Tenable Holdings, Inc. $TENB Holdings Trimmed by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 14.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,156 shares of the company’s stock after selling 4,485 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Tenable were worth $884,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH acquired a new position in Tenable during the first quarter valued at approximately $336,000. Picton Mahoney Asset Management bought a new stake in shares of Tenable in the 1st quarter valued at approximately $1,080,000. Fiera Capital Corp lifted its holdings in shares of Tenable by 1.1% during the first quarter. Fiera Capital Corp now owns 59,626 shares of the company’s stock valued at $2,086,000 after acquiring an additional 651 shares during the period. Bayforest Capital Ltd grew its stake in Tenable by 124.7% during the first quarter. Bayforest Capital Ltd now owns 14,630 shares of the company’s stock worth $512,000 after buying an additional 8,120 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Tenable by 3.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,031,226 shares of the company’s stock valued at $36,072,000 after purchasing an additional 39,132 shares in the last quarter. Hedge funds and other institutional investors own 89.06% of the company’s stock.

Tenable Price Performance

Tenable stock opened at $26.27 on Thursday. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.94 and a quick ratio of 0.94. The stock’s 50 day moving average is $28.68 and its 200 day moving average is $30.79. Tenable Holdings, Inc. has a one year low of $25.28 and a one year high of $45.44. The firm has a market cap of $3.14 billion, a P/E ratio of -97.30 and a beta of 0.71.

Tenable (NASDAQ:TENB) last released its earnings results on Wednesday, October 29th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.05. The company had revenue of $252.44 million for the quarter, compared to analyst estimates of $247.43 million. During the same quarter in the previous year, the firm earned $0.32 EPS. The firm’s revenue was up 11.2% on a year-over-year basis. Tenable has set its FY 2025 guidance at 1.510-1.540 EPS. Q4 2025 guidance at 0.390-0.430 EPS. As a group, research analysts expect that Tenable Holdings, Inc. will post 0.12 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TENB. Barclays decreased their price target on Tenable from $39.00 to $33.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 14th. Canaccord Genuity Group dropped their price objective on shares of Tenable from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $42.00 price objective on shares of Tenable in a research report on Thursday, October 23rd. DA Davidson set a $32.00 price target on shares of Tenable in a research note on Thursday, October 30th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Tenable in a research report on Wednesday, October 8th. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $38.63.

Insider Activity at Tenable

In related news, Director A Brooke Seawell sold 4,622 shares of the business’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $30.12, for a total value of $139,214.64. Following the sale, the director directly owned 15,000 shares in the company, valued at approximately $451,800. The trade was a 23.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Barron Anschutz sold 976 shares of Tenable stock in a transaction on Friday, October 17th. The shares were sold at an average price of $29.10, for a total value of $28,401.60. Following the sale, the insider directly owned 61,420 shares of the company’s stock, valued at $1,787,322. This represents a 1.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.50% of the company’s stock.

Tenable Company Profile

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.