Tenable Holdings Inc (NASDAQ: TENB) is -3.35% lower on its value in year-to-date trading and has touched a low of $35.25 and a high of $50.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TENB stock was last observed hovering at around $38.71 in the last trading session, with the day’s loss setting it -0.65%.
Currently trading at $38.06, the stock is -6.05% and -6.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing -1.68% at the moment leaves the stock -8.35% off its SMA200. TENB registered -20.01% loss for a year compared to 6-month gain of -7.96%.
The stock witnessed a -13.87% loss in the last 1 month and extending the period to 3 months gives it a -9.06%, and is -4.40% down 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 3.41% over the week and 3.09% over the month.
Tenable Holdings Inc (TENB) has around 1872 employees, a market worth around $4.58B and $900.02M in sales. Fwd P/E is 21.67. Profit margin for the company is -4.03%. Distance from 52-week low is 7.97% and -24.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.47%).
The EPS is expected to grow by 16.74% this year
The shares outstanding are 119.70M, and float is at 118.16M with Short Float at 3.10%.
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 $$462.91 million, while MACKENZIE FINANCIAL CORP holds 3.5321 of the shares totaling 4.19 million with a market value of $$182.68 million.
Tenable Holdings Inc (TENB) Insider Activity
The most recent transaction is an insider sale by Thurmond Mark C., the company’s Co-CEO,Chief Operating Officer. SEC filings show that Thurmond Mark C. sold 3,606 shares of the company’s common stock on Feb 25 ’25 at a price of $38.48 per share for a total of $0.14 million. Following the sale, the insider now owns 74295.0 shares.
Tenable Holdings Inc disclosed in a document filed with the SEC on Feb 25 ’25 that Vintz Stephen A (Co-CEO,Chief Financial Officer) sold a total of 4,551 shares of the company’s common stock. The trade occurred on Feb 25 ’25 and was made at $38.48 per share for $0.18 million. Following the transaction, the insider now directly holds 0.33 million shares of the TENB stock.
Still, SEC filings show that on Feb 26 ’25, Vintz Stephen A (Officer) Proposed Sale 6,284 shares at an average price of $38.19 for $0.24 million. The insider now directly holds shares of Tenable Holdings Inc (TENB).
