Quantinno Capital Management LP Purchases 146,312 Shares of Tenable Holdings, Inc. $TENB

Quantinno Capital Management LP grew its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 169.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 232,512 shares of the company’s stock after purchasing an additional 146,312 shares during the period. Quantinno Capital Management LP’s holdings in Tenable were worth $3,933,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Tenable by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 15,427,510 shares of the company’s stock worth $363,009,000 after acquiring an additional 465,039 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Tenable by 11.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,179,473 shares of the company’s stock valued at $209,354,000 after purchasing an additional 713,291 shares during the last quarter. First Trust Advisors LP increased its holdings 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 worth $99,852,000 after purchasing an additional 1,023,671 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Tenable by 175.1% in the first 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 during the last quarter. Finally, Shapiro Capital Management LLC raised its stake in shares of Tenable by 38.8% in the third quarter. Shapiro Capital Management LLC now owns 3,612,353 shares of the company’s stock worth $105,336,000 after purchasing an additional 1,010,230 shares during the last quarter. Institutional investors own 89.06% of the company’s stock.

Analyst Ratings Changes

TENB has been the topic of a number of research analyst reports. 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. Barclays decreased their target price on Tenable from $41.00 to $38.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Morgan Stanley set a $27.00 target price on shares of Tenable in a research note on Thursday, April 30th. TD Cowen lifted their price target on shares of Tenable from $38.00 to $44.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Finally, Wells Fargo & Company reduced their price target on shares of Tenable from $43.00 to $35.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $34.68.

Tenable Stock Up 0.6%

Tenable stock opened at $36.38 on Friday. Tenable Holdings, Inc. has a one year low of $15.73 and a one year high of $43.67. The stock has a fifty day moving average of $33.09 and a 200 day moving average of $25.08. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.85 and a current ratio of 0.79. The stock has a market cap of $4.01 billion, a PE ratio of 727.75 and a beta of 0.94.

Tenable (NASDAQ:TENB) last announced its earnings results 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. The business had revenue of $268.51 million for the quarter, compared to analysts’ expectations of $264.87 million. Tenable had a return on equity of 14.90% and a net margin of 0.65%.The business’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same period last year, the firm posted $0.34 earnings per share. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS. As a group, sell-side analysts predict that Tenable Holdings, Inc. will post 0.5 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.