DekaBank Deutsche Girozentrale bought a new stake in shares of Tenable Holdings Inc (NASDAQ:TENB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 27,500 shares of the company’s stock, valued at approximately $900,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of TENB. Strs Ohio bought a new position in shares of Tenable in the third quarter valued at approximately $139,000. Insight Holdings Group LLC bought a new position in shares of Tenable in the third quarter valued at approximately $1,102,826,000. Massachusetts Financial Services Co. MA bought a new position in shares of Tenable in the third quarter valued at approximately $11,202,000. First Trust Advisors LP bought a new position in shares of Tenable in the third quarter valued at approximately $27,747,000. Finally, Glynn Capital Management LLC bought a new position in shares of Tenable in the third quarter valued at approximately $1,356,000. Institutional investors and hedge funds own 44.63% of the company’s stock.

Shares of Tenable stock opened at $28.27 on Friday. Tenable Holdings Inc has a fifty-two week low of $25.47 and a fifty-two week high of $39.38.

Tenable (NASDAQ:TENB) last issued its quarterly earnings results on Tuesday, October 30th. The company reported ($0.16) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.03. The company had revenue of $69.40 million during the quarter, compared to analyst estimates of $66.28 million. Tenable’s quarterly revenue was up 41.6% compared to the same quarter last year. On average, analysts forecast that Tenable Holdings Inc will post -0.91 EPS for the current fiscal year.

TENB has been the subject of a number of research analyst reports. Wedbush reiterated a “buy” rating and issued a $38.00 target price on shares of Tenable in a research note on Wednesday, October 31st. BTIG Research initiated coverage on shares of Tenable in a research note on Monday, August 20th. They issued a “buy” rating and a $41.00 target price for the company. Zacks Investment Research cut shares of Tenable from a “buy” rating to a “hold” rating in a research note on Wednesday, November 7th. Morgan Stanley set a $30.00 target price on shares of Tenable and gave the company a “hold” rating in a research note on Wednesday, October 31st. Finally, Berenberg Bank initiated coverage on shares of Tenable in a research note on Thursday, November 29th. They issued a “buy” rating and a $38.00 target price for the company. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Tenable presently has a consensus rating of “Buy” and a consensus target price of $37.67.

ILLEGAL ACTIVITY NOTICE: This piece of content was first published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/dekabank-deutsche-girozentrale-buys-shares-of-27500-tenable-holdings-inc-tenb/2669556.html.

Tenable Profile

Tenable Holdings, Inc provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its enterprise software platform enables visibility into an organization's cyber exposure across the attack surface and deep insights that help organizations translate technical data into business insights to understand and reduce their cybersecurity risk.

Featured Story: What is a Leveraged Buyout (LBO)?

Want to see what other hedge funds are holding TENB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tenable Holdings Inc (NASDAQ:TENB).

Institutional Ownership by Quarter for Tenable (NASDAQ:TENB)

Receive News & Ratings for Tenable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tenable and related companies with MarketBeat.com's FREE daily email newsletter.