Tenable Holdings, Inc. $TENB Shares Bought by AlphaQuest LLC

AlphaQuest LLC boosted its stake in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 59.3% in the fourth quarter, Holdings Channel reports. The fund owned 113,292 shares of the company’s stock after purchasing an additional 42,194 shares during the period. AlphaQuest LLC’s holdings in Tenable were worth $2,666,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Tenable by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 15,427,510 shares of the company’s stock worth $363,009,000 after acquiring an additional 465,039 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Tenable by 11.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,179,473 shares of the company’s stock worth $209,354,000 after buying an additional 713,291 shares in the last quarter. Shapiro Capital Management LLC raised its stake in shares of Tenable by 38.8% during the 3rd quarter. Shapiro Capital Management LLC now owns 3,612,353 shares of the company’s stock worth $105,336,000 after buying an additional 1,010,230 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Tenable by 9.6% during the 3rd quarter. First Trust Advisors LP now owns 3,219,954 shares of the company’s stock worth $93,894,000 after buying an additional 282,265 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of Tenable by 327.6% during the 4th quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock worth $72,768,000 after buying an additional 2,369,402 shares in the last quarter. 89.06% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TENB has been the subject of a number of analyst reports. Cantor Fitzgerald reissued an “overweight” rating and set a $30.00 target price on shares of Tenable in a research note on Friday, January 30th. Scotiabank cut their target price on Tenable from $23.00 to $22.00 and set a “sector perform” rating for the company in a research note on Thursday, April 30th. UBS Group cut their target price on Tenable from $43.00 to $37.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Canaccord Genuity Group raised their price objective on Tenable from $28.00 to $30.00 and gave the company a “buy” rating in a research note on Friday. Finally, Wedbush reaffirmed an “outperform” rating and issued a $29.00 price objective on shares of Tenable in a research note on Tuesday. Nine equities 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. According to MarketBeat.com, Tenable currently has an average rating of “Hold” and a consensus price target of $29.16.

Tenable Price Performance

Shares of NASDAQ:TENB opened at $25.82 on Wednesday. The business’s fifty day moving average price is $20.16 and its two-hundred day moving average price is $22.29. The stock has a market cap of $2.85 billion, a PE ratio of -258.20 and a beta of 0.87. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.85 and a current ratio of 0.85. Tenable Holdings, Inc. has a one year low of $15.73 and a one year high of $35.69.

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