EntryPoint Capital LLC Sells 811 Shares of Tenable Holdings, Inc. $TENB

EntryPoint Capital LLC cut its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 8.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,702 shares of the company’s stock after selling 811 shares during the period. EntryPoint Capital LLC’s holdings in Tenable were worth $304,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of TENB. Nuveen LLC bought a new stake in Tenable during the 1st quarter valued at $35,330,000. Shapiro Capital Management LLC raised its position in Tenable by 647.5% during the 4th quarter. Shapiro Capital Management LLC now owns 1,060,055 shares of the company’s stock valued at $41,745,000 after purchasing an additional 918,235 shares in the last quarter. Penserra Capital Management LLC raised its position in Tenable by 47.6% during the 1st quarter. Penserra Capital Management LLC now owns 1,687,589 shares of the company’s stock valued at $59,031,000 after purchasing an additional 544,375 shares in the last quarter. Alyeska Investment Group L.P. raised its position in Tenable by 904.0% during the 4th quarter. Alyeska Investment Group L.P. now owns 417,128 shares of the company’s stock valued at $16,427,000 after purchasing an additional 375,581 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. bought a new stake in Tenable during the 4th quarter valued at $10,641,000. 89.06% of the stock is owned by institutional investors.

Insider Transactions at Tenable

In other news, insider Barron Anschutz sold 970 shares of the firm’s stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $33.08, for a total value of $32,087.60. Following the completion of the sale, the insider owned 58,311 shares of the company’s stock, valued at $1,928,927.88. This trade represents a 1.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Stephen A. Vintz sold 3,386 shares of the firm’s stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $32.45, for a total value of $109,875.70. Following the completion of the sale, the chief executive officer directly owned 328,008 shares of the company’s stock, valued at $10,643,859.60. The trade was a 1.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold 7,494 shares of company stock valued at $243,791 in the last quarter. 1.50% of the stock is currently owned by corporate insiders.

Tenable Stock Up 2.0%

Tenable stock opened at $30.68 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $3.72 billion, a price-to-earnings ratio of -82.92 and a beta of 0.76. Tenable Holdings, Inc. has a 1-year low of $28.51 and a 1-year high of $45.44. The business has a fifty day moving average price of $32.21 and a 200-day moving average price of $33.78.

Tenable (NASDAQ:TENB) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.04. The firm had revenue of $247.30 million during the quarter, compared to analysts’ expectations of $242.15 million. Tenable had a negative return on equity of 3.32% and a negative net margin of 4.74%.The business’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.31 EPS. Tenable has set its FY 2025 guidance at 1.450-1.530 EPS. Q3 2025 guidance at 0.360-0.370 EPS. Equities research analysts forecast that Tenable Holdings, Inc. will post 0.12 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Stifel Nicolaus lifted their target price on Tenable from $30.00 to $35.00 and gave the company a “hold” rating in a research report on Thursday, July 31st. Needham & Company LLC lifted their price target on Tenable from $35.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, July 31st. UBS Group lifted their price target on Tenable from $40.00 to $43.00 and gave the company a “buy” rating in a report on Thursday, July 31st. JPMorgan Chase & Co. cut their price target on Tenable from $53.00 to $43.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. Finally, Stephens downgraded Tenable from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 1st. Nine equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $41.06.

Tenable Company Profile

Tenable Holdings, Inc provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization’s IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities.