BNP Paribas Financial Markets Purchases 104,729 Shares of Tenable Holdings, Inc. $TENB

BNP Paribas Financial Markets lifted its position in Tenable Holdings, Inc. (NASDAQ:TENB) by 16.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 733,541 shares of the company’s stock after acquiring an additional 104,729 shares during the period. BNP Paribas Financial Markets’ holdings in Tenable were worth $17,260,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. CI Investments Inc. lifted its stake in shares of Tenable by 40.2% in the third quarter. CI Investments Inc. now owns 2,487 shares of the company’s stock worth $73,000 after buying an additional 713 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Tenable by 9.4% during the 3rd quarter. Principal Financial Group Inc. now owns 9,300 shares of the company’s stock valued at $271,000 after acquiring an additional 799 shares during the last quarter. Quarry LP purchased a new stake in shares of Tenable during the 3rd quarter valued at about $25,000. Perigon Wealth Management LLC boosted its holdings in shares of Tenable by 5.1% during the 4th quarter. Perigon Wealth Management LLC now owns 17,843 shares of the company’s stock valued at $420,000 after acquiring an additional 872 shares during the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Tenable by 312.9% during the 4th quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock valued at $29,000 after acquiring an additional 948 shares during the last quarter. Institutional investors own 89.06% of the company’s stock.

Analyst Ratings Changes

TENB has been the topic of a number of recent analyst reports. Wedbush reaffirmed an “outperform” rating and set a $29.00 price target on shares of Tenable in a report on Tuesday, May 26th. Jefferies Financial Group raised their price target on shares of Tenable from $22.00 to $27.00 and gave the company a “hold” rating in a report on Friday, May 22nd. Needham & Company LLC raised their price target on shares of Tenable from $26.00 to $30.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Tenable in a report on Tuesday, April 21st. Finally, Zacks Research downgraded shares of Tenable from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 3rd. Nine analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $29.16.

Tenable Stock Performance

TENB opened at $27.85 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.42. The company has a market cap of $3.07 billion, a price-to-earnings ratio of -278.50 and a beta of 0.99. The company’s 50 day moving average is $21.51 and its 200 day moving average is $22.36. Tenable Holdings, Inc. has a 12-month low of $15.73 and a 12-month high of $35.69.

Tenable (NASDAQ:TENB) last released its earnings results on Wednesday, April 29th. The company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.41 by $0.06. Tenable had a negative net margin of 1.15% and a positive return on equity of 7.85%. The company had revenue of $262.06 million for the quarter, compared to analysts’ expectations of $258.83 million. During the same quarter last year, the business earned $0.36 EPS. The firm’s revenue was up 9.6% compared to the same quarter last year. Tenable has set its FY 2026 guidance at 1.900-1.980 EPS and its Q2 2026 guidance at 0.460-0.48 EPS. On average, equities research analysts predict that Tenable Holdings, Inc. will post 0.49 EPS for the current year.

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.