Vanguard Group Inc. Buys 778,699 Shares of Tenable Holdings, Inc. $TENB

Vanguard Group Inc. boosted its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 5.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,962,471 shares of the company’s stock after purchasing an additional 778,699 shares during the period. Vanguard Group Inc. owned about 12.54% of Tenable worth $436,306,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new stake in Tenable in the 2nd quarter valued at approximately $47,983,000. Marshall Wace LLP raised its holdings in shares of Tenable by 272.1% in the second quarter. Marshall Wace LLP now owns 1,237,173 shares of the company’s stock valued at $41,792,000 after purchasing an additional 904,662 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Tenable by 59.0% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,665,866 shares of the company’s stock worth $56,261,000 after purchasing an additional 618,319 shares in the last quarter. Squarepoint Ops LLC boosted its holdings in Tenable by 95.3% during the second quarter. Squarepoint Ops LLC now owns 1,208,504 shares of the company’s stock worth $40,823,000 after purchasing an additional 589,786 shares during the last quarter. Finally, Penserra Capital Management LLC boosted its holdings in Tenable by 33.3% during the second quarter. Penserra Capital Management LLC now owns 2,249,740 shares of the company’s stock worth $75,996,000 after purchasing an additional 562,151 shares during the last quarter. 89.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on TENB. Cantor Fitzgerald restated an “overweight” rating and set a $30.00 price objective on shares of Tenable in a research note on Friday, January 30th. Piper Sandler decreased their price target on Tenable from $40.00 to $35.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. JPMorgan Chase & Co. lowered their price target on Tenable from $40.00 to $35.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Wall Street Zen raised Tenable from a “buy” rating to a “strong-buy” rating in a report on Sunday, January 25th. Finally, Barclays lowered their target price on shares of Tenable from $33.00 to $28.00 and set an “equal weight” rating on the stock in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Tenable currently has an average rating of “Moderate Buy” and a consensus price target of $31.94.

Insiders Place Their Bets

In related news, Director A Brooke Seawell sold 115,000 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $24.82, for a total value of $2,854,300.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Arthur W. Coviello, Jr. bought 12,000 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were bought at an average cost of $21.50 per share, for a total transaction of $258,000.00. Following the purchase, the director owned 51,731 shares of the company’s stock, valued at approximately $1,112,216.50. The trade was a 30.20% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.50% of the company’s stock.

Tenable Stock Performance

NASDAQ TENB opened at $19.00 on Thursday. The stock has a market cap of $2.27 billion, a PE ratio of -63.33 and a beta of 0.63. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.94 and a current ratio of 0.94. The firm has a 50-day moving average of $22.41 and a 200-day moving average of $26.53. Tenable Holdings, Inc. has a 52-week low of $17.27 and a 52-week high of $39.13.

Tenable (NASDAQ:TENB) last posted its earnings results on Wednesday, February 4th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.06. Tenable had a positive return on equity of 0.20% and a negative net margin of 3.61%.The company had revenue of $260.53 million during the quarter, compared to the consensus estimate of $251.79 million. During the same quarter last year, the firm earned $0.41 earnings per share. The company’s revenue was up 10.5% on a year-over-year basis. Tenable has set its FY 2026 guidance at 1.810-1.900 EPS and its Q1 2026 guidance at 0.390-0.420 EPS. On average, sell-side analysts anticipate that Tenable Holdings, Inc. will post 0.12 EPS for the current year.

About Tenable

Tenable Holdings, Inc is a global cybersecurity company specializing in vulnerability management and continuous threat exposure assessment. Headquartered in Columbia, Maryland, Tenable was founded in 2002 by Ron Gula and Jack Huffard to address the growing need for proactive network security solutions. Over the years, the company has evolved from a pioneer in open-source vulnerability scanning to a leading provider of comprehensive security platforms that help organizations identify, investigate and prioritize cyber risks across on-premises, cloud and operational technology environments.

At the core of Tenable’s product suite is Nessus, one of the industry’s most widely adopted vulnerability scanners.