Blair William & Co. IL Invests $1.23 Million in Tenable Holdings Inc (TENB) Stock

Blair William & Co. IL bought a new position in shares of Tenable Holdings Inc (NASDAQ:TENB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 31,625 shares of the company’s stock, valued at approximately $1,230,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of TENB. JPMorgan Chase & Co. purchased a new stake in Tenable during the 3rd quarter worth about $113,000. Strs Ohio purchased a new stake in Tenable during the 3rd quarter worth about $139,000. Keybank National Association OH purchased a new stake in Tenable during the 3rd quarter worth about $307,000. American International Group Inc. purchased a new stake in Tenable during the 3rd quarter worth about $325,000. Finally, Alliancebernstein L.P. purchased a new stake in Tenable during the 3rd quarter worth about $334,000. Institutional investors own 44.63% of the company’s stock.

TENB has been the topic of several recent research reports. JPMorgan Chase & Co. initiated coverage on Tenable in a report on Monday, August 20th. They set a “neutral” rating and a $36.00 price target on the stock. Deutsche Bank initiated coverage on Tenable in a report on Monday, August 20th. They set a “buy” rating on the stock. BTIG Research initiated coverage on Tenable in a report on Monday, August 20th. They set a “buy” rating and a $41.00 price target on the stock. Stifel Nicolaus initiated coverage on Tenable in a report on Monday, August 20th. They set a “buy” rating and a $43.00 price target on the stock. Finally, Morgan Stanley initiated coverage on Tenable in a report on Monday, August 20th. They set a “weight” rating and a $31.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Tenable currently has an average rating of “Buy” and an average target price of $37.67.

TENB opened at $28.27 on Friday. Tenable Holdings Inc has a one year low of $25.47 and a one year high of $39.38.

Tenable (NASDAQ:TENB) last released its quarterly earnings data on Tuesday, October 30th. The company reported ($0.16) EPS for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.03. The business had revenue of $69.40 million during the quarter, compared to analysts’ expectations of $66.28 million. The company’s quarterly revenue was up 41.6% on a year-over-year basis. As a group, equities analysts anticipate that Tenable Holdings Inc will post -0.91 EPS for the current year.

WARNING: “Blair William & Co. IL Invests $1.23 Million in Tenable Holdings Inc (TENB) Stock” was originally reported by American Banking News and is owned by of American Banking News. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2018/12/08/blair-william-co-il-invests-1-23-million-in-tenable-holdings-inc-tenb-stock.html.

About Tenable

Tenable Holdings, Inc provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its enterprise software platform enables visibility into an organization's cyber exposure across the attack surface and deep insights that help organizations translate technical data into business insights to understand and reduce their cybersecurity risk.

Featured Article: Why is the LIBOR significant?

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).

Institutional Ownership by Quarter for Tenable (NASDAQ:TENB)

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.

Leave a Reply