31,492 Shares in Tenable Holdings, Inc. $TENB Bought by Picton Mahoney Asset Management

Picton Mahoney Asset Management acquired a new position in Tenable Holdings, Inc. (NASDAQ:TENB) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,492 shares of the company’s stock, valued at approximately $919,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Elevation Point Wealth Partners LLC acquired a new position in shares of Tenable during the 2nd quarter worth $37,000. Exchange Traded Concepts LLC purchased a new position in shares of Tenable in the 3rd quarter valued at about $45,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Tenable in the third quarter valued at about $52,000. CI Investments Inc. boosted its holdings in Tenable by 40.2% during the third quarter. CI Investments Inc. now owns 2,487 shares of the company’s stock worth $73,000 after buying an additional 713 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in Tenable by 76.6% during the third quarter. Nisa Investment Advisors LLC now owns 2,683 shares of the company’s stock worth $78,000 after buying an additional 1,164 shares in the last quarter. Institutional investors and hedge funds own 89.06% of the company’s stock.

Wall Street Analyst Weigh In

TENB has been the subject of a number of research analyst reports. DA Davidson dropped their target price on shares of Tenable from $25.00 to $24.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Canaccord Genuity Group set a $33.00 price target on Tenable in a report on Thursday, February 5th. Scotiabank reduced their price objective on Tenable from $31.00 to $23.00 and set a “sector perform” rating for the company in a report on Thursday, February 5th. Jefferies Financial Group dropped their price target on Tenable from $29.00 to $24.00 and set a “hold” rating for the company in a research report on Monday, February 2nd. Finally, Wall Street Zen raised shares of Tenable from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 25th. Ten research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $30.50.

Insider Transactions at Tenable

In other Tenable news, Director A Brooke Seawell sold 115,000 shares of Tenable stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $24.82, for a total value of $2,854,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Arthur W. Coviello, Jr. acquired 12,000 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were bought at an average cost of $21.50 per share, with a total value of $258,000.00. Following the purchase, the director owned 51,731 shares in the company, valued at approximately $1,112,216.50. The trade was a 30.20% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.50% of the stock is currently owned by company insiders.

Tenable Trading Down 0.7%

Shares of Tenable stock opened at $21.04 on Friday. Tenable Holdings, Inc. has a fifty-two week low of $17.27 and a fifty-two week high of $37.90. The firm has a market cap of $2.42 billion, a PE ratio of -70.13 and a beta of 0.67. The business’s fifty day moving average is $21.80 and its two-hundred day moving average is $26.08. The company has a quick ratio of 0.94, a current ratio of 0.95 and a debt-to-equity ratio of 1.09.

Tenable (NASDAQ:TENB) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.06. The business had revenue of $260.53 million during the quarter, compared to the consensus estimate of $251.79 million. Tenable had a positive return on equity of 0.20% and a negative net margin of 3.61%.The business’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 earnings per share. Tenable has set its FY 2026 guidance at 1.810-1.900 EPS and its Q1 2026 guidance at 0.390-0.420 EPS. Analysts anticipate that Tenable Holdings, Inc. will post 0.12 earnings per share for the current year.

Tenable 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.