97,122 Shares in Tenable Holdings, Inc. $TENB Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Tenable Holdings, Inc. (NASDAQ:TENB) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 97,122 shares of the company’s stock, valued at approximately $3,582,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.09% of Tenable at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Quarry LP purchased a new stake in shares of Tenable in the third quarter valued at approximately $25,000. Kemnay Advisory Services Inc. bought a new stake in Tenable during the 4th quarter valued at $28,000. Horizon Investments LLC purchased a new stake in shares of Tenable in the 3rd quarter worth $45,000. Quadrant Capital Group LLC purchased a new stake in shares of Tenable in the 4th quarter worth $38,000. Finally, Harbor Investment Advisory LLC bought a new position in shares of Tenable during the 2nd quarter worth $66,000. 89.06% of the stock is currently owned by institutional investors.

Tenable Trading Down 0.1%

Tenable stock opened at $33.67 on Thursday. The stock has a 50-day moving average of $36.18 and a two-hundred day moving average of $27.31. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.79 and a current ratio of 0.79. Tenable Holdings, Inc. has a one year low of $15.73 and a one year high of $43.67. The stock has a market cap of $3.71 billion, a PE ratio of 673.53 and a beta of 0.96.

Tenable (NASDAQ:TENB) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.04. The business had revenue of $268.51 million for 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 company’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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, research analysts anticipate that Tenable Holdings, Inc. will post 0.5 EPS for the current fiscal year.

Wall Street Analyst Weigh In

TENB has been the subject of several recent research reports. Stifel Nicolaus lifted their price objective on Tenable from $26.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, July 30th. 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 research note on Tuesday, June 30th. Wedbush restated an “outperform” rating and set a $29.00 target price on shares of Tenable in a report on Tuesday, May 26th. Cantor Fitzgerald lifted their price target on Tenable from $30.00 to $45.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Finally, Wells Fargo & Company decreased their price objective on 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 equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $34.68.

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.