525,271 Shares in Tenable Holdings, Inc. $TENB Purchased by Ieq Capital LLC

Ieq Capital LLC bought a new position in Tenable Holdings, Inc. (NASDAQ:TENB) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 525,271 shares of the company’s stock, valued at approximately $19,372,000.

Other hedge funds have also added to or reduced their stakes in the company. Royal Bank of Canada boosted its position in shares of Tenable by 11.5% in the first quarter. Royal Bank of Canada now owns 124,839 shares of the company’s stock valued at $4,367,000 after acquiring an additional 12,868 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Tenable by 5.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 326,924 shares of the company’s stock worth $11,436,000 after acquiring an additional 17,349 shares during the period. Jane Street Group LLC increased its holdings in Tenable by 83.6% during the 1st quarter. Jane Street Group LLC now owns 112,594 shares of the company’s stock worth $3,939,000 after acquiring an additional 51,266 shares during the period. Invesco Ltd. lifted its stake in Tenable by 12.9% in the 2nd quarter. Invesco Ltd. now owns 121,530 shares of the company’s stock worth $4,105,000 after purchasing an additional 13,903 shares in the last quarter. Finally, Amundi lifted its stake in Tenable by 52.0% in the 2nd quarter. Amundi now owns 88,405 shares of the company’s stock worth $2,974,000 after purchasing an additional 30,256 shares in the last quarter. Hedge funds and other institutional investors own 89.06% of the company’s stock.

Tenable Price Performance

TENB stock opened at $34.38 on Friday. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.79 and a quick ratio of 0.79. Tenable Holdings, Inc. has a one year low of $15.73 and a one year high of $43.67. The stock has a market cap of $3.79 billion, a PE ratio of 687.74 and a beta of 0.94. The firm has a 50 day simple moving average of $34.76 and a two-hundred day simple moving average of $26.07.

Tenable (NASDAQ:TENB) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.04. The firm had revenue of $268.51 million for the quarter, compared to analyst estimates of $264.87 million. Tenable had a net margin of 0.65% and a return on equity of 14.90%. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. On average, analysts predict that Tenable Holdings, Inc. will post 0.5 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Robert W. Baird set a $34.00 price target on shares of Tenable in a research report on Thursday, April 30th. Scotiabank upgraded Tenable from a “sector perform” rating to a “sector outperform” rating and set a $50.00 price objective on the stock in a research report on Monday, July 6th. Barclays dropped their price objective on Tenable from $41.00 to $38.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Wells Fargo & Company reduced their target price on Tenable from $43.00 to $35.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Finally, Stifel Nicolaus upped their target price on Tenable from $26.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, July 30th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $34.68.

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.