Quantbot Technologies LP Acquires Shares of 15,286 Tenable Holdings, Inc. $TENB

Quantbot Technologies LP bought a new position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,286 shares of the company’s stock, valued at approximately $564,000.

Several other hedge funds have also recently modified their holdings of TENB. Firetrail Investments PTY Ltd. purchased a new position in shares of Tenable in the second quarter worth about $8,389,000. Dimensional Fund Advisors LP increased its stake in shares of Tenable by 231.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 817,447 shares of the company’s stock worth $13,827,000 after acquiring an additional 570,760 shares during the last quarter. UBS Group AG raised its holdings in shares of Tenable by 327.6% during the 4th quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock worth $72,768,000 after acquiring an additional 2,369,402 shares during the period. BlackRock Inc. purchased a new position in shares of Tenable during the 2nd quarter worth $498,387,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Tenable by 175.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,732,271 shares of the company’s stock valued at $63,131,000 after acquiring an additional 2,375,587 shares during the last quarter. Institutional investors and hedge funds own 89.06% of the company’s stock.

Tenable Price Performance

Tenable stock opened at $37.62 on Friday. The company’s 50 day simple moving average is $35.35 and its 200-day simple moving average is $26.50. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.79 and a current ratio of 0.79. Tenable Holdings, Inc. has a 1 year low of $15.73 and a 1 year high of $43.67. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of 752.55 and a beta of 0.94.

Tenable (NASDAQ:TENB) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.04. The firm had revenue of $268.51 million during the quarter, compared to analysts’ expectations of $264.87 million. Tenable had a net margin of 0.65% and a return on equity of 14.90%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the company posted $0.34 EPS. 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, equities research analysts expect that Tenable Holdings, Inc. will post 0.5 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TENB shares. Truist Financial cut their price objective on shares of Tenable from $40.00 to $30.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. Susquehanna increased their price target on shares of Tenable from $26.00 to $36.00 and gave the company a “positive” rating in a research note on Thursday, July 30th. Stephens raised their price target on shares of Tenable from $24.00 to $29.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 26th. DA Davidson lifted their price target on shares of Tenable from $22.00 to $25.00 and gave the company a “neutral” rating in a research report on Friday, May 22nd. Finally, TD Cowen upped their price objective on Tenable from $38.00 to $44.00 and gave the company a “buy” rating in a report on Monday, July 13th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $34.68.

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.