Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Tenable Holdings Inc shares valued at $53,050 were sold by Thurmond Mark C. on Feb 19 ’25. At $39.56 per share, Thurmond Mark C. sold 1,341 shares. The insider’s holdings dropped to 41,266 shares worth approximately $1.59 million following the completion of this transaction.
Also, Vintz Stephen A sold 1,922 shares, netting a total of over 76,034 in proceeds. Following the sale of shares at $39.56 each, the insider now holds 292,701 shares.
Before that, Thurmond Mark C. had added 1,341 shares to its account. In a trade valued at $53,052, the Officer bought Tenable Holdings Inc shares for $39.56 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 drop of approximately -2.70%. Over the course of the year, Tenable Holdings Inc shares have dropped approximately -2.16%. 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 $41.10, while a 200-day SMA reached $41.66. Nevertheless, trading volume fell to 0.92 million shares from 0.76 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 38.00, which, if violated, would cause prices to drop to 37.46. In the upper region, resistance lies at 39.40. The next price resistance is at 40.27. RSI (Relative Strength Index) is 37.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.39, which suggests the price will decrease in the coming days. Percent R is at 96.35%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
