13,559 Shares in Tenable Holdings, Inc. $TENB Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in Tenable Holdings, Inc. (NASDAQ:TENB) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 13,559 shares of the company’s stock, valued at approximately $500,000.

Other hedge funds also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in Tenable during the 3rd quarter worth $25,000. Kemnay Advisory Services Inc. purchased a new stake in Tenable during the 4th quarter valued at approximately $28,000. Quadrant Capital Group LLC acquired a new position in shares of Tenable during the fourth quarter worth about $38,000. Horizon Investments LLC purchased a new stake in Tenable in the 3rd quarter valued at approximately $45,000. Finally, Los Angeles Capital Management LLC acquired a new position in Tenable during the 4th quarter worth approximately $48,000. 89.06% of the stock is currently owned by hedge funds and other institutional investors.

Tenable Price Performance

Shares of NASDAQ:TENB opened at $37.67 on Friday. The business’s 50 day simple moving average is $35.57 and its 200-day simple moving average is $26.58. The firm has a market capitalization of $4.15 billion, a price-to-earnings ratio of 753.55 and a beta of 0.94. 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 released its quarterly 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 during the quarter, compared to the consensus estimate of $264.87 million. Tenable had a return on equity of 14.90% and a net margin of 0.65%.The business’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the company 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. As a group, equities analysts forecast that Tenable Holdings, Inc. will post 0.5 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. DA Davidson increased their target price on Tenable from $22.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. Truist Financial decreased their price target on Tenable from $40.00 to $30.00 and set a “hold” rating on the stock in a research note on Thursday, July 30th. Stifel Nicolaus upped their price objective on Tenable from $26.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Weiss Ratings upgraded Tenable from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. Finally, Cantor Fitzgerald raised their target price on Tenable from $30.00 to $45.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Tenable currently has an average rating of “Hold” and a consensus price target 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.