Linda Kay Zecher Sells 690 Shares of Tenable (NASDAQ:TENB) Stock

Tenable Holdings, Inc. (NASDAQ:TENB) Director Linda Kay Zecher sold 690 shares of Tenable stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $35.76, for a total transaction of $24,674.40. Following the transaction, the director owned 7,012 shares of the company’s stock, valued at approximately $250,749.12. The trade was a 8.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Linda Kay Zecher also recently made the following trade(s):

• On Tuesday, August 18th, Linda Kay Zecher sold 700 shares of Tenable stock. The shares were sold at an average price of $35.46, for a total transaction of $24,822.00.

Tenable Stock Up 0.8%

TENB stock opened at $34.38 on Friday. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.79 and a quick ratio of 0.79. The company’s 50 day simple moving average is $34.76 and its 200-day simple moving average is $26.07. Tenable Holdings, Inc. has a 12 month low of $15.73 and a 12 month high of $43.67. The firm has a market capitalization of $3.79 billion, a PE ratio of 687.74 and a beta of 0.94.

Tenable (NASDAQ:TENB) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.04. Tenable had a return on equity of 14.90% and a net margin of 0.65%.The firm had revenue of $268.51 million during the quarter, compared to the consensus estimate of $264.87 million. During the same period in the previous year, the firm posted $0.34 EPS. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS. Equities analysts expect that Tenable Holdings, Inc. will post 0.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TENB has been the subject of a number of analyst reports. Wells Fargo & Company cut their price target on Tenable from $43.00 to $35.00 and set an “equal weight” rating for the company in a report on Thursday, July 30th. DA Davidson increased their price objective on Tenable from $22.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Stifel Nicolaus lifted their price objective on Tenable from $26.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Robert W. Baird set a $34.00 price objective on Tenable in a research report on Thursday, April 30th. Finally, Stephens boosted their target price on shares of Tenable from $24.00 to $29.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $34.68.

Institutional Investors Weigh In On Tenable

Several hedge funds have recently made changes to their positions in the business. Quarry LP purchased a new stake in shares of Tenable in the third quarter valued at $25,000. Kemnay Advisory Services Inc. purchased a new position in Tenable during the fourth quarter worth about $28,000. Quadrant Capital Group LLC purchased a new position in Tenable during the fourth quarter worth about $38,000. Horizon Investments LLC acquired a new stake in Tenable in the 3rd quarter worth about $45,000. Finally, Los Angeles Capital Management LLC acquired a new stake in Tenable in the 4th quarter worth about $48,000. Institutional investors and hedge funds own 89.06% of the company’s stock.

Tenable Company Profile

Tenable Holdings, Inc is a global cybersecurity company specializing in vulnerability management and continuous threat exposure assessment. Headquartered in Columbia, Maryland, Tenable was founded in 2002 by Ron Gula and Jack Huffard to address the growing need for proactive network security solutions. Over the years, the company has evolved from a pioneer in open-source vulnerability scanning to a leading provider of comprehensive security platforms that help organizations identify, investigate and prioritize cyber risks across on-premises, cloud and operational technology environments.

At the core of Tenable’s product suite is Nessus, one of the industry’s most widely adopted vulnerability scanners.