Tenable Holdings Inc (NASDAQ: TENB) is -7.52% 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 $36.78 in the last trading session, with the day’s loss setting it -0.36%.
Currently trading at $36.42, the stock is -1.19% and -7.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing -0.98% at the moment leaves the stock -10.95% off its SMA200. TENB registered -24.74% loss for a year compared to 6-month loss of -9.15%. The firm has a 50-day simple moving average (SMA 50) of $39.4376 and a 200-day simple moving average (SMA200) of $40.92075.
The stock witnessed a -5.92% gain in the last 1 month and extending the period to 3 months gives it a -11.28%, and is -2.04% 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 2.46% over the week and 3.01% over the month.
Tenable Holdings Inc (TENB) has around 1872 employees, a market worth around $4.38B and $900.02M in sales. Fwd P/E is 20.92. Profit margin for the company is -4.03%. Distance from 52-week low is 3.32% and -27.59% 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 15.55% this year
434.0 institutions hold shares in Tenable Holdings Inc (TENB), with institutional investors hold 94.31% of the company’s shares. The shares outstanding are 119.70M, and float is at 118.06M with Short Float at 3.20%. Institutions hold 92.57% 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 12.5594 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 8.9501 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 Zecher Linda Kay, the company’s Director. SEC filings show that Zecher Linda Kay sold 2,500 shares of the company’s common stock on Mar 11 ’25 at a price of $37.00 per share for a total of $92500.0. Following the sale, the insider now owns 353.0 shares.
Tenable Holdings Inc disclosed in a document filed with the SEC on Feb 28 ’25 that Anschutz Barron (Principal Accounting Officer) sold a total of 4,405 shares of the company’s common stock. The trade occurred on Feb 28 ’25 and was made at $37.59 per share for $0.17 million. Following the transaction, the insider now directly holds 53614.0 shares of the TENB stock.
Still, SEC filings show that on Feb 27 ’25, Vintz Stephen A (Co-CEO,Chief Financial Officer) disposed off 6,681 shares at an average price of $38.16 for $0.25 million. The insider now directly holds 316,523 shares of Tenable Holdings Inc (TENB).
