Vontobel Holding Ltd. Has $9.32 Million Holdings in Tenable Holdings, Inc. $TENB

Vontobel Holding Ltd. raised its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB - Free Report) by 38.2% in the second quarter, according to its most recent filing with the SEC. The firm owned 275,833 shares of the company's stock after purchasing an additional 76,180 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.23% of Tenable worth $9,318,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TENB. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Tenable by 18.5% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,764 shares of the company's stock worth $376,000 after buying an additional 1,682 shares in the last quarter. Caxton Associates LLP bought a new position in shares of Tenable during the 1st quarter worth approximately $466,000. KBC Group NV boosted its holdings in shares of Tenable by 19.4% during the 1st quarter. KBC Group NV now owns 5,652 shares of the company's stock worth $198,000 after buying an additional 919 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Tenable by 5,032.7% during the 1st quarter. GAMMA Investing LLC now owns 10,214 shares of the company's stock worth $357,000 after buying an additional 10,015 shares in the last quarter. Finally, Voleon Capital Management LP bought a new position in shares of Tenable during the 1st quarter worth approximately $1,161,000. Institutional investors and hedge funds own 89.06% of the company's stock.

Analysts Set New Price Targets

TENB has been the topic of a number of research analyst reports. Wedbush increased their price target on Tenable from $40.00 to $42.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Wells Fargo & Company restated an "overweight" rating and set a $45.00 price target (up from $40.00) on shares of Tenable in a report on Thursday, July 31st. DA Davidson increased their target price on Tenable from $32.00 to $34.00 and gave the stock a "neutral" rating in a report on Thursday, July 31st. Stifel Nicolaus increased their target price on Tenable from $30.00 to $35.00 and gave the stock a "hold" rating in a report on Thursday, July 31st. Finally, Needham & Company LLC increased their target price on Tenable from $35.00 to $42.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $41.06.

Insider Buying and Selling

In other news, CEO Mark C. Thurmond sold 28,500 shares of the firm's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $30.25, for a total transaction of $862,125.00. Following the completion of the sale, the chief executive officer directly owned 102,322 shares of the company's stock, valued at $3,095,240.50. This trade represents a 21.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Barron Anschutz sold 1,261 shares of Tenable stock in a transaction on Monday, August 25th. The stock was sold at an average price of $30.25, for a total value of $38,145.25. Following the sale, the insider owned 59,645 shares in the company, valued at $1,804,261.25. The trade was a 2.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 64,549 shares of company stock valued at $1,954,751 in the last 90 days. Insiders own 1.50% of the company's stock.

Tenable Price Performance

Shares of NASDAQ:TENB opened at $29.60 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.01. The stock's fifty day simple moving average is $30.05 and its two-hundred day simple moving average is $31.89. Tenable Holdings, Inc. has a 1-year low of $28.51 and a 1-year high of $45.44. The stock has a market cap of $3.58 billion, a PE ratio of -80.00 and a beta of 0.73.

Tenable (NASDAQ:TENB - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.04. Tenable had a negative return on equity of 3.32% and a negative net margin of 4.74%.The business had revenue of $247.30 million for the quarter, compared to analysts' expectations of $242.15 million. During the same period last year, the business earned $0.31 EPS. The business's revenue was up 11.8% on a year-over-year basis. Tenable has set its FY 2025 guidance at 1.450-1.530 EPS. Q3 2025 guidance at 0.360-0.370 EPS. As a group, analysts forecast that Tenable Holdings, Inc. will post 0.12 EPS for the current fiscal year.

About Tenable

Tenable Holdings, Inc provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization's IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities.

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