Microvast Holdings announces departure of chief financial officer
Stephen A. Vintz, the Co-CEO and Chief Financial Officer of Tenable Holdings, Inc. (NASDAQ:TENB), a $4.7 billion cybersecurity company with impressive 78% gross profit margins and annual revenue of $900 million, recently made a significant transaction involving the company’s stock. According to a recent SEC filing, Vintz sold 4,551 shares on February 25, 2025, at a price of $38.48 per share. This sale totaled $175,122. For deeper insights into insider transactions and comprehensive financial analysis, InvestingPro subscribers can access detailed insider trading patterns and executive compensation data.
The transaction was part of an automatic process to cover tax obligations related to the vesting of restricted stock units. Following this sale, Vintz continues to hold 329,488 shares of Tenable Holdings.
In addition to the sale, Vintz acquired a substantial number of shares through the vesting of restricted stock units and performance restricted stock units. These acquisitions, which occurred on February 24, 2025, added a total of 43,318 shares to his holdings, although these were at no cost and primarily related to stock unit vesting.
The transactions underscore the ongoing stock management strategies employed by executives at Tenable Holdings, a company specializing in cybersecurity solutions.
In other recent news, Tenable Holdings, Inc. reported fourth quarter earnings that exceeded expectations, with adjusted earnings per share reaching $0.41, surpassing the analyst consensus of $0.34. The company also reported revenue of $235.7 million for the quarter, marking an 11% year-over-year increase and exceeding the projected $231.54 million. However, Tenable’s guidance for the first quarter and full year 2025 fell short of analyst estimates, forecasting Q1 adjusted EPS of $0.28-$0.30 and revenue of $232-234 million, both below expectations. For the full year 2025, the company projects adjusted EPS of $1.52-$1.60 and revenue of $971-981 million, compared to the consensus estimates of $1.45 EPS and $982.9 million in revenue.
In a related development, JPMorgan analyst Brian Essex raised the price target for Tenable to $53 from $50, maintaining an Overweight rating. This adjustment was influenced by Tenable’s strong growth and profitability, driven by the adoption of its Tenable One and Exposure Solution products. The company demonstrated a robust non-GAAP operating margin of 25.2% for the quarter. Additionally, Tenable announced plans to acquire Vulcan Cyber Ltd. to further enhance its exposure management platform capabilities. Despite a cautious outlook regarding federal contracts, the company has not observed any cancellations or changes in federal projects.
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