Corient Private Wealth LLC Takes Position in Tenable Holdings, Inc. $TENB

Corient Private Wealth LLC purchased a new position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 71,528 shares of the company’s stock, valued at approximately $1,683,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quarry LP bought a new position in shares of Tenable during the third quarter valued at $25,000. Kemnay Advisory Services Inc. acquired a new position in Tenable during the 4th quarter worth about $28,000. Signaturefd LLC lifted its holdings in Tenable by 312.9% during the 4th quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock worth $29,000 after buying an additional 948 shares during the period. Horizon Investments LLC bought a new stake in shares of Tenable in the 3rd quarter valued at about $45,000. Finally, Quadrant Capital Group LLC bought a new stake in shares of Tenable in the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 89.06% of the company’s stock.

Tenable Stock Performance

Shares of TENB opened at $36.88 on Wednesday. Tenable Holdings, Inc. has a one year low of $15.73 and a one year high of $37.24. The company has a market cap of $4.07 billion, a PE ratio of -368.80 and a beta of 0.99. The stock has a 50-day moving average of $25.09 and a 200-day moving average of $22.56. 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 (NASDAQ:TENB) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.06. The business had revenue of $262.06 million for 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%.The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same period in the prior year, the business 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. On average, equities research analysts predict that Tenable Holdings, Inc. will post 0.49 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TENB. Canaccord Genuity Group increased their price target on Tenable from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Susquehanna cut their price objective on Tenable from $40.00 to $26.00 and set a “positive” rating on the stock in a research note on Friday, May 1st. Wall Street Zen cut Tenable from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 24th. Weiss Ratings reissued a “sell (e+)” rating on shares of Tenable in a research report on Tuesday, April 21st. Finally, Jefferies Financial Group raised their price target on shares of Tenable from $22.00 to $27.00 and gave the stock a “hold” rating in a report on Friday, May 22nd. Nine investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $29.42.

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.