Hsbc Holdings PLC Grows Position in Tenable Holdings, Inc. $TENB

Hsbc Holdings PLC lifted its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 19.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 173,914 shares of the company’s stock after purchasing an additional 27,825 shares during the quarter. Hsbc Holdings PLC owned about 0.15% of Tenable worth $4,109,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TENB. Royal Bank of Canada lifted its position in Tenable by 11.5% during the first quarter. Royal Bank of Canada now owns 124,839 shares of the company’s stock valued at $4,367,000 after buying an additional 12,868 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Tenable by 5.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 326,924 shares of the company’s stock worth $11,436,000 after buying an additional 17,349 shares during the period. Jane Street Group LLC grew its position in shares of Tenable by 83.6% in the 1st quarter. Jane Street Group LLC now owns 112,594 shares of the company’s stock worth $3,939,000 after buying an additional 51,266 shares during the period. Invesco Ltd. increased its stake in shares of Tenable by 12.9% in the 2nd quarter. Invesco Ltd. now owns 121,530 shares of the company’s stock worth $4,105,000 after acquiring an additional 13,903 shares in the last quarter. Finally, Amundi increased its stake in shares of Tenable by 52.0% in the 2nd quarter. Amundi now owns 88,405 shares of the company’s stock worth $2,974,000 after acquiring an additional 30,256 shares in the last quarter. 89.06% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TENB has been the topic of several research reports. Canaccord Genuity Group boosted their price objective on shares of Tenable from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Susquehanna decreased their target price on shares of Tenable from $40.00 to $26.00 and set a “positive” rating for the company in a research note on Friday, May 1st. Stephens lifted their target price on shares of Tenable from $24.00 to $29.00 and gave the company an “equal weight” rating in a report on Tuesday, May 26th. Wall Street Zen cut Tenable from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Tenable in a research note on Tuesday, April 21st. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Tenable currently has an average rating of “Hold” and an average price target of $29.16.

Tenable Trading Up 10.1%

Shares of NASDAQ:TENB opened at $30.22 on Friday. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.85 and a quick ratio of 0.85. Tenable Holdings, Inc. has a 1 year low of $15.73 and a 1 year high of $35.69. The company has a market cap of $3.33 billion, a P/E ratio of -302.20 and a beta of 0.99. The stock’s fifty day moving average price is $24.45 and its 200-day moving average price is $22.47.

Tenable (NASDAQ:TENB) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.41 by $0.06. The company had revenue of $262.06 million during the quarter, compared to the consensus estimate of $258.83 million. Tenable had a positive return on equity of 7.85% and a negative net margin of 1.15%.Tenable’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same period last year, the company earned $0.36 EPS. Tenable has set its FY 2026 guidance at 1.900-1.980 EPS and its Q2 2026 guidance at 0.460-0.48 EPS. Sell-side analysts expect that Tenable Holdings, Inc. will post 0.49 earnings per share for the current year.

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.