15,878 Shares in Tenable Holdings, Inc. $TENB Bought by Glenmede Trust Co. NA

Glenmede Trust Co. NA purchased a new position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,878 shares of the company’s stock, valued at approximately $269,000.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Tenable by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 15,427,510 shares of the company’s stock worth $363,009,000 after buying an additional 465,039 shares during the period. Ameriprise Financial Inc. grew its holdings in Tenable by 11.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,179,473 shares of the company’s stock worth $209,354,000 after acquiring an additional 713,291 shares in the last quarter. First Trust Advisors LP increased its position in shares of Tenable by 31.8% in the 4th quarter. First Trust Advisors LP now owns 4,243,625 shares of the company’s stock valued at $99,852,000 after purchasing an additional 1,023,671 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Tenable by 175.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,732,271 shares of the company’s stock valued at $63,131,000 after purchasing an additional 2,375,587 shares during the last quarter. Finally, Shapiro Capital Management LLC raised its holdings in shares of Tenable by 38.8% in the 3rd quarter. Shapiro Capital Management LLC now owns 3,612,353 shares of the company’s stock valued at $105,336,000 after purchasing an additional 1,010,230 shares in the last quarter. Institutional investors and hedge funds own 89.06% of the company’s stock.

Tenable Price Performance

TENB stock opened at $36.38 on Monday. The company has a market cap of $4.01 billion, a price-to-earnings ratio of 727.75 and a beta of 0.94. The company has a fifty day moving average price of $33.09 and a 200 day moving average price of $25.10. 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 12 month low of $15.73 and a 12 month high of $43.67.

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

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TENB. Robert W. Baird set a $34.00 price objective on shares of Tenable in a research report on Thursday, April 30th. Stifel Nicolaus raised their price target on Tenable from $26.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday, July 30th. Cantor Fitzgerald lifted their price target on Tenable from $30.00 to $45.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Jefferies Financial Group decreased their price target on Tenable from $35.00 to $30.00 and set a “hold” rating for the company in a report on Thursday, July 30th. Finally, Piper Sandler cut Tenable from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $35.00 to $30.00 in a research report on Thursday, July 30th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Tenable currently has an average rating of “Hold” and an average target price of $34.68.

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.