Quantbot Technologies LP Has $11.12 Million Holdings in Tenable Holdings, Inc. $TENB

Quantbot Technologies LP boosted its stake in Tenable Holdings, Inc. (NASDAQ:TENB) by 758.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 329,249 shares of the company’s stock after buying an additional 290,889 shares during the quarter. Quantbot Technologies LP’s holdings in Tenable were worth $11,122,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Allianz Asset Management GmbH acquired a new position in Tenable in the first quarter valued at about $336,000. Charles Schwab Investment Management Inc. boosted its stake in Tenable by 3.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,031,226 shares of the company’s stock worth $36,072,000 after purchasing an additional 39,132 shares in the last quarter. Deutsche Bank AG grew its stake in shares of Tenable by 27.9% during the first quarter. Deutsche Bank AG now owns 380,605 shares of the company’s stock valued at $13,314,000 after purchasing an additional 83,029 shares during the last quarter. Headlands Technologies LLC bought a new stake in Tenable during the 1st quarter worth about $109,000. Finally, Invesco Ltd. raised its stake in shares of Tenable by 6.2% during the first quarter. Invesco Ltd. now owns 107,627 shares of the company’s stock worth $3,765,000 after buying an additional 6,290 shares during the last quarter. Institutional investors own 89.06% of the company’s stock.

Tenable Stock Down 0.9%

Tenable stock opened at $26.27 on Tuesday. The company has a market capitalization of $3.14 billion, a PE ratio of -97.30 and a beta of 0.73. The firm’s fifty day moving average is $28.44 and its 200 day moving average is $30.62. 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 $25.28 and a 12-month high of $45.44.

Tenable (NASDAQ:TENB) last released its quarterly earnings data on Wednesday, October 29th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.05. The business had revenue of $252.44 million for the quarter, compared to analyst estimates of $247.43 million. The business’s quarterly revenue was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.32 EPS. Tenable has set its FY 2025 guidance at 1.510-1.540 EPS. Q4 2025 guidance at 0.390-0.430 EPS. As a group, sell-side analysts predict that Tenable Holdings, Inc. will post 0.12 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director A Brooke Seawell sold 4,622 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $30.12, for a total transaction of $139,214.64. Following the completion of the transaction, the director owned 15,000 shares in the company, valued at approximately $451,800. This represents a 23.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $28,401.60. Following the sale, the insider owned 61,420 shares in the company, valued at approximately $1,787,322. This represents a 1.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on TENB. Cantor Fitzgerald reissued an “overweight” rating and set a $42.00 price objective on shares of Tenable in a research note on Thursday, October 23rd. Canaccord Genuity Group decreased their price objective on Tenable from $45.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, October 30th. DA Davidson set a $32.00 price objective on shares of Tenable in a research note on Thursday, October 30th. Barclays cut their price target on Tenable from $39.00 to $33.00 and set an “equal weight” rating for the company in a report on Tuesday, October 14th. Finally, Scotiabank decreased their target price on Tenable from $37.00 to $31.00 and set a “sector perform” rating on the stock in a research report on Thursday, October 30th. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Tenable currently has a consensus rating of “Hold” and an average target price of $38.63.

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.