Deutsche Bank AG Invests $9.01 Million in Tenable Holdings, Inc. $TENB

Key Points

• Deutsche Bank acquired 244,361 Tenable shares worth approximately $9.01 million, giving it a 0.22% stake. Institutional investors collectively own 89.06% of the company.
• Analyst sentiment is mixed: eight analysts rate Tenable a Buy, 11 a Hold and one a Sell, producing a consensus Hold rating and a $34.68 price target.
• Tenable exceeded quarterly expectations with $0.51 EPS versus $0.47 expected and revenue of $268.51 million, up 8.6% year over year. Shares opened at $34.38, while the stock’s 52-week range is $15.73 to $43.67.

Deutsche Bank AG purchased a new position in shares of Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 244,361 shares of the company's stock, valued at approximately $9,012,000. Deutsche Bank AG owned about 0.22% of Tenable at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Quarry LP acquired a new stake in shares of Tenable during the 3rd quarter worth approximately $25,000. Kemnay Advisory Services Inc. bought a new stake in shares of Tenable during the fourth quarter worth about $28,000. Quadrant Capital Group LLC acquired a new position in Tenable in the 4th quarter valued at approximately $38,000. Horizon Investments LLC bought a new position in Tenable during the 3rd quarter worth $45,000. Finally, Los Angeles Capital Management LLC bought a new position in shares of Tenable during the fourth quarter worth about $48,000. Institutional investors own 89.06% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on TENB. Wedbush reissued an "outperform" rating and issued a $29.00 price objective on shares of Tenable in a research report on Tuesday, May 26th. Canaccord Genuity Group raised their price objective on shares of Tenable from $30.00 to $36.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. Robert W. Baird set a $34.00 target price on Tenable in a report on Thursday, April 30th. Barclays cut their price target on shares of Tenable from $41.00 to $38.00 and set an "equal weight" rating on the stock in a report on Thursday, July 30th. Finally, Needham & Company LLC upped their price objective on Tenable from $30.00 to $36.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $34.68.

Tenable Stock Performance

Shares of TENB opened at $34.38 on Monday. The firm's 50 day simple moving average is $34.76 and its 200 day simple moving average is $26.10. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market capitalization of $3.79 billion, a P/E ratio of 687.74 and a beta of 0.94. Tenable Holdings, Inc. has a 1-year low of $15.73 and a 1-year high of $43.67.

Tenable (NASDAQ:TENB - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.04. Tenable had a return on equity of 14.90% and a net margin of 0.65%.The business had revenue of $268.51 million during the quarter, compared to analyst estimates of $264.87 million. During the same quarter in the prior year, the firm earned $0.34 earnings per share. Tenable's revenue for the quarter 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 forecast that Tenable Holdings, Inc. will post 0.5 earnings per share for the current fiscal year.

Tenable Profile

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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