Corient Private Wealth LP bought a new position in shares of Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 67,404 shares of the company's stock, valued at approximately $2,486,000. Corient Private Wealth LP owned about 0.06% of Tenable as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Tenable in the second quarter valued at about $498,387,000. Arrowstreet Capital Limited Partnership boosted its position in 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 acquiring an additional 2,375,587 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in Tenable during the 2nd quarter valued at about $76,759,000. Norges Bank purchased a new stake in Tenable during the 4th quarter valued at about $44,542,000. Finally, Freestone Grove Partners LP acquired a new stake in Tenable in the 2nd quarter valued at about $42,489,000. Hedge funds and other institutional investors own 89.06% of the company's stock.
Tenable Price Performance
Tenable stock opened at $34.24 on Thursday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.78. The company has a 50-day moving average price of $36.09 and a 200 day moving average price of $26.89. Tenable Holdings, Inc. has a 12-month low of $15.73 and a 12-month high of $43.67. The stock has a market cap of $3.77 billion, a P/E ratio of 684.94 and a beta of 0.96.
Tenable (NASDAQ:TENB - Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.04. Tenable had a net margin of 0.65% and a return on equity of 14.90%. The company had revenue of $268.51 million for the quarter, compared to analyst estimates of $264.87 million. During the same period in the previous year, the business posted $0.34 EPS. Tenable's revenue was up 8.6% on a year-over-year basis. 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 anticipate that Tenable Holdings, Inc. will post 0.5 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of research firms have weighed in on TENB. Stephens raised their target price on shares of Tenable from $24.00 to $29.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 26th. Barclays dropped their price target on Tenable from $41.00 to $38.00 and set an "equal weight" rating for the company in a research report on Thursday, July 30th. Piper Sandler cut Tenable from an "overweight" rating to a "neutral" rating and cut their price target for the company from $35.00 to $30.00 in a report on Thursday, July 30th. TD Cowen lifted their price objective on Tenable from $38.00 to $44.00 and gave the stock a "buy" rating in a research report on Monday, July 13th. Finally, Scotiabank raised 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. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $34.68.
View Our Latest Research Report on Tenable
Tenable Company Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding TENB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tenable Holdings, Inc. (NASDAQ:TENB - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Tenable, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tenable wasn't on the list.
While Tenable currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.
Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
