SG Americas Securities LLC Has $546,000 Position in Tenable Holdings, Inc. $TENB

SG Americas Securities LLC lessened its stake in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 65.2% during the 1st quarter, HoldingsChannel reports. The firm owned 32,252 shares of the company’s stock after selling 60,375 shares during the quarter. SG Americas Securities LLC’s holdings in Tenable were worth $546,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Quarry LP acquired a new stake in shares of Tenable in the third quarter worth $25,000. Kemnay Advisory Services Inc. acquired a new position in Tenable in the 4th quarter valued at $28,000. Signaturefd LLC raised its holdings in Tenable by 312.9% in the 4th quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock worth $29,000 after acquiring an additional 948 shares during the period. Horizon Investments LLC bought a new position in Tenable in the 3rd quarter worth $45,000. Finally, Quadrant Capital Group LLC acquired a new position in Tenable during the 4th quarter worth $38,000. Institutional investors own 89.06% of the company’s stock.

Tenable Stock Performance

TENB opened at $40.62 on Wednesday. The stock has a market cap of $4.48 billion, a PE ratio of -406.20 and a beta of 0.93. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.42. Tenable Holdings, Inc. has a 1 year low of $15.73 and a 1 year high of $42.94. The stock’s 50 day simple moving average is $27.03 and its 200-day simple moving average is $23.06.

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Stephens upped their price target on shares of Tenable from $24.00 to $29.00 and gave the company an “equal weight” rating in a report on Tuesday, May 26th. DA Davidson boosted their price objective on Tenable from $22.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Wall Street Zen downgraded Tenable from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 24th. Barclays raised their target price on Tenable from $21.00 to $27.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Finally, Robert W. Baird set a $34.00 price target on Tenable in a research report on Thursday, April 30th. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Tenable presently has a consensus rating of “Hold” and an average target price of $30.89.

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.