SG Americas Securities LLC Has $546,000 Holdings in Tenable Holdings, Inc. $TENB

SG Americas Securities LLC cut its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 65.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,252 shares of the company’s stock after selling 60,375 shares during the quarter. SG Americas Securities LLC’s holdings in Tenable were worth $546,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Quarry LP acquired a new stake in shares of Tenable during the third quarter valued at approximately $25,000. Kemnay Advisory Services Inc. acquired a new position in Tenable in the 4th quarter worth approximately $28,000. Signaturefd LLC grew its position 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 purchasing an additional 948 shares in the last quarter. Horizon Investments LLC purchased a new position in Tenable during the 3rd quarter worth approximately $45,000. Finally, Quadrant Capital Group LLC acquired a new stake in Tenable during the 4th quarter valued at $38,000. 89.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently issued reports on TENB. Canaccord Genuity Group increased their target price on Tenable from $28.00 to $30.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Scotiabank raised Tenable from a “sector perform” rating to a “sector outperform” rating and set a $50.00 price target on the stock in a research report on Monday. JPMorgan Chase & Co. increased their price objective on Tenable from $35.00 to $40.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 30th. Wells Fargo & Company raised their price objective on Tenable from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Finally, Robert W. Baird set a $34.00 target price on Tenable in a research note on Thursday, April 30th. Ten analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Tenable currently has an average rating of “Hold” and a consensus target price of $30.89.

Tenable Price Performance

Shares of TENB opened at $40.62 on Wednesday. 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 firm has a market cap of $4.48 billion, a PE ratio of -406.20 and a beta of 0.93. Tenable Holdings, Inc. has a twelve month low of $15.73 and a twelve month high of $42.94. The firm’s 50 day moving average price is $27.03 and its 200 day moving average price is $23.06.

Tenable (NASDAQ:TENB) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.47 earnings per share for the quarter, beating 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 business had revenue of $262.06 million for the quarter, compared to the consensus estimate of $258.83 million. During the same quarter last year, the firm earned $0.36 EPS. Tenable’s revenue for the quarter was up 9.6% on a year-over-year basis. 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, research analysts expect that Tenable Holdings, Inc. will post 0.49 EPS for the current fiscal 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.