Matthew Charles Brown, Chief Financial Officer at Tenable Holdings, Inc. (TENB), bought 12,000 shares at $21.54 ($258K) on 2026-05-04, disclosed to the SEC on 2026-05-05.
CFO Matthew Charles Brown purchased 12,000 shares for $258,480, marking the largest purchase of his career. This significant insider buying at $21.54 suggests confidence in the stock's recovery following a 32% year-to-date decline.
The stock is currently trading at $21.01, up 19.48% over the last 30 days but still down 41.13% from its 52-week high of $35.69.
Upcoming catalysts include the company's Investor Day presentation on May 21, which prompted Needham to raise its price target to $30 on May 27. Additionally, the stock surged 9.2% ahead of this meeting on May 20, signaling renewed investor interest.
The stock carries significant short-term risk with a short interest of 15.11% of the float, which could lead to volatility if the bullish momentum reverses.
Clearly above the average filing.
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