Barclays PLC Acquires 833,125 Shares of Tenable Holdings, Inc. $TENB

Barclays PLC boosted its holdings in Tenable Holdings, Inc. (NASDAQ:TENB) by 98.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,675,871 shares of the company’s stock after purchasing an additional 833,125 shares during the period. Barclays PLC owned about 1.40% of Tenable worth $48,868,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TENB. Cresset Asset Management LLC grew its holdings in shares of Tenable by 29.0% in the 3rd quarter. Cresset Asset Management LLC now owns 21,354 shares of the company’s stock valued at $623,000 after acquiring an additional 4,806 shares in the last quarter. Picton Mahoney Asset Management acquired a new position in shares of Tenable during the 3rd quarter worth approximately $919,000. Victory Capital Management Inc. raised its stake in shares of Tenable by 398.0% during the 3rd quarter. Victory Capital Management Inc. now owns 71,179 shares of the company’s stock worth $2,076,000 after purchasing an additional 56,885 shares in the last quarter. CI Investments Inc. boosted its holdings in shares of Tenable by 40.2% in the 3rd quarter. CI Investments Inc. now owns 2,487 shares of the company’s stock valued at $73,000 after buying an additional 713 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co grew its stake in shares of Tenable by 105.6% in the third quarter. Elo Mutual Pension Insurance Co now owns 33,998 shares of the company’s stock valued at $991,000 after buying an additional 17,463 shares in the last quarter. 89.06% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Tenable news, Director A Brooke Seawell sold 115,000 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $24.82, for a total transaction of $2,854,300.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Arthur W. Coviello, Jr. purchased 12,000 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was bought at an average cost of $21.50 per share, with a total value of $258,000.00. Following the purchase, the director owned 51,731 shares of the company’s stock, valued at $1,112,216.50. This represents a 30.20% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.50% of the stock is currently owned by company insiders.

Tenable Trading Down 0.1%

Shares of TENB stock opened at $21.02 on Tuesday. Tenable Holdings, Inc. has a 12-month low of $17.27 and a 12-month high of $37.90. The firm has a 50 day moving average price of $21.74 and a two-hundred day moving average price of $25.96. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $2.41 billion, a PE ratio of -70.06 and a beta of 0.67.

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

Analysts Set New Price Targets

TENB has been the topic of several analyst reports. Barclays dropped their price target on shares of Tenable from $33.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Monday, January 5th. JPMorgan Chase & Co. dropped their target price on shares of Tenable from $40.00 to $35.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Wells Fargo & Company assumed coverage on Tenable in a report on Tuesday, March 3rd. They set an “equal weight” rating and a $19.00 price target for the company. Stifel Nicolaus set a $24.00 price objective on Tenable in a research report on Thursday, February 5th. Finally, DA Davidson decreased their target price on Tenable from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Ten analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Tenable currently has an average rating of “Hold” and a consensus price target of $30.50.

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.