Stephens Investment Management Group LLC Sells 467,324 Shares of Tenable Holdings, Inc. $TENB

Stephens Investment Management Group LLC lessened its holdings in Tenable Holdings, Inc. (NASDAQ:TENB) by 42.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 633,122 shares of the company’s stock after selling 467,324 shares during the quarter. Stephens Investment Management Group LLC owned 0.55% of Tenable worth $10,709,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Barclays PLC grew its holdings in Tenable by 98.9% in the 3rd quarter. Barclays PLC now owns 1,675,871 shares of the company’s stock worth $48,868,000 after acquiring an additional 833,125 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Tenable by 9.6% during the third quarter. First Trust Advisors LP now owns 3,219,954 shares of the company’s stock valued at $93,894,000 after acquiring an additional 282,265 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Tenable during the fourth quarter worth about $2,180,000. UBS Group AG boosted its holdings in shares of Tenable by 327.6% during the fourth quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock worth $72,768,000 after purchasing an additional 2,369,402 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Tenable by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 15,427,510 shares of the company’s stock worth $363,009,000 after purchasing an additional 465,039 shares during the last quarter. 89.06% of the stock is owned by institutional investors.

Tenable Stock Performance

Tenable stock opened at $38.60 on Monday. Tenable Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $39.43. The stock’s 50 day simple moving average is $26.18 and its two-hundred day simple moving average is $22.83. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of -386.00 and a beta of 0.93.

Tenable (NASDAQ:TENB) last announced its earnings results on Wednesday, April 29th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.06. The firm had revenue of $262.06 million during the quarter, compared to analyst estimates of $258.83 million. Tenable had a positive return on equity of 7.85% and a negative net margin of 1.15%.The business’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior 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. As a group, analysts expect that Tenable Holdings, Inc. will post 0.49 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TENB has been the subject of several research analyst reports. Canaccord Genuity Group increased their price objective on Tenable from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. DA Davidson boosted their target price on Tenable from $22.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Barclays upped their target price on Tenable from $21.00 to $27.00 and gave the company an “equal weight” rating in a report on Tuesday, May 19th. Stephens raised their price target on Tenable from $24.00 to $29.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. Finally, Wells Fargo & Company lifted their price target on shares of Tenable from $19.00 to $20.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Nine research 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’s stock. Based on data from MarketBeat.com, the company currently 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.