Dean Capital Investments Management LLC Invests $771,000 in Tenable Holdings Inc (TENB)

Dean Capital Investments Management LLC bought a new position in shares of Tenable Holdings Inc (NASDAQ:TENB) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 19,834 shares of the company’s stock, valued at approximately $771,000. Tenable comprises approximately 0.5% of Dean Capital Investments Management LLC’s portfolio, making the stock its 24th biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale acquired a new position in Tenable in the third quarter valued at about $900,000. FMR LLC acquired a new position in Tenable in the third quarter valued at about $8,934,000. American International Group Inc. acquired a new position in Tenable in the third quarter valued at about $325,000. BlackRock Inc. acquired a new position in Tenable in the third quarter valued at about $35,775,000. Finally, Bank of New York Mellon Corp acquired a new position in Tenable in the third quarter valued at about $1,199,000. Institutional investors own 35.26% of the company’s stock.

TENB stock opened at $25.74 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 posted its quarterly earnings data on Tuesday, October 30th. The company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.03. The firm had revenue of $69.40 million for the quarter, compared to analyst estimates of $66.28 million. The firm’s quarterly revenue was up 41.6% compared to the same quarter last year. As a group, analysts anticipate that Tenable Holdings Inc will post -0.91 earnings per share for the current fiscal year.

A number of research analysts have issued reports on TENB shares. BTIG Research started coverage on Tenable in a research note on Monday, August 20th. They issued a “buy” rating and a $41.00 target price for the company. Deutsche Bank started coverage on Tenable in a research report on Monday, August 20th. They set a “buy” rating for the company. Morgan Stanley started coverage on Tenable in a research report on Monday, August 20th. They set a “weight” rating and a $31.00 price objective for the company. William Blair started coverage on Tenable in a research report on Monday, August 20th. They set an “outperform” rating for the company. Finally, JPMorgan Chase & Co. started coverage on Tenable in a research report on Monday, August 20th. They set a “neutral” rating and a $36.00 price objective for the company. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $37.60.

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About Tenable

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.

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Institutional Ownership by Quarter for Tenable (NASDAQ:TENB)

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