Renaissance Technologies LLC Has $21.32 Million Holdings in Tenable Holdings, Inc. $TENB

Renaissance Technologies LLC boosted its holdings in Tenable Holdings, Inc. (NASDAQ:TENB) by 140.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,260,100 shares of the company’s stock after acquiring an additional 736,800 shares during the quarter. Renaissance Technologies LLC’s holdings in Tenable were worth $21,315,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Fulton Bank N.A. raised its stake in shares of Tenable by 7.0% in the first quarter. Fulton Bank N.A. now owns 11,645 shares of the company’s stock worth $197,000 after purchasing an additional 758 shares during the last quarter. Quarry LP purchased a new stake in Tenable in the 3rd quarter valued at $25,000. Perigon Wealth Management LLC raised its position in Tenable by 5.1% in the 4th quarter. Perigon Wealth Management LLC now owns 17,843 shares of the company’s stock valued at $420,000 after buying an additional 872 shares during the last quarter. Signaturefd LLC lifted its stake in Tenable by 312.9% during the 4th quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock valued at $29,000 after acquiring an additional 948 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in Tenable by 10.8% during the 4th quarter. Cerity Partners LLC now owns 9,906 shares of the company’s stock valued at $233,000 after acquiring an additional 965 shares in the last quarter. 89.06% of the stock is owned by institutional investors.

Key Tenable News

Here are the key news stories impacting Tenable this week:

• Positive Sentiment: Second-quarter results exceeded expectations. Tenable reported adjusted EPS of $0.51 versus the $0.47 consensus estimate, while revenue reached $268.5 million, ahead of the $264.9 million estimate and up 8.6% year over year. Tenable Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Profitability and cash generation improved. GAAP operating margin was 4.6%, while non-GAAP operating margin expanded 540 basis points to 24.7%. Operating cash flow was $44.7 million and unlevered free cash flow was $45.3 million, supporting the quality of the quarter. Tenable Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Full-year and third-quarter EPS guidance was well above analyst expectations. Tenable forecast third-quarter EPS of $0.49-$0.52 versus consensus of $0.42, and raised or reaffirmed full-year EPS guidance at $1.95-$2.00 versus the $1.66 consensus. Revenue guidance was broadly in line with estimates, suggesting the upside is primarily earnings-driven. Tenable Earnings and Guidance
• Positive Sentiment: AI product momentum adds a potential growth catalyst. Tenable launched Always On Hexa AI, an autonomous exposure-remediation offering, following its announcement of an always-on agentic fleet for exposure management. The initiatives could strengthen its competitive position and support future growth if customers adopt them broadly. Tenable Launches Always On Hexa AI
• Neutral Sentiment: Revenue expectations remain measured. Although quarterly revenue beat estimates, third-quarter revenue guidance of $270 million-$273 million and full-year revenue guidance were approximately in line with consensus, limiting the scale of the upside narrative. Tenable Key Metrics Versus Estimates
• Negative Sentiment: Wells Fargo maintained a Hold rating. The cautious stance may limit near-term valuation expansion despite the earnings beat and improved profit outlook. Wells Fargo Hold Rating

Tenable Trading Up 0.4%

NASDAQ TENB opened at $31.48 on Thursday. The stock has a market capitalization of $3.47 billion, a price-to-earnings ratio of -314.80 and a beta of 0.93. Tenable Holdings, Inc. has a one year low of $15.73 and a one year high of $43.67. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.85 and a quick ratio of 0.85. The business’s fifty day moving average is $31.81 and its 200-day moving average is $24.49.

Tenable (NASDAQ:TENB) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.04. Tenable had a negative net margin of 1.15% and a positive return on equity of 7.85%. The company had revenue of $268.51 million during the quarter, compared to analyst estimates of $264.87 million. During the same quarter in the prior year, the business earned $0.34 earnings per share. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS. Equities research analysts predict that Tenable Holdings, Inc. will post 0.49 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on TENB. Stephens upped their target price on shares of Tenable from $24.00 to $29.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. Cantor Fitzgerald boosted their price target on shares of Tenable from $30.00 to $45.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. UBS Group downgraded shares of Tenable from a “buy” rating to a “neutral” rating and set a $37.00 price objective for the company. in a research report on Friday, July 24th. Robert W. Baird set a $34.00 price objective on shares of Tenable in a research note on Thursday, April 30th. Finally, TD Cowen lifted their target price on shares of Tenable from $38.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Eight research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $33.42.

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.