American Century Companies Inc. Purchases 36,581 Shares of Tenable Holdings, Inc. $TENB

American Century Companies Inc. boosted its holdings in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 4.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 875,844 shares of the company’s stock after purchasing an additional 36,581 shares during the period. American Century Companies Inc.’s holdings in Tenable were worth $29,586,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Allianz Asset Management GmbH bought a new position in shares of Tenable in the 1st quarter valued at $336,000. Charles Schwab Investment Management Inc. lifted its position in shares of Tenable by 3.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,031,226 shares of the company’s stock worth $36,072,000 after buying an additional 39,132 shares during the last quarter. Deutsche Bank AG boosted its stake in Tenable by 27.9% in the first quarter. Deutsche Bank AG now owns 380,605 shares of the company’s stock valued at $13,314,000 after buying an additional 83,029 shares in the last quarter. Headlands Technologies LLC bought a new position in Tenable in the first quarter valued at about $109,000. Finally, Invesco Ltd. grew its position in Tenable by 6.2% in the first quarter. Invesco Ltd. now owns 107,627 shares of the company’s stock valued at $3,765,000 after acquiring an additional 6,290 shares during the last quarter. Institutional investors and hedge funds own 89.06% of the company’s stock.

Tenable Stock Up 1.0%

Shares of NASDAQ:TENB opened at $26.53 on Monday. The firm has a market cap of $3.17 billion, a P/E ratio of -98.26 and a beta of 0.71. Tenable Holdings, Inc. has a 12-month low of $25.28 and a 12-month high of $45.44. The business has a fifty day simple moving average of $28.52 and a 200 day simple moving average of $30.67. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.03.

Tenable (NASDAQ:TENB) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.05. The company had revenue of $252.44 million during the quarter, compared to analyst estimates of $247.43 million. During the same period in the previous year, the company posted $0.32 EPS. The company’s quarterly revenue was up 11.2% on a year-over-year basis. Tenable has set its FY 2025 guidance at 1.510-1.540 EPS. Q4 2025 guidance at 0.390-0.430 EPS. Analysts predict that Tenable Holdings, Inc. will post 0.12 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on TENB shares. Weiss Ratings restated a “sell (e+)” rating on shares of Tenable in a research note on Wednesday, October 8th. JPMorgan Chase & Co. dropped their price objective on shares of Tenable from $44.00 to $40.00 and set an “overweight” rating for the company in a research note on Monday, October 27th. Barclays cut their target price on shares of Tenable from $39.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 14th. Wall Street Zen upgraded shares of Tenable from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $42.00 price target on shares of Tenable in a research note on Thursday, October 23rd. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $38.63.

Insider Buying and Selling

In other Tenable news, Director A Brooke Seawell sold 4,622 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $30.12, for a total transaction of $139,214.64. Following the completion of the transaction, the director owned 15,000 shares in the company, valued at approximately $451,800. This trade represents a 23.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Barron Anschutz sold 976 shares of the business’s stock in a transaction that occurred on Friday, October 17th. The stock was sold at an average price of $29.10, for a total transaction of $28,401.60. Following the completion of the transaction, the insider owned 61,420 shares in the company, valued at $1,787,322. This trade represents a 1.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.50% of the company’s stock.

Tenable 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.