Tenable Holdings, Inc. $TENB Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd cut its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 24.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 134,037 shares of the company’s stock after selling 44,069 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Tenable were worth $2,267,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TENB. SG Americas Securities LLC acquired a new stake in shares of Tenable during the 4th quarter valued at about $2,180,000. UBS Group AG raised its holdings in Tenable by 327.6% in the 4th 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. Vanguard Group Inc. boosted its position in Tenable by 3.1% during 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 in the last quarter. NewEdge Wealth LLC acquired a new stake in Tenable in the fourth quarter valued at approximately $754,000. Finally, Versor Investments LP acquired a new stake in Tenable in the fourth quarter valued at approximately $582,000. Institutional investors and hedge funds own 89.06% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TENB. Susquehanna reduced their target price on Tenable from $40.00 to $26.00 and set a “positive” rating for the company in a research note on Friday, May 1st. Barclays lifted their price target on shares of Tenable from $21.00 to $27.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. Scotiabank upgraded shares of Tenable from a “sector perform” rating to a “sector outperform” rating and set a $50.00 price objective for the company in a research report on Monday. Robert W. Baird set a $34.00 price objective on shares of Tenable in a report on Thursday, April 30th. Finally, Jefferies Financial Group boosted their target price on shares of Tenable from $22.00 to $27.00 and gave the stock a “hold” rating in a research note on Friday, May 22nd. Ten research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $30.89.

Tenable Stock Down 2.7%

Shares of TENB opened at $39.53 on Thursday. 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 $42.94. The stock has a market capitalization of $4.36 billion, a price-to-earnings ratio of -395.30 and a beta of 0.93. The stock has a 50 day moving average price of $27.41 and a 200 day moving average price of $23.16.

Tenable (NASDAQ:TENB) last announced its quarterly earnings data 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 positive return on equity of 7.85% and a negative net margin of 1.15%.The company had revenue of $262.06 million for the quarter, compared to analyst estimates of $258.83 million. During the same quarter last year, the firm posted $0.36 EPS. The firm’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. Equities research analysts forecast that Tenable Holdings, Inc. will post 0.49 earnings per share for the current fiscal year.

Tenable Company 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.