34,277 Shares in Tenable Holdings, Inc. $TENB Purchased by Bollard Group LLC

Bollard Group LLC acquired a new position in Tenable Holdings, Inc. (NASDAQ:TENB) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 34,277 shares of the company’s stock, valued at approximately $1,158,000.

Several other large investors have also bought and sold shares of TENB. Ameriprise Financial Inc. raised its position in shares of Tenable by 5.6% in the 1st quarter. Ameriprise Financial Inc. now owns 5,918,686 shares of the company’s stock worth $207,038,000 after acquiring an additional 312,299 shares in the last quarter. RGM Capital LLC grew its stake in Tenable by 2.0% in the first quarter. RGM Capital LLC now owns 3,772,624 shares of the company’s stock worth $131,966,000 after purchasing an additional 72,607 shares during the period. Assenagon Asset Management S.A. raised its holdings in Tenable by 1,043.7% in the second quarter. Assenagon Asset Management S.A. now owns 3,239,624 shares of the company’s stock worth $109,434,000 after purchasing an additional 2,956,367 shares in the last quarter. First Trust Advisors LP raised its holdings in Tenable by 10.4% in the second quarter. First Trust Advisors LP now owns 2,937,689 shares of the company’s stock worth $99,235,000 after purchasing an additional 276,211 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Tenable by 1.5% during the second quarter. Geode Capital Management LLC now owns 2,906,858 shares of the company’s stock valued at $98,206,000 after buying an additional 42,223 shares during the period. 89.06% of the stock is owned by institutional investors.

Tenable Price Performance

Shares of TENB opened at $26.40 on Monday. Tenable Holdings, Inc. has a twelve month low of $25.28 and a twelve month high of $45.44. The company has a market capitalization of $3.15 billion, a P/E ratio of -97.78 and a beta of 0.73. The firm has a 50 day moving average of $28.18 and a 200 day moving average of $30.46. 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 (NASDAQ:TENB) last issued its earnings results on Wednesday, October 29th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.37 by $0.05. The business had revenue of $252.44 million for the quarter, compared to analysts’ expectations of $247.43 million. The business’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.32 earnings per share. Tenable has set its FY 2025 guidance at 1.510-1.540 EPS and its Q4 2025 guidance at 0.390-0.430 EPS. As a group, equities research analysts anticipate that Tenable Holdings, Inc. will post 0.12 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on TENB shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Tenable in a research report on Wednesday, October 8th. DA Davidson set a $32.00 price objective on shares of Tenable in a research note on Thursday, October 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $42.00 target price on shares of Tenable in a research note on Thursday, October 23rd. Barclays lowered their target price on shares of Tenable from $39.00 to $33.00 and set an “equal weight” rating for the company in a report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. cut their price target on Tenable from $44.00 to $40.00 and set an “overweight” rating on the stock in a research note on Monday, October 27th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $38.63.

Insider Activity at Tenable

In related news, insider Barron Anschutz sold 976 shares of the stock in a transaction on Friday, October 17th. The stock was sold at an average price of $29.10, for a total transaction of $28,401.60. Following the sale, the insider directly owned 61,420 shares of the company’s stock, valued at $1,787,322. This trade represents a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.50% of the stock is owned by company insiders.

Tenable Profile

Tenable Holdings, Inc provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization’s IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities.