RGM Capital LLC increased its holdings in Tenable Holdings, Inc. (NASDAQ:TENB – Free Report) by 4.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,539,236 shares of the company’s stock after acquiring an additional 153,127 shares during the period. Tenable comprises 6.2% of RGM Capital LLC’s investment portfolio, making the stock its 6th biggest holding. RGM Capital LLC owned 2.98% of Tenable worth $154,240,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Tenable by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 12,543,352 shares of the company’s stock valued at $620,018,000 after acquiring an additional 32,535 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Tenable by 18.0% during the fourth quarter. First Trust Advisors LP now owns 4,452,555 shares of the company’s stock valued at $205,085,000 after purchasing an additional 680,477 shares in the last quarter. William Blair Investment Management LLC boosted its holdings in Tenable by 20.2% during the first quarter. William Blair Investment Management LLC now owns 3,491,301 shares of the company’s stock worth $172,575,000 after purchasing an additional 585,559 shares during the last quarter. Champlain Investment Partners LLC grew its position in Tenable by 59.5% in the 1st quarter. Champlain Investment Partners LLC now owns 1,591,147 shares of the company’s stock worth $78,650,000 after purchasing an additional 593,529 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in Tenable by 6.6% in the 2nd quarter. American Century Companies Inc. now owns 1,372,854 shares of the company’s stock valued at $59,829,000 after buying an additional 84,616 shares during the last quarter. Institutional investors own 89.06% of the company’s stock.
Insider Buying and Selling
In related news, COO Mark C. Thurmond sold 3,383 shares of the business’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $41.66, for a total transaction of $140,935.78. Following the completion of the transaction, the chief operating officer now directly owns 34,079 shares in the company, valued at $1,419,731.14. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, COO Mark C. Thurmond sold 3,383 shares of Tenable stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $41.66, for a total transaction of $140,935.78. Following the completion of the sale, the chief operating officer now owns 34,079 shares in the company, valued at approximately $1,419,731.14. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Stephen A. Vintz sold 3,413 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $41.75, for a total transaction of $142,492.75. Following the completion of the transaction, the chief financial officer now directly owns 278,493 shares of the company’s stock, valued at approximately $11,627,082.75. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 52,469 shares of company stock worth $2,429,076. Corporate insiders own 4.30% of the company’s stock.
Analyst Ratings Changes
View Our Latest Report on TENB
Tenable Trading Up 0.2 %
Shares of Tenable stock opened at $40.37 on Friday. The company’s 50-day moving average price is $41.69 and its 200-day moving average price is $43.58. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.98. Tenable Holdings, Inc. has a 12-month low of $33.85 and a 12-month high of $53.50. The company has a market cap of $4.80 billion, a price-to-earnings ratio of -69.60 and a beta of 0.83.
Tenable (NASDAQ:TENB – Get Free Report) last posted its earnings results on Wednesday, July 31st. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.03. Tenable had a negative net margin of 7.77% and a negative return on equity of 7.63%. The business had revenue of $221.24 million for the quarter, compared to analysts’ expectations of $218.41 million. On average, equities analysts expect that Tenable Holdings, Inc. will post -0.06 earnings per share for the current fiscal year.
Tenable Profile
Tenable Holdings, Inc provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization’s IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities.
Read More
- Five stocks we like better than Tenable
- Conference Calls and Individual Investors
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- With Risk Tolerance, One Size Does Not Fit All
- MarketBeat Week in Review – 9/16 – 9/20
- Investing in the High PE Growth Stocks
- Don’t Miss These 3 Retail Stocks for Fall Gains
Want to see what other hedge funds are holding TENB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tenable Holdings, Inc. (NASDAQ:TENB – Free Report).
Receive News & Ratings for Tenable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tenable and related companies with MarketBeat.com's FREE daily email newsletter.