings Inc will post -0.91 EPS for the current fiscal year.

A number of analysts have weighed in on TENB shares. BTIG Research started coverage on Tenable in a research report on Monday, August 20th. They set a “buy” rating and a $41.00 price objective for the company. Deutsche Bank started coverage on Tenable in a research report on Monday, August 20th. They set a “buy” rating for the company. Morgan Stanley started coverage on Tenable in a research report on Monday, August 20th. They set a “weight” rating and a $31.00 price objective for the company. William Blair started coverage on Tenable in a research report on Monday, August 20th. They set an “outperform” rating for the company. Finally, JPMorgan Chase & Co. started coverage on Tenable in a research report on Monday, August 20th. They set a “neutral” rating and a $36.00 price objective for the company. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Tenable currently has an average rating of “Buy” and a consensus target price of $37.67.

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Tenable Company Profile

Tenable Holdings, Inc provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its enterprise software platform enables visibility into an organization's cyber exposure across the attack surface and deep insights that help organizations translate technical data into business insights to understand and reduce their cybersecurity risk.

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Institutional Ownership by Quarter for Tenable (NASDAQ:TENB)

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