SEAWELL A BROOKE, an insider at Tenable Holdings Inc (TENB), recently acquired 115,000 shares of the company at a price of $9.66 each, totaling approximately $1.11 million. Following this transaction, SEAWELL A BROOKE holds a total of 115,000 shares in Tenable.
This purchase illustrates a level of confidence from insiders who often have access to non-public information regarding their company's performance. While such insider buying can be seen as a positive indicator, it's important to consider that these transactions may stem from various personal or regulatory motivations.
Insider transactions are reported to the SEC, providing transparency into the actions of company executives and board members. However, a single insider's buying activity should not be the sole basis for investment decisions. Investors are encouraged to look at patterns of insider trading over time and across multiple insiders to gain a clearer perspective.
Tenable Holdings, based in Columbia, Maryland, specializes in security software solutions and employs 1,872 full-time staff. The company's market capitalization stands at $3.0 billion, with a trailing twelve-month EPS of -0.28. Upcoming earnings are expected on April 27, 2026, with an estimated EPS of $0.40 and revenue of $261.5 million, followed by another report on July 28, 2026, with an EPS estimate of $0.42 and revenue of $269.5 million.