Tenable Holdings, Inc. $TENB Shares Purchased by Empowered Funds LLC

Empowered Funds LLC grew its stake in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 2,454.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 98,412 shares of the company’s stock after buying an additional 94,559 shares during the period. Empowered Funds LLC’s holdings in Tenable were worth $1,665,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in TENB. Vanguard Group Inc. increased its position in Tenable by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 15,427,510 shares of the company’s stock worth $363,009,000 after purchasing an additional 465,039 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Tenable by 11.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,179,473 shares of the company’s stock worth $209,354,000 after purchasing an additional 713,291 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Tenable by 31.8% during the 4th quarter. First Trust Advisors LP now owns 4,243,625 shares of the company’s stock worth $99,852,000 after purchasing an additional 1,023,671 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Tenable by 175.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,732,271 shares of the company’s stock worth $63,131,000 after buying an additional 2,375,587 shares in the last quarter. Finally, Shapiro Capital Management LLC lifted its stake in shares of Tenable by 38.8% during the third quarter. Shapiro Capital Management LLC now owns 3,612,353 shares of the company’s stock valued at $105,336,000 after buying an additional 1,010,230 shares during the period. 89.06% of the stock is owned by institutional investors and hedge funds.

Tenable Price Performance

Tenable stock opened at $36.38 on Friday. Tenable Holdings, Inc. has a 1 year low of $15.73 and a 1 year high of $43.67. The firm has a 50 day moving average price of $33.09 and a 200 day moving average price of $25.08. The company has a market cap of $4.01 billion, a price-to-earnings ratio of 727.75 and a beta of 0.94. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.85 and a current ratio of 0.79.

Tenable (NASDAQ:TENB) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.04. The company had revenue of $268.51 million for the quarter, compared to the consensus estimate of $264.87 million. Tenable had a net margin of 0.65% and a return on equity of 14.90%. Tenable’s revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.34 earnings per share. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS. Sell-side analysts predict that Tenable Holdings, Inc. will post 0.5 earnings per share for the current year.

Analyst Ratings Changes

TENB has been the topic of a number of analyst reports. Piper Sandler lowered shares of Tenable from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $35.00 to $30.00 in a research report on Thursday, July 30th. Wall Street Zen raised Tenable from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 1st. Canaccord Genuity Group raised their price objective on Tenable from $30.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. DA Davidson lifted their price objective on Tenable from $22.00 to $25.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Finally, Robert W. Baird set a $34.00 target price on Tenable in a research note on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Tenable currently has an average rating of “Hold” and a consensus price target of $34.68.

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.