Tufin Software Technologies Ltd (NYSE:TUFN) was the target of a large increase in short interest during the month of December.1,010,000 shares, an increase of 24.5% 811,300 shares.Currently, 6.1% of the shares of the company are sold short.trading volume, of 396,800 shares, the short-interest ratio is currently 2.5 days.
NYSE:TUFN traded up $0.11 on Tuesday, hitting $14.21.The company had a trading volume of 385,400 767,744.The firm has a 50 day moving average of $16.90 and a two-hundred day moving average of $18.77.
Tufin Software Technologies has a 52 week low of $11.65 and a 52 week high of $31.04.
Get Tufin Software Technologies alerts: Tufin Software Technologies (NYSE:TUFN) last issued its quarterly earnings data on Thursday, November 14th.The company reported ($0.17) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.24) by $0.07.The business had revenue of $25.60 million during the quarter, compared to the consensus estimate of $25.16 million.Tufin Software Technologies had a negative net margin of 17.72% and a negative return on equity of 54.40%.
The company’s revenue was up 32.6% on a year-over-year basis.As a group, analysts expect that Tufin Software Technologies will post -0.9 EPS for the current year.
TUFN has been the topic of a number of research reports.
Oppenheimer decreased their price target on shares of Tufin Software Technologies from to in a research note on Thursday, January 9th.Piper Sandler reiterated a “neutral” rating and issued a $20.00 price target on shares of Tufin Software Technologies in a research note on Tuesday, January 7th.ValuEngine lowered shares of Tufin Software Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, December 31st.DA Davidson initiated coverage on shares of Tufin Software Technologies in a research note on Wednesday, November 27th.
They issued a “buy” rating on the stock.Finally, Piper Jaffray Companies initiated coverage on shares of Tufin Software Technologies in a research note on Tuesday, January 7th.They issued a “hold” rating and a $20.00 price target on the stock.Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company.
Tufin Software Technologies presently has an average rating of “Buy” and an average price target of $25.13.
A number of large investors have recently modified their holdings of the stock.Barclays PLC bought a new position in Tufin Software Technologies in the 3rd quarter valued at approximately $25,000.Tower Research Capital LLC TRC bought a new position in Tufin Software Technologies in the 2nd quarter valued at approximately $44,000.Wells Fargo & Company MN acquired a new position in Tufin Software Technologies in the 2nd quarter valued at approximately $176,000.
BlackRock Inc.
acquired a new position in Tufin Software Technologies in the 2nd quarter valued at approximately $180,000.Finally, Morgan Stanley acquired a new position in Tufin Software Technologies in the 2nd quarter valued at approximately $213,000.27.34% of the stock is owned by and hedge funds.
About Tufin Software Technologies
Tufin Ltd.
provides security policy management solutions.It offers Orchestration Suite, a solution for automatically designing, provisioning, analyzing, and auditing network security changes from the application layer down to the network layer; SecureTrack, a management platform for firewalls, routers, load-balancers, and additional network devices; SecureChange, a solution for automating firewall and router configuration changes across complex networks; SecureApp, a solution that enables organizations to manage network connectivity and security policies; and Tufin Iris, a cloud-native solution that enables cloud operations and IT security teams to gain visibility and control of security policies for cloud-based applications.
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