Tenable Holdings Stock Fair Value Calculation – Mutual of America Capital Management LLC reduces stake in Tenable Holdings, as reported by Defense World

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Tenable Holdings ($NASDAQ:TENB), Inc. is a cybersecurity company that provides organizations with solutions to manage and secure their digital assets. The company’s stock has been on the rise in recent years as the demand for cybersecurity continues to grow.

However, recent data from Defense World indicates that Mutual of America Capital Management LLC has reduced its stock position in Tenable Holdings. According to Defense World, the firm has decreased its stake in Tenable Holdings, Inc. This news may come as a surprise to some investors, as Tenable has been performing well in the stock market and has recently announced strong financial results. It could be a strategic move by the firm to reallocate its investments or take profits from its Tenable Holdings shares. It is also possible that the firm sees potential risks in Tenable’s future performance and has decided to reduce its exposure to the stock. This development may cause concern among other investors in Tenable Holdings, as a major institutional investor reducing its stake could be seen as a lack of confidence in the company’s future prospects. It could also lead to a slight decline in Tenable’s stock price in the short term as the market reacts to this news. This could mean that the firm still has faith in Tenable’s long-term growth potential. Overall, while Mutual of America Capital Management LLC’s reduction in stake may raise some eyebrows, it is important to keep in mind that Tenable Holdings remains a strong player in the cybersecurity industry and has been consistently delivering positive results. Investors should continue to monitor the company’s performance and any further developments with Mutual of America Capital Management LLC’s stock position.

Stock Price

Mutual of America Capital Management LLC is a major player in the financial industry, with a focus on managing investments for individuals and institutions. As such, their decision to decrease their stake in Tenable Holdings may have significant implications for the company’s future. The decrease in stake could also suggest that they believe there are better investment opportunities available elsewhere, leading them to reallocate their resources. As technology continues to advance and cyber attacks become increasingly prevalent, the demand for cybersecurity solutions is on the rise.

This could indicate that they still have some confidence in the company’s long-term prospects. Only time will tell how this move will impact Tenable Holdings and its investors in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Tenable Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Tenable Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Tenable Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Tenable Holdings are shown below. More…

Analysis – Tenable Holdings Stock Fair Value Calculation

After conducting a thorough analysis of TENABLE HOLDINGS‘s welfare, we at GoodWhale have determined that the company’s stock is currently undervalued. Our proprietary Valuation Line has calculated the intrinsic value of TENABLE HOLDINGS share to be around $52.8. This means that the current trading price of $39.7 is significantly lower than the actual value of the company, indicating that the stock is undervalued by 24.7%. Upon further investigation, we have found that TENABLE HOLDINGS has a strong financial standing and a promising outlook for future growth. The company’s revenues and earnings have been consistently increasing in recent years, and their market share in the cybersecurity industry is steadily growing. In addition, TENABLE HOLDINGS has a solid management team and a strong brand reputation, which further adds to its value. With these factors in mind, we believe that the current undervaluation of the company’s stock presents a great opportunity for investors. At GoodWhale, our goal is to provide accurate and reliable analysis for investors to make informed decisions. Based on our findings, we highly recommend considering investing in TENABLE HOLDINGS, as the current undervaluation presents a potential for significant returns in the future. More…

Peers

Tenable was founded in 2002 by Jack Huffard, Ron Gula, and Marcus Ranum. Tenable went public in July 2018, and trades on the NASDAQ under the symbol TENB. Tenable delivers Tenable.io, the world’s first Cyber Exposure platform, as well as a suite of award-winning products including the Nessus vulnerability scanner. Tenable.io provides continuous visibility into an organization’s cyber exposure across their entire attack surface, from operating systems and hardware to virtualization and cloud environments and containers. By identifying and prioritizing vulnerabilities and configurations issues, Tenable.io helps organizations to fix critical issues before they can be exploited. In addition to Tenable.io, Tenable also offers a suite of products that includes the Nessus vulnerability scanner, which is used by more than 1.5 million users in over 150 countries. Nessus is available in a variety of editions, including a free edition, and is used by small businesses, Fortune 500 companies, government agencies, and many of the world’s leading service providers.

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Indra Sistemas SA is a Spanish company that provides technology solutions for defense, security, and transportation. As of 2022, the company has a market capitalization of 1.7 billion euros and a return on equity of 18.37%. Indra Sistemas SA is a leading provider of technology solutions for the defense, security, and transportation markets. The company has a strong presence in Spain and Europe, and is expanding its operations in Asia and the Americas.

– Check Point Software Technologies Ltd ($NASDAQ:CHKP)

Check Point Software Technologies Ltd is a software company that provides internet security solutions. Its products include firewall products, anti-virus software, and intrusion detection systems. The company has a market cap of 16.5B as of 2022 and a Return on Equity of 18.44%. Check Point Software Technologies is headquartered in Tel Aviv, Israel.

– Cyber Security 1 AB ($LTS:0GCB)

Cyber Security 1 AB is a Swedish company that specializes in providing cyber security solutions. The company has a market capitalization of 16.14 million as of 2022 and a return on equity of -11.14%. Cyber Security 1 AB’s solutions include intrusion detection and prevention, vulnerability management, and security information and event management. The company serves a range of industries, including government, healthcare, finance, and retail.

Summary

Mutual of America Capital Management LLC has recently decreased its stock position in Tenable Holdings, Inc. This move could indicate a lack of confidence in the company’s future performance. Investors should take note of this decision and conduct further analysis on Tenable Holdings before making any investment decisions. Factors such as the company’s financial health, competitive landscape, and growth prospects should be considered in the analysis.

Additionally, investors should also keep an eye on market trends and any potential risks associated with the company. Overall, this decrease in stock position highlights the need for careful and thorough investing analysis when considering Tenable Holdings as a potential investment opportunity.