16,997 Tenable Holdings, Inc. $TENB Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lowered its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 19.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,678 shares of the company’s stock after selling 16,997 shares during the period. Prime Capital Investment Advisors LLC owned approximately 0.06% of Tenable worth $2,572,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in TENB. BlackRock Inc. bought a new position in Tenable in the 2nd quarter valued at approximately $498,387,000. The Manufacturers Life Insurance Company purchased a new stake in Tenable during the 2nd quarter valued at $76,759,000. Arrowstreet Capital Limited Partnership increased its holdings 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 worth $63,131,000 after purchasing an additional 2,375,587 shares in the last quarter. Freestone Grove Partners LP bought a new stake in shares of Tenable in the 2nd quarter worth $42,489,000. Finally, Bank of America Corp DE bought a new stake in shares of Tenable in the 2nd quarter worth $30,884,000. 89.06% of the stock is currently owned by hedge funds and other institutional investors.

Tenable Stock Up 4.3%

Shares of Tenable stock opened at $40.67 on Thursday. The company has a market cap of $4.48 billion, a price-to-earnings ratio of 813.56 and a beta of 1.01. The company’s 50 day moving average is $36.40 and its 200 day moving average is $31.06. Tenable Holdings, Inc. has a twelve month low of $15.73 and a twelve month high of $43.67. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.78.

Tenable (NASDAQ:TENB) last posted its 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 business had revenue of $268.51 million during the quarter, compared to the consensus estimate of $264.87 million. Tenable had a net margin of 0.65% and a return on equity of 14.90%. The firm’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. Research analysts anticipate that Tenable Holdings, Inc. will post 0.50 EPS for the current year.

Wall Street Analyst Weigh In

TENB has been the subject of several recent analyst reports. TD Cowen boosted their price target on Tenable from $38.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. UBS Group dropped their price objective on Tenable from $37.00 to $34.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th. Canaccord Genuity Group increased their price objective on Tenable from $30.00 to $36.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Wall Street Zen upgraded Tenable from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 17th. Finally, JPMorgan Chase & Co. boosted their target price on Tenable from $35.00 to $40.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 30th. Eight research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $35.60.

About Tenable

Tenable is a cybersecurity company that helps organizations identify, assess and reduce cyber risk across their technology environments. Its exposure management platform is designed to provide visibility into vulnerabilities and other security exposures affecting cloud systems, applications, endpoints, networks, operational technology, Internet of Things devices and identities.

The company’s product portfolio includes Nessus, a widely used vulnerability assessment solution, and Tenable One, an exposure management platform that brings together vulnerability management, cloud security, identity exposure and related capabilities.