17,617 Shares in Tenable Holdings, Inc. $TENB Purchased by Parallax Volatility Advisers L.P.

Parallax Volatility Advisers L.P. acquired a new position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 17,617 shares of the company’s stock, valued at approximately $650,000.

Several other large investors have also made changes to their positions in the company. Quarry LP bought a new stake in Tenable in the third quarter worth approximately $25,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Tenable in the 4th quarter valued at $28,000. Horizon Investments LLC bought a new stake in Tenable in the third quarter worth $45,000. Quadrant Capital Group LLC acquired a new stake in shares of Tenable in the fourth quarter worth $38,000. Finally, Harbor Investment Advisory LLC acquired a new position in Tenable in the 2nd quarter valued at $66,000. Institutional investors own 89.06% of the company’s stock.

Tenable Price Performance

Shares of TENB stock opened at $33.66 on Thursday. The stock’s fifty day simple moving average is $35.14 and its 200 day simple moving average is $26.38. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market cap of $3.71 billion, a price-to-earnings ratio of 673.33 and a beta of 0.94. Tenable Holdings, Inc. has a one year low of $15.73 and a one year high of $43.67.

Tenable (NASDAQ:TENB) last released 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. The firm had revenue of $268.51 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the prior year, the company 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. On average, analysts expect that Tenable Holdings, Inc. will post 0.5 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TENB. Piper Sandler cut shares of Tenable from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $35.00 to $30.00 in a report on Thursday, July 30th. Wedbush reissued an “outperform” rating and issued a $29.00 price target on shares of Tenable in a report on Tuesday, May 26th. JPMorgan Chase & Co. boosted their price objective on shares of Tenable from $35.00 to $40.00 and gave the stock an “overweight” rating in a report on Tuesday, June 30th. Scotiabank raised Tenable from a “sector perform” rating to a “sector outperform” rating and set a $50.00 price target for the company in a report on Monday, July 6th. Finally, DA Davidson increased their price objective on shares of Tenable from $22.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Eight equities research 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 MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $34.68.

Tenable Company 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.