Tenable Holdings Inc’s recent filing unveils that its Former Officer & Director Yoran Amit acquired Company’s shares for reported $0.33 million on Jan 23 ’25. In the deal valued at $42.46 per share,7,874 shares were bought.
Then, Vicks Raymond Jr. sold 809 shares, generating $31,163 in total proceeds. Upon selling the shares at $38.52, the Director now owns 8,659 shares.
Before that, Vicks Raymond Jr. bought 809 shares. Tenable Holdings Inc shares valued at $31,163 were divested by the Director at a price of $38.52 per share.
Stifel downgraded its Tenable Holdings Inc [TENB] rating to a Hold from a a Buy in a research note published on January 17, 2025; the price target was decreased to $45 from $46. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early December from “an Overweight” to “an Equal-weight”. Jefferies began covering TENB with “Hold” recommendation on October 16, 2024. DA Davidson revised its rating on August 01, 2024. It rated TENB as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TENB
On Friday, Tenable Holdings Inc [NASDAQ:TENB] saw its stock fall -1.07% to $43.39. Over the last five days, the stock has gained 1.88%. Tenable Holdings Inc shares have risen nearly 10.18% since the year began. Nevertheless, the stocks have fallen -8.86% over the past one year. While a 52-week high of $53.50 was reached on 01/24/25, a 52-week low of $35.25 was recorded on 01/13/25. SMA at 50 days reached $41.29, while 200 days put it at $42.09.
Levels Of Support And Resistance For TENB Stock
The 24-hour chart illustrates a support level at 42.89, which if violated will result in even more drops to 42.38. On the upside, there is a resistance level at 44.25. A further resistance level may holdings at 45.10. The Relative Strength Index (RSI) on the 14-day chart is 61.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.61, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.74%. Stochastics %K at 87.51% indicates the stock is a selling.
How much short interest is there in Tenable Holdings Inc?
A steep rise in short interest was recorded in Tenable Holdings Inc stocks on 2024-12-31, dropping by -0.16 million shares to a total of 3.67 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.84 million shares. There was a decline of -4.43%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 15, 2024 when Robert W. Baird began covering the stock and recommended ‘”an Outperform”‘ rating along with a $55 price target.
