Ieq Capital LLC Makes New Investment in Tenable Holdings, Inc. $TENB

Ieq Capital LLC acquired a new stake in Tenable Holdings, Inc. (NASDAQ:TENB) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 525,271 shares of the company’s stock, valued at approximately $19,372,000. Ieq Capital LLC owned 0.48% of Tenable at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC raised its stake in shares of Tenable by 36.2% during the 2nd quarter. GAMMA Investing LLC now owns 2,524 shares of the company’s stock worth $93,000 after purchasing an additional 671 shares during the period. Fulton Bank N.A. grew its position in Tenable by 7.0% during the first quarter. Fulton Bank N.A. now owns 11,645 shares of the company’s stock valued at $197,000 after buying an additional 758 shares during the period. Quarry LP purchased a new stake in Tenable during the third quarter worth about $25,000. Cerity Partners LLC raised its position in Tenable by 10.8% in the fourth quarter. Cerity Partners LLC now owns 9,906 shares of the company’s stock worth $233,000 after acquiring an additional 965 shares during the period. Finally, ProShare Advisors LLC raised its position in Tenable by 4.7% in the fourth quarter. ProShare Advisors LLC now owns 22,208 shares of the company’s stock worth $523,000 after acquiring an additional 997 shares during the period. 89.06% of the stock is owned by hedge funds and other institutional investors.

Tenable Price Performance

TENB opened at $34.38 on Friday. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 687.74 and a beta of 0.94. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.78. The firm has a 50-day moving average price of $34.76 and a 200-day moving average price of $26.07. Tenable Holdings, Inc. has a twelve month low of $15.73 and a twelve month high of $43.67.

Tenable (NASDAQ:TENB) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.04. The company had revenue of $268.51 million for the quarter, compared to analyst estimates of $264.87 million. Tenable had a net margin of 0.65% and a return on equity of 14.90%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.34 earnings per share. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS. Equities analysts expect that Tenable Holdings, Inc. will post 0.5 EPS for the current year.

Analyst Ratings Changes

TENB has been the subject of a number of research reports. Wells Fargo & Company reduced their target price on shares of Tenable from $43.00 to $35.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Stifel Nicolaus lifted their price target on shares of Tenable from $26.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Canaccord Genuity Group upped their price objective on Tenable from $30.00 to $36.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Needham & Company LLC increased their price objective on Tenable from $30.00 to $36.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, Robert W. Baird set a $34.00 target price on Tenable in a research report on Thursday, April 30th. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $34.68.

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.