OP Asset Management Ltd Takes $4.69 Million Position in Tenable Holdings, Inc. $TENB

OP Asset Management Ltd bought a new stake in Tenable Holdings, Inc. (NASDAQ:TENB) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 277,499 shares of the company’s stock, valued at approximately $4,694,000.

Other large investors have also recently bought and sold shares of the company. CI Investments Inc. grew its stake in Tenable by 40.2% in the third quarter. CI Investments Inc. now owns 2,487 shares of the company’s stock valued at $73,000 after purchasing an additional 713 shares in the last quarter. Quarry LP bought a new stake in shares of Tenable during the 3rd quarter worth approximately $25,000. Perigon Wealth Management LLC grew its stake in shares of Tenable by 5.1% in the fourth 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 in the last quarter. Signaturefd LLC increased its holdings in Tenable by 312.9% during the fourth quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock worth $29,000 after buying an additional 948 shares during the last quarter. Finally, Cerity Partners LLC raised its position in Tenable by 10.8% during the fourth quarter. Cerity Partners LLC now owns 9,906 shares of the company’s stock worth $233,000 after acquiring an additional 965 shares in the last quarter. 89.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on TENB. Stephens boosted their price objective 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. Canaccord Genuity Group upped their price objective on Tenable from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Zacks Research downgraded Tenable from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Scotiabank dropped their price target on Tenable from $23.00 to $22.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 30th. Finally, Morgan Stanley set a $27.00 price objective on shares of Tenable in a research report on Thursday, April 30th. Nine investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Tenable presently has an average rating of “Hold” and an average price target of $29.16.

Tenable Stock Performance

TENB opened at $30.22 on Friday. Tenable Holdings, Inc. has a 1 year low of $15.73 and a 1 year high of $35.69. 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 company has a market capitalization of $3.33 billion, a PE ratio of -302.20 and a beta of 0.99. The business has a fifty day simple moving average of $24.45 and a 200 day simple moving average of $22.47.

Tenable (NASDAQ:TENB) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.06. The business had revenue of $262.06 million for the quarter, compared to analyst estimates of $258.83 million. Tenable had a negative net margin of 1.15% and a positive return on equity of 7.85%. Tenable’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period last year, the firm earned $0.36 earnings per share. Tenable has set its FY 2026 guidance at 1.900-1.980 EPS and its Q2 2026 guidance at 0.460-0.48 EPS. Research analysts expect that Tenable Holdings, Inc. will post 0.49 EPS for the current year.

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.