Tenable Holdings Inc’s recent filing unveils 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 $11.5 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 $11.5 million.
Scotiabank initiated its Tenable Holdings Inc [TENB] rating to a Sector perform in a research note published on April 26, 2024; the price target was $47. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in early February has reiterated a ‘”a Buy”‘ rating for it. Morgan Stanley also remained covering TENB and has increased its forecast on January 09, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Susquehanna started covering the stock on December 15, 2023. It rated TENB as “a Positive”.
Price Performance Review of TENB
On Friday, Tenable Holdings Inc [NASDAQ:TENB] saw its stock fall -1.35% to $44.60. Over the last five days, the stock has lost -3.02%. Tenable Holdings Inc shares have fallen nearly -3.17% since the year began. Nevertheless, the stocks have risen 28.75% 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 $47.02, while 200 days put it at $45.15. A total of 0.95 million shares were traded, compared to the trading of 1.71 million shares in the previous session.
Levels Of Support And Resistance For TENB Stock
The 24-hour chart illustrates a support level at 43.58, which if violated will result in even more drops to 42.56. On the upside, there is a resistance level at 45.64. A further resistance level may holdings at 46.68. The Relative Strength Index (RSI) on the 14-day chart is 39.79, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.28%. Stochastics %K at 34.74% indicates the stock is a holding.
