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Potential Price Increase for Tenable Holdings Inc (TENB) After Recent Insider Activity

Tenable Holdings Inc’s recently made public that its Principal Accounting Officer Anschutz Barron unloaded Company’s shares for reported $0.17 million on Feb 28 ’25. In the deal valued at $37.59 per share,4,405 shares were sold. As a result of this transaction, Anschutz Barron now holds 53,614 shares worth roughly $1.94 million.

Then, Vintz Stephen A sold 6,681 shares, generating $254,947 in total proceeds. Upon selling the shares at $38.16, the Co-CEO,Chief Financial Officer now owns 316,523 shares.

Before that, Vintz Stephen A sold 6,284 shares. Tenable Holdings Inc shares valued at $239,986 were divested by the Co-CEO,Chief Financial Officer at a price of $38.19 per share. As a result of the transaction, Vintz Stephen A now holds 323,204 shares, worth roughly $11.69 million.

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 Monday, Tenable Holdings Inc [NASDAQ:TENB] saw its stock fall -0.88% to $36.18. Over the last five days, the stock has lost -3.90%. Tenable Holdings Inc shares have fallen nearly -8.13% since the year began. Nevertheless, the stocks have fallen -20.62% over the past one year. While a 52-week high of $50.30 was reached on 01/27/25, a 52-week low of $35.25 was recorded on 03/10/25. SMA at 50 days reached $40.12, while 200 days put it at $41.25.

Levels Of Support And Resistance For TENB Stock

The 24-hour chart illustrates a support level at 35.52, which if violated will result in even more drops to 34.85. On the upside, there is a resistance level at 36.76. A further resistance level may holdings at 37.33. The Relative Strength Index (RSI) on the 14-day chart is 31.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.55%. Stochastics %K at 12.87% indicates the stock is a buying.

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.

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