25,764 Tenable Holdings, Inc. $TENB Shares Sold by Vontobel Holding Ltd.

by · The Cerbat Gem

Vontobel Holding Ltd. trimmed its position in Tenable Holdings, Inc. (NASDAQ:TENB – Free Report) by 6.1% during the third quarter, Holdings Channel reports. The institutional investor owned 396,892 shares of the company’s stock after selling 25,764 shares during the quarter. Vontobel Holding Ltd.’s holdings in Tenable were worth $14,443,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in shares of Tenable by 217.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,549 shares of the company’s stock valued at $60,000 after buying an additional 2,432 shares during the period. Harbor Investment Advisory LLC acquired a new position in shares of Tenable during the second quarter valued at $66,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Tenable during the second quarter valued at $81,000. KBC Group NV lifted its stake in shares of Tenable by 42.1% during the first quarter. KBC Group NV now owns 4,897 shares of the company’s stock valued at $83,000 after acquiring an additional 1,451 shares during the period. Finally, Persistent Asset Partners Ltd bought a new position in Tenable in the second quarter valued at about $88,000. 89.06% of the stock is owned by institutional investors and hedge funds.

Tenable Stock Performance

Shares of Tenable stock opened at $37.20 on Friday. The firm has a fifty day moving average of $36.26 and a two-hundred day moving average of $30.50. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of 744.15 and a beta of 1.01. Tenable Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $43.67. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.79 and a current ratio of 0.79.

Tenable (NASDAQ:TENB – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.04. Tenable had a return on equity of 14.90% and a net margin of 0.65%. The business had revenue of $268.51 million for the quarter, compared to analyst estimates of $264.87 million. During the same period last year, the company earned $0.34 EPS. The firm’s revenue was up 8.6% on a year-over-year basis. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS. As a group, equities research analysts predict that Tenable Holdings, Inc. will post 0.50 EPS for the current year.

Analyst Upgrades and Downgrades

TENB has been the subject of a number of research reports. Stifel Nicolaus lifted their price objective on Tenable from $26.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Needham & Company LLC boosted their price objective on Tenable from $30.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Scotiabank upgraded shares of Tenable from a “sector perform” rating to a “sector outperform” rating and set a $50.00 target price on the stock in a research report on Monday, July 6th. UBS Group reduced their target price on shares of Tenable from $37.00 to $34.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Finally, Susquehanna raised their target price on shares of Tenable from $26.00 to $36.00 and gave the company a “positive” rating in a research note on Thursday, July 30th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $34.84.

Read Our Latest Report on TENB

Tenable Company Profile

(Free Report)

Tenable Holdings, Inc (NASDAQ: TENB) is a cybersecurity company focused on exposure management, helping organizations identify, assess and reduce security risks across their technology environments. Its platform is designed to provide visibility into vulnerabilities and other exposures affecting networks, cloud infrastructure, applications, identities and operational technology.

The company’s product portfolio includes Tenable One, an exposure management platform, and Nessus, a widely used vulnerability assessment solution.

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