Tenable Holdings Inc’s recently made public that its Chief Financial Officer Vintz Stephen A unloaded Company’s shares for reported $0.77 million on Mar 28 ’24. In the deal valued at $49.56 per share,15,505 shares were sold. As a result of this transaction, Vintz Stephen A now holds 257,924 shares worth roughly $12.51 million.
Then, Vintz Stephen A sold 11,586 shares, generating $568,988 in total proceeds. Upon selling the shares at $49.11, the Chief Financial Officer now owns 257,924 shares.
Before that, Vintz Stephen A sold 78,409 shares. Tenable Holdings Inc shares valued at $3,847,530 were divested by the Chief Financial Officer at a price of $49.07 per share. As a result of the transaction, Vintz Stephen A now holds 257,924 shares, worth roughly $12.51 million.
Needham reiterated its Tenable Holdings Inc [TENB] rating to a Buy in a research note published on February 07, 2024; the price target was $62. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early January from “an Equal-weight” to “an Overweight”. Susquehanna began covering TENB with “Positive” recommendation on December 15, 2023. Barclays revised its rating on October 09, 2023. It rated TENB as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of TENB
On Friday, Tenable Holdings Inc [NASDAQ:TENB] saw its stock fall -2.82% to $48.51. Over the last five days, the stock has gained 0.41%. Tenable Holdings Inc shares have risen nearly 5.32% since the year began. Nevertheless, the stocks have risen 7.37% over the past one year. While a 52-week high of $53.50 was reached on 02/07/24, a 52-week low of $33.85 was recorded on 01/05/24. SMA at 50 days reached $48.23, while 200 days put it at $44.96. A total of 1.15 million shares were traded, compared to the trading of 0.62 million shares in the previous session.
Levels Of Support And Resistance For TENB Stock
The 24-hour chart illustrates a support level at 47.99, which if violated will result in even more drops to 47.47. On the upside, there is a resistance level at 49.37. A further resistance level may holdings at 50.23. The Relative Strength Index (RSI) on the 14-day chart is 51.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.41%. Stochastics %K at 62.72% indicates the stock is a holding.
The most recent change occurred on September 18, 2023 when TD Cowen began covering the stock and recommended ‘”an Outperform”‘ rating along with a $55 price target.
