25,764 Tenable Holdings, Inc. $TENB Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. trimmed its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 6.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 396,892 shares of the company’s stock after selling 25,764 shares during the period. Vontobel Holding Ltd. owned about 0.36% of Tenable worth $14,443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. purchased a new position in Tenable in the second quarter valued at about $498,387,000. Arrowstreet Capital Limited Partnership increased its position in Tenable by 175.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,732,271 shares of the company’s stock worth $63,131,000 after purchasing an additional 2,375,587 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in Tenable in the 2nd quarter worth about $76,759,000. Renaissance Technologies LLC raised its stake in shares of Tenable by 140.8% during the 1st quarter. Renaissance Technologies LLC now owns 1,260,100 shares of the company’s stock worth $21,315,000 after purchasing an additional 736,800 shares in the last quarter. Finally, Freestone Grove Partners LP purchased a new stake in shares of Tenable during the 2nd quarter worth about $42,489,000. 89.06% of the stock is currently owned by hedge funds and other institutional investors.

Tenable Stock Down 5.4%

NASDAQ TENB opened at $37.20 on Friday. The firm has a market cap of $4.10 billion, a PE ratio of 744.15 and a beta of 1.01. Tenable Holdings, Inc. has a one year low of $15.73 and a one year high of $43.67. The stock’s 50 day simple moving average is $36.26 and its 200 day simple moving average is $30.50. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.79 and a quick ratio of 0.79.

Tenable (NASDAQ:TENB) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. Tenable had a return on equity of 14.90% and a net margin of 0.65%. The firm had revenue of $268.51 million during the quarter, compared to analysts’ expectations of $264.87 million. During the same period last year, the firm posted $0.34 EPS. The business’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. As a group, sell-side analysts forecast that Tenable Holdings, Inc. will post 0.50 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Susquehanna increased their price objective on Tenable from $26.00 to $36.00 and gave the company a “positive” rating in a report on Thursday, July 30th. Scotiabank raised Tenable from a “sector perform” rating to a “sector outperform” rating and set a $50.00 target price on the stock in a report on Monday, July 6th. Barclays dropped their price target on Tenable from $41.00 to $38.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Wedbush lowered shares of Tenable from an “outperform” rating to an “underperform” rating and set a $29.00 price target on the stock. in a research report on Thursday, September 10th. Finally, Wall Street Zen upgraded Tenable from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $34.84.

Tenable Company Profile

Tenable Holdings, Inc (NASDAQ: TENB) is a cybersecurity company focused on exposure management, helping organizations identify, assess and reduce security risks across their technology environments. Its platform is designed to provide visibility into vulnerabilities and other exposures affecting networks, cloud infrastructure, applications, identities and operational technology.

The company’s product portfolio includes Tenable One, an exposure management platform, and Nessus, a widely used vulnerability assessment solution.