Tenable Holdings Inc (NASDAQ: TENB) is 8.15% higher on its value in year-to-date trading and has touched a low of $35.25 and a high of $53.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TENB stock was last observed hovering at around $40.52 in the last trading session, with the day’s gains setting it 2.07%.
Currently trading at $42.59, the stock is 6.48% and 3.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.62 million and changing 5.11% at the moment leaves the stock 0.84% off its SMA200. TENB registered -8.92% loss for a year compared to 6-month loss of -5.77%. The firm has a 50-day simple moving average (SMA 50) of $41.0588 and a 200-day simple moving average (SMA200) of $42.27015.
The stock witnessed a 2.38% gain in the last 1 month and extending the period to 3 months gives it a 0.07%, and is 9.51% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.98% over the week and 2.89% over the month.
Tenable Holdings Inc (TENB) has around 1999 employees, a market worth around $5.12B and $877.60M in sales. Fwd P/E is 29.91. Profit margin for the company is -6.82%. Distance from 52-week low is 20.82% and -20.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.43%).
with sales reaching $231.81M over the same period.The EPS is expected to grow by 51.90% this year, but quarterly earnings will post 12.19% year-over-year. Quarterly sales are estimated to grow 8.67% in year-over-year returns.
426.0 institutions hold shares in Tenable Holdings Inc (TENB), with institutional investors hold 94.68% of the company’s shares. The shares outstanding are 121.34M, and float is at 118.04M with Short Float at 3.11%. Institutions hold 93.02% of the Float.
The top institutional shareholder in the company is FMR LLC with over 14.91 million shares valued at $649.59 million. The investor’s holdings represent 12.6811 of the TENB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.04 million shares valued at $568.2 million to account for 11.0922 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.62 million shares representing 9.0368 and valued at over $462.91 million, while MACKENZIE FINANCIAL CORP holds 3.5663 of the shares totaling 4.19 million with a market value of $182.68 million.
Tenable Holdings Inc (TENB) Insider Activity
The most recent transaction is an insider sale by Vicks Raymond Jr., the company’s Director. SEC filings show that Vicks Raymond Jr. sold 809 shares of the company’s common stock on Jan 08 ’25 at a price of $38.52 per share for a total of $31163.0. Following the sale, the insider now owns 8659.0 shares.
Still, SEC filings show that on Nov 27 ’24, Thurmond Mark C. (Chief Operating Officer) disposed off 939 shares at an average price of $42.95 for $40330.0. The insider now directly holds 38,046 shares of Tenable Holdings Inc (TENB).
