Nvidia, AMD to pay 15% of China chip sales revenue to US govt- FT
Barron Anschutz, Principal Accounting Officer at Tenable Holdings, Inc. (NASDAQ:TENB), sold 970 shares of common stock on July 17 at a price of $33.08, for a total transaction value of $32,087. The cybersecurity company, currently valued at $4 billion, trades near $33.04 and shows promising potential according to InvestingPro data, which indicates expected net income growth this year.
According to a Form 4 filing with the Securities and Exchange Commission, the transaction was to cover tax withholding obligations related to the vesting of restricted stock units. While the company isn’t currently profitable, InvestingPro analysis reveals impressive gross profit margins of 78% and strong revenue growth of nearly 12% over the last twelve months.
On July 16, Anschutz also exercised options to acquire 2,031 shares of Tenable Holdings common stock, and those options had a price of $0. Following the transactions, Anschutz directly owns 58,311 shares of Tenable Holdings. For deeper insights into TENB’s valuation and growth prospects, including additional ProTips and comprehensive financial analysis, explore the full research report available on InvestingPro.
In other recent news, Tenable Holdings Inc . reported its first-quarter 2025 earnings, surpassing Wall Street expectations with earnings per share of $0.36, compared to the forecasted $0.28. Revenue reached $239.1 million, exceeding projections of $233.73 million. Despite this strong performance, Tenable revised its full-year guidance, projecting lower figures than previously anticipated due to uncertainties in the U.S. public sector. Analysts from DA Davidson, Cantor Fitzgerald, Scotiabank (TSX:BNS), and Needham have adjusted their price targets for Tenable, reflecting a mix of cautious and optimistic stances. DA Davidson lowered its target to $28 while maintaining a Neutral rating, and Cantor Fitzgerald reduced its target to $42 but kept an Overweight rating. Scotiabank adjusted its target to $30, maintaining a Sector Perform rating, while Needham cut its target to $35 but upheld a Buy rating. These adjustments follow Tenable’s robust first-quarter performance, which was driven by its Tenable One platform and demand for cloud security solutions. Despite positive results, the company’s cautious outlook has led to a reassessment of its future performance by analysts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.