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Tenable Holdings (TENB) Gets a Hold from Stephens

Tipranks - Tipranks - Wed May 27, 6:20AM CDT

In a report released today, Todd Weller CFA from Stephens maintained a Hold rating on Tenable Holdings, with a price target of $29.00.

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According to TipRanks, Weller CFA is a 2-star analyst with an average return of 3.0% and a 50.00% success rate. Weller CFA covers the Technology sector, focusing on stocks such as Tenable Holdings, Fortinet, and Check Point.

In addition to Stephens, Tenable Holdings also received a Hold from Barclays’s Saket Kalia in a report issued on May 22. However, on the same day, Canaccord Genuity reiterated a Buy rating on Tenable Holdings (NASDAQ: TENB).

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Based on Tenable Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $262.06 million and a net profit of $1.41 million. In comparison, last year the company earned a revenue of $239.14 million and had a GAAP net loss of $22.94 million

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TENB in relation to earlier this year. Earlier this month, Matthew Charles Brown, the Chief Financial Officer of TENB bought 12,000.00 shares for a total of $258,480.00.

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