Linda Kay Zecher Sells 700 Shares of Tenable (NASDAQ:TENB) Stock

Tenable Holdings, Inc. (NASDAQ:TENB) Director Linda Kay Zecher sold 700 shares of Tenable stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $35.46, for a total value of $24,822.00. Following the completion of the transaction, the director owned 7,702 shares of the company’s stock, valued at approximately $273,112.92. This represents a 8.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Linda Kay Zecher also recently made the following trade(s):

• On Wednesday, August 19th, Linda Kay Zecher sold 690 shares of Tenable stock. The stock was sold at an average price of $35.76, for a total value of $24,674.40.

Tenable Stock Performance

Shares of TENB stock opened at $34.38 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.78. Tenable Holdings, Inc. has a 12-month low of $15.73 and a 12-month high of $43.67. The business’s 50 day moving average is $34.76 and its two-hundred day moving average is $26.07. The company has a market capitalization of $3.79 billion, a P/E ratio of 687.74 and a beta of 0.94.

Tenable (NASDAQ:TENB) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. The business had revenue of $268.51 million during the quarter, compared to analysts’ expectations of $264.87 million. Tenable had a return on equity of 14.90% and a net margin of 0.65%.The business’s revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.34 earnings per share. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS. Analysts expect that Tenable Holdings, Inc. will post 0.5 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TENB. Wedbush reissued an “outperform” rating and issued a $29.00 price target on shares of Tenable in a report on Tuesday, May 26th. Susquehanna increased their price objective on shares of Tenable from $26.00 to $36.00 and gave the company a “positive” rating in a report on Thursday, July 30th. Morgan Stanley set a $27.00 target price on shares of Tenable in a research report on Thursday, April 30th. Jefferies Financial Group cut their target price on shares of Tenable from $35.00 to $30.00 and set a “hold” rating for the company in a research note on Thursday, July 30th. Finally, Stephens upped their price target on shares of Tenable from $24.00 to $29.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 26th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $34.68.

Institutional Trading of Tenable

Several large investors have recently made changes to their positions in the company. Nykredit A S purchased a new position in Tenable in the 2nd quarter valued at $198,000. Greenleaf Trust purchased a new stake in shares of Tenable during the second quarter worth $236,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Tenable by 0.4% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 253,666 shares of the company’s stock worth $9,355,000 after buying an additional 1,094 shares in the last quarter. Hsbc Holdings PLC grew its holdings in shares of Tenable by 19.0% during the second quarter. Hsbc Holdings PLC now owns 183,446 shares of the company’s stock worth $6,715,000 after buying an additional 29,254 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of Tenable in the second quarter valued at about $6,357,000. 89.06% of the stock is currently owned by hedge funds and other institutional investors.

About Tenable

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.