756,830 Shares in Tenable Holdings, Inc. $TENB Acquired by Bank of New York Mellon Corp

Key Points

• Bank of New York Mellon acquired 756,830 Tenable shares worth approximately $27.9 million, representing about 0.69% of the cybersecurity company. Institutional investors and hedge funds collectively own 89.06% of Tenable.
• Tenable’s latest quarterly results exceeded expectations, with EPS of $0.51 versus the $0.47 consensus and revenue of $268.5 million, up 8.6% year over year. The company issued fiscal 2026 EPS guidance of $1.95–$2.00.
• Analyst sentiment remains mixed: eight analysts rate Tenable a Buy, 11 a Hold and one a Sell, producing an overall “Hold” rating and an average price target of $34.68, below the stock’s reported $37.67 opening price.

Bank of New York Mellon Corp bought a new stake in Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 756,830 shares of the company's stock, valued at approximately $27,912,000. Bank of New York Mellon Corp owned approximately 0.69% of Tenable as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of TENB. Quarry LP purchased a new stake in shares of Tenable in the third quarter valued at $25,000. Kemnay Advisory Services Inc. purchased a new stake in Tenable during the 4th quarter worth about $28,000. Horizon Investments LLC acquired a new position in Tenable in the 3rd quarter valued at about $45,000. Quadrant Capital Group LLC acquired a new position in Tenable in the 4th quarter valued at about $38,000. Finally, Harbor Investment Advisory LLC purchased a new position in Tenable in the 2nd quarter valued at about $66,000. Institutional investors and hedge funds own 89.06% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TENB. Wells Fargo & Company decreased their price target on shares of Tenable from $43.00 to $35.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 30th. TD Cowen boosted their price objective on shares of Tenable from $38.00 to $44.00 and gave the company a "buy" rating in a research report on Monday, July 13th. Scotiabank raised shares of Tenable from a "sector perform" rating to a "sector outperform" rating and set a $50.00 price objective on the stock in a research note on Monday, July 6th. DA Davidson raised their target price on shares of Tenable from $22.00 to $25.00 and gave the stock a "neutral" rating in a research report on Friday, May 22nd. Finally, Barclays lowered their target price on shares of Tenable from $41.00 to $38.00 and set an "equal weight" rating for the company in a research note on Thursday, July 30th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Tenable currently has an average rating of "Hold" and an average price target of $34.68.

Tenable Trading Up 0.1%

Shares of TENB stock opened at $37.67 on Friday. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 753.55 and a beta of 0.94. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.78. Tenable Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $43.67. The firm's 50 day moving average price is $35.57 and its two-hundred day moving average price is $26.58.

Tenable (NASDAQ:TENB - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.04. Tenable had a net margin of 0.65% and a return on equity of 14.90%. The business had revenue of $268.51 million for the quarter, compared to the consensus estimate of $264.87 million. During the same quarter last year, the firm posted $0.34 EPS. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS. On average, analysts anticipate that Tenable Holdings, Inc. will post 0.5 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.

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