Tenable Holdings, Inc. (NASDAQ:TENB) has been assigned an average recommendation of “Buy” from the sixteen brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $63.15.
Several brokerages recently commented on TENB. Barclays increased their price target on Tenable from $59.00 to $62.00 and gave the company an “overweight” rating in a research report on Thursday, December 16th. Needham & Company LLC raised their price objective on Tenable from $58.00 to $62.00 and gave the company a “buy” rating in a research report on Wednesday, October 27th. Wells Fargo & Company raised their price objective on Tenable from $60.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, October 27th. TheStreet raised Tenable from a “d” rating to a “c-” rating in a research report on Tuesday, October 26th. Finally, Piper Sandler raised their price objective on Tenable from $60.00 to $65.00 and gave the company an “overweight” rating in a research report on Wednesday, October 27th.
In related news, General Counsel Stephen A. Riddick sold 1,920 shares of the firm’s stock in a transaction on Monday, November 22nd. The stock was sold at an average price of $54.09, for a total transaction of $103,852.80. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Amit Yoran sold 37,500 shares of the firm’s stock in a transaction on Thursday, October 14th. The shares were sold at an average price of $51.35, for a total value of $1,925,625.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 87,822 shares of company stock worth $4,396,667. Corporate insiders own 8.40% of the company’s stock.
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