Versor Investments LP Buys Shares of 24,751 Tenable Holdings, Inc. $TENB

Versor Investments LP bought a new stake in Tenable Holdings, Inc. (NASDAQ:TENB) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 24,751 shares of the company’s stock, valued at approximately $582,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Summit Global Investments increased its holdings in Tenable by 5.1% in the third quarter. Summit Global Investments now owns 12,930 shares of the company’s stock valued at $377,000 after buying an additional 632 shares in the last quarter. CI Investments Inc. increased its holdings in Tenable by 40.2% in the third quarter. CI Investments Inc. now owns 2,487 shares of the company’s stock valued at $73,000 after buying an additional 713 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Tenable by 9.4% in the third quarter. Principal Financial Group Inc. now owns 9,300 shares of the company’s stock valued at $271,000 after buying an additional 799 shares in the last quarter. Quarry LP purchased a new position in Tenable in the third quarter valued at about $25,000. Finally, Perigon Wealth Management LLC increased its holdings in Tenable by 5.1% in the fourth quarter. Perigon Wealth Management LLC now owns 17,843 shares of the company’s stock valued at $420,000 after buying an additional 872 shares in the last quarter. 89.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TENB has been the subject of a number of recent research reports. Barclays raised their price objective on shares of Tenable from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Canaccord Genuity Group dropped their price objective on shares of Tenable from $33.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Wall Street Zen raised shares of Tenable from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Wells Fargo & Company raised their price objective on shares of Tenable from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Finally, Robert W. Baird set a $34.00 price objective on shares of Tenable in a research note on Thursday, April 30th. Nine investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Tenable currently has an average rating of “Hold” and a consensus price target of $27.84.

Tenable Trading Down 2.0%

Shares of TENB opened at $20.58 on Thursday. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a 50 day simple moving average of $19.51 and a 200-day simple moving average of $22.60. Tenable Holdings, Inc. has a 1-year low of $15.73 and a 1-year high of $35.69. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of -205.80 and a beta of 0.87.

Tenable (NASDAQ:TENB) last announced its earnings results on Wednesday, April 29th. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.06. Tenable had a negative net margin of 1.15% and a positive return on equity of 7.85%. The firm had revenue of $262.06 million for the quarter, compared to analyst estimates of $258.83 million. During the same quarter last year, the business earned $0.36 earnings per share. Tenable’s revenue was up 9.6% compared to the same quarter last year. Tenable has set its FY 2026 guidance at 1.900-1.980 EPS and its Q2 2026 guidance at 0.460-0.48 EPS. Equities analysts forecast that Tenable Holdings, Inc. will post 0.49 EPS for the current fiscal year.

Tenable Company 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.