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 $92,500 were sold by Zecher Linda Kay on Mar 11 ’25. At $37.00 per share, Zecher Linda Kay sold 2,500 shares. The insider’s holdings dropped to 353 shares worth approximately $12443.25 following the completion of this transaction.
Also, Anschutz Barron sold 4,405 shares, netting a total of over 165,584 in proceeds. Following the sale of shares at $37.59 each, the insider now holds 53,614 shares.
Before that, Vintz Stephen A had sold 6,681 shares from its account. In a trade valued at $254,947, the Co-CEO,Chief Financial Officer traded Tenable Holdings Inc shares for $38.16 each. Upon closing the transaction, the insider’s holdings decreased to 6,681 shares, worth approximately $11.16 million.
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 -5.57%. Over the course of the year, Tenable Holdings Inc shares have dropped approximately -10.49%. Shares of the company reached a 52-week high of $45.44 on 01/27/25 and a 52-week low of $35.25 on 03/13/25. A 50-day SMA is recorded $39.85, while a 200-day SMA reached $41.14.
Support And Resistance Levels for Tenable Holdings Inc (TENB)
According to the 24-hour chart, there is a support level at 34.98, which, if violated, would cause prices to drop to 34.71. In the upper region, resistance lies at 35.79. The next price resistance is at 36.33. RSI (Relative Strength Index) is 30.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.35, which suggests the price will decrease in the coming days. Percent R is at 100.00%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
