GSA Capital Partners LLP Purchases 40,275 Shares of Tenable Holdings, Inc. $TENB

GSA Capital Partners LLP lifted its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 127.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,916 shares of the company’s stock after acquiring an additional 40,275 shares during the period. GSA Capital Partners LLP’s holdings in Tenable were worth $1,692,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Summit Global Investments increased its position in shares of Tenable by 5.1% during the third quarter. Summit Global Investments now owns 12,930 shares of the company’s stock valued at $377,000 after acquiring an additional 632 shares in the last quarter. CI Investments Inc. increased its position in shares of Tenable by 40.2% during the third quarter. CI Investments Inc. now owns 2,487 shares of the company’s stock valued at $73,000 after acquiring an additional 713 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Tenable by 9.4% during the third quarter. Principal Financial Group Inc. now owns 9,300 shares of the company’s stock valued at $271,000 after acquiring an additional 799 shares in the last quarter. Quarry LP bought a new stake in shares of Tenable during the third quarter valued at approximately $25,000. Finally, Perigon Wealth Management LLC increased its position in shares of Tenable by 5.1% during the fourth quarter. Perigon Wealth Management LLC now owns 17,843 shares of the company’s stock valued at $420,000 after acquiring an additional 872 shares in the last quarter. Institutional investors own 89.06% of the company’s stock.

Tenable Stock Up 9.2%

Shares of TENB stock opened at $25.25 on Wednesday. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of -252.50 and a beta of 0.87. Tenable Holdings, Inc. has a one year low of $15.73 and a one year high of $35.69. The company’s fifty day moving average price is $19.66 and its 200-day moving average price is $22.39. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.85 and a quick ratio of 0.85.

Tenable (NASDAQ:TENB) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.06. The company had revenue of $262.06 million for the quarter, compared to the consensus estimate of $258.83 million. Tenable had a negative net margin of 1.15% and a positive return on equity of 7.85%. Tenable’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.36 EPS. Tenable has set its FY 2026 guidance at 1.900-1.980 EPS and its Q2 2026 guidance at 0.460-0.48 EPS. Sell-side analysts expect that Tenable Holdings, Inc. will post 0.49 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TENB. Wedbush dropped their target price on shares of Tenable from $32.00 to $27.00 and set an “outperform” rating on the stock in a report on Thursday, April 30th. DA Davidson dropped their target price on shares of Tenable from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Weiss Ratings restated a “sell (e+)” rating on shares of Tenable in a report on Tuesday, April 21st. Barclays raised their target price on shares of Tenable from $21.00 to $27.00 and gave the stock an “equal weight” rating in a report on Tuesday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $30.00 price target on shares of Tenable in a research note on Friday, January 30th. Nine investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $28.16.

Tenable 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.