Tenable Holdings, Inc. $TENB Shares Newly Bought by Yousif Capital Management LLC

Key Points

• Yousif Capital Management initiated a Tenable position by purchasing 28,173 shares valued at approximately $1.03 million. Other institutional investors also increased their holdings, with institutions collectively owning 89.06% of TENB.
• Tenable exceeded third-quarter expectations, reporting EPS of $0.63 and revenue of $276.4 million, up 9.5% year over year. The company also raised its fourth-quarter and full-year 2026 earnings guidance.
• Analyst sentiment is mixed: several firms raised price targets to the mid-$50s, but the consensus rating remains Hold with a $46.25 target. Analysts cited strong earnings momentum while warning about vendor bundling, industry consolidation, valuation, and profit-taking risks.

Yousif Capital Management LLC bought a new stake in shares of Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 28,173 shares of the company's stock, valued at approximately $1,025,000.

Other institutional investors have also recently made changes to their positions in the company. Pinnacle Associates Ltd. increased its stake in Tenable by 7.7% during the third quarter. Pinnacle Associates Ltd. now owns 539,174 shares of the company's stock worth $19,621,000 after acquiring an additional 38,664 shares during the last quarter. Nisa Investment Advisors LLC raised its position in Tenable by 20.6% during the third quarter. Nisa Investment Advisors LLC now owns 2,559 shares of the company's stock valued at $93,000 after purchasing an additional 437 shares during the period. CWA Asset Management Group LLC raised its position in Tenable by 42.4% during the third quarter. CWA Asset Management Group LLC now owns 75,943 shares of the company's stock valued at $2,764,000 after purchasing an additional 22,604 shares during the period. Jackson Square Capital LLC lifted its stake in shares of Tenable by 61.2% in the 3rd quarter. Jackson Square Capital LLC now owns 29,539 shares of the company's stock valued at $1,075,000 after purchasing an additional 11,218 shares during the last quarter. Finally, State of Alaska Department of Revenue lifted its stake in shares of Tenable by 313.2% in the 3rd quarter. State of Alaska Department of Revenue now owns 24,782 shares of the company's stock valued at $901,000 after purchasing an additional 18,785 shares during the last quarter. Institutional investors own 89.06% of the company's stock.

Analyst Upgrades and Downgrades

TENB has been the subject of a number of recent research reports. Jefferies Financial Group dropped their target price on Tenable from $35.00 to $30.00 and set a "hold" rating for the company in a report on Thursday, July 30th. JPMorgan Chase & Co. raised their price target on Tenable from $40.00 to $41.00 and gave the stock an "overweight" rating in a research report on Thursday. Yorkville Ives initiated coverage on Tenable in a research report on Tuesday, October 6th. They issued an "outperform" rating and a $45.00 price target for the company. Wall Street Zen raised shares of Tenable from a "buy" rating to a "strong-buy" rating in a research note on Saturday, October 17th. Finally, Susquehanna boosted their price objective on shares of Tenable from $36.00 to $55.00 and gave the company a "positive" rating in a research report on Thursday. Ten investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $46.25.

Tenable News Summary

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Tenable reported third-quarter EPS of $0.63, above the $0.51 consensus estimate, while revenue of $276.4 million also exceeded expectations and increased 9.5% year over year. Tenable Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: The company raised fourth-quarter guidance to EPS of $0.56–$0.58 and revenue of $277 million–$280 million, ahead of consensus estimates of $0.42 and $276.5 million, respectively. Full-year 2026 EPS guidance was raised to $2.16–$2.19 versus the $1.69 consensus, providing the strongest near-term catalyst. Tenable Raises 2026 Earnings Guidance
• Positive Sentiment: Needham and Susquehanna raised their price targets to $55 and maintained positive or buy-equivalent ratings. Canaccord also increased its target to $54 and assigned a buy rating, reflecting optimism about earnings momentum and Tenable One adoption. Tenable Guidance Announcement
• Neutral Sentiment: Analysts continue to lift targets following the earnings report, but Stephens reaffirmed a hold rating and Wells Fargo maintained equal weight. Their targets of $48 and $45 remain below the recent trading level, signaling more cautious views despite the upward revisions. Stephens Reaffirms Hold Rating
• Negative Sentiment: Wedbush warned that vendor bundling and potential cybersecurity-industry consolidation could pressure Tenable’s competitive position. Commentary also notes that the stock has already experienced a substantial rally, increasing valuation and profit-taking concerns. Tenable Faces Consolidation Risk

Tenable Trading Down 2.0%

TENB opened at $50.75 on Friday. The stock has a market cap of $5.59 billion, a price-to-earnings ratio of 390.41 and a beta of 1.01. The stock's 50 day moving average price is $38.02 and its 200-day moving average price is $28.77. Tenable Holdings, Inc. has a one year low of $15.73 and a one year high of $53.22. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.79 and a current ratio of 1.04.

Tenable (NASDAQ:TENB - Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.12. Tenable had a return on equity of 28.72% and a net margin of 1.48%. The firm had revenue of $276.39 million for the quarter, compared to the consensus estimate of $271.58 million. During the same period in the prior year, the business posted $0.42 earnings per share. The company's revenue for the quarter was up 9.5% on a year-over-year basis. On average, equities analysts forecast that Tenable Holdings, Inc. will post 0.58 EPS for the current year.

Tenable Profile

Tenable is a cybersecurity company that helps organizations identify, assess and reduce cyber risk across their technology environments. Its exposure management platform is designed to provide visibility into vulnerabilities and other security exposures affecting cloud systems, applications, endpoints, networks, operational technology, Internet of Things devices and identities.

The company's product portfolio includes Nessus, a widely used vulnerability assessment solution, and Tenable One, an exposure management platform that brings together vulnerability management, cloud security, identity exposure and related capabilities.

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