The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Tenable Holdings Inc shares valued at $334,340 were purchased by Yoran Amit on Jan 23 ’25. At $42.46 per share, Yoran Amit acquired 7,874 shares.
Also, Vicks Raymond Jr. sold 809 shares, netting a total of over 31,163 in proceeds. Following the sale of shares at $38.52 each, the insider now holds 8,659 shares.
Before that, Vicks Raymond Jr. had added 809 shares to its account. In a trade valued at $31,163, the Director bought Tenable Holdings Inc shares for $38.52 each.
As published in a research note from Stifel on January 17, 2025, Tenable Holdings Inc [TENB] has been rated down from a Buy to a Hold and the price target has been revised to $45 from $46. Analysts at Morgan Stanley downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in early December. As of October 16, 2024, Jefferies has initiated its “Hold” rating for TENB. Earlier on August 01, 2024, DA Davidson downgraded its rating. Their new recommendation was “a Neutral” for TENB stock which previously was a “a Buy”.
Analyzing TENB Stock Performance
During the last five days, there has been a surge of approximately 2.89%. Over the course of the year, Tenable Holdings Inc shares have jumped approximately 10.41%. Shares of the company reached a 52-week high of $45.44 on 01/27/25 and a 52-week low of $37.78 on 01/13/25. A 50-day SMA is recorded $41.43, while a 200-day SMA reached $42.02. Nevertheless, trading volume fell to 1.04 million shares from 1.11 million shares the previous day.
Support And Resistance Levels for Tenable Holdings Inc (TENB)
According to the 24-hour chart, there is a support level at 42.88, which, if violated, would cause prices to drop to 42.28. In the upper region, resistance lies at 44.54. The next price resistance is at 45.60. RSI (Relative Strength Index) is 59.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.50, which suggests the price will increase in the coming days. Percent R is at 25.63%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
