Insider Sell: COO Mark Thurmond Sells 26,175 Shares of Tenable Holdings Inc (TENB)
Mark Thurmond, Chief Operating Officer of Tenable Holdings Inc (NASDAQ:TENB), has sold 26,175 shares of the company on February 7, 2024, according to a recent SEC Filing. Tenable Holdings Inc is a cybersecurity company that provides vulnerability assessment and management solutions designed to identify and reduce cyber risks.
Over the past year, the insider has sold a total of 90,083 shares and has not made any purchases of the company's stock.
The insider transaction history for Tenable Holdings Inc shows a pattern of selling activity, with 0 insider buys and 44 insider sells over the past year.
On the day of the insider's recent sale, shares of Tenable Holdings Inc were trading at $51.45, resulting in a market capitalization of $6.097 billion.
The stock's price-to-GF-Value ratio stands at 0.85, with a GuruFocus Value of $60.27, indicating that Tenable Holdings Inc is considered modestly undervalued.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is calculated based on historical trading multiples, a GuruFocus adjustment factor related to the company's past performance, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
