Skandinaviska Enskilda Banken AB publ Has $23.86 Million Holdings in Tenable Holdings, Inc. $TENB

Skandinaviska Enskilda Banken AB publ grew its holdings in Tenable Holdings, Inc. (NASDAQ:TENB) by 101.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 818,218 shares of the company’s stock after purchasing an additional 412,016 shares during the period. Skandinaviska Enskilda Banken AB publ owned about 0.69% of Tenable worth $23,859,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in TENB. Elevation Point Wealth Partners LLC acquired a new position in Tenable in the 2nd quarter valued at approximately $37,000. Exchange Traded Concepts LLC purchased a new position in shares of Tenable during the 3rd quarter valued at $45,000. Abich Financial Wealth Management LLC acquired a new position in shares of Tenable in the third quarter worth $52,000. Nisa Investment Advisors LLC raised its holdings in shares of Tenable by 76.6% during the third quarter. Nisa Investment Advisors LLC now owns 2,683 shares of the company’s stock worth $78,000 after acquiring an additional 1,164 shares in the last quarter. Finally, State of Alaska Department of Revenue acquired a new stake in Tenable during the third quarter valued at $168,000. 89.06% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have weighed in on TENB. TD Cowen dropped their target price on Tenable from $45.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Zacks Research upgraded Tenable from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd. Scotiabank cut their price objective on shares of Tenable from $31.00 to $23.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. Stifel Nicolaus set a $24.00 target price on shares of Tenable in a research note on Thursday, February 5th. Finally, Wall Street Zen upgraded shares of Tenable from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $31.94.

Tenable Trading Down 2.0%

NASDAQ:TENB opened at $22.10 on Wednesday. The company’s 50 day moving average is $23.11 and its 200-day moving average is $26.93. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 1.03. Tenable Holdings, Inc. has a 12 month low of $19.15 and a 12 month high of $39.99. The firm has a market cap of $2.64 billion, a price-to-earnings ratio of -73.66 and a beta of 0.63.

Tenable (NASDAQ:TENB) last posted its earnings results on Wednesday, February 4th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.06. The business had revenue of $260.53 million for the quarter, compared to analyst estimates of $251.79 million. Tenable had a negative net margin of 3.61% and a positive return on equity of 0.20%. Tenable’s revenue was up 10.5% compared to the same quarter last year. During the same period last year, the business posted $0.41 EPS. Tenable has set its FY 2026 guidance at 1.810-1.900 EPS and its Q1 2026 guidance at 0.390-0.420 EPS. Equities analysts anticipate that Tenable Holdings, Inc. will post 0.12 EPS for the current year.

Insider Activity

In related news, Director Arthur W. Coviello, Jr. acquired 12,000 shares of the stock in a transaction dated Monday, February 9th. The shares were acquired at an average price of $21.50 per share, for a total transaction of $258,000.00. Following the completion of the purchase, the director owned 51,731 shares in the company, valued at approximately $1,112,216.50. The trade was a 30.20% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director A Brooke Seawell sold 115,000 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $24.82, for a total transaction of $2,854,300.00. The SEC filing for this sale provides additional information. 1.50% of the stock is currently owned by insiders.

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.