Hsbc Holdings PLC Increases Holdings in Tenable Holdings, Inc. $TENB

Hsbc Holdings PLC grew its position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 19.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 173,914 shares of the company’s stock after buying an additional 27,825 shares during the quarter. Hsbc Holdings PLC’s holdings in Tenable were worth $4,109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of TENB. Barclays PLC increased its position in Tenable by 98.9% during the third quarter. Barclays PLC now owns 1,675,871 shares of the company’s stock valued at $48,868,000 after acquiring an additional 833,125 shares during the last quarter. First Trust Advisors LP boosted its position in Tenable by 9.6% in the third quarter. First Trust Advisors LP now owns 3,219,954 shares of the company’s stock worth $93,894,000 after purchasing an additional 282,265 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Tenable during the 4th quarter valued at about $2,180,000. UBS Group AG grew its stake in shares of Tenable by 327.6% during the 4th quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock valued at $72,768,000 after purchasing an additional 2,369,402 shares during the period. Finally, Vanguard Group Inc. increased its position in shares of Tenable by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 15,427,510 shares of the company’s stock valued at $363,009,000 after purchasing an additional 465,039 shares during the last quarter. 89.06% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. William Blair cut shares of Tenable from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 28th. Zacks Research lowered shares of Tenable from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Morgan Stanley set a $27.00 target price on shares of Tenable in a report on Thursday, April 30th. Robert W. Baird set a $34.00 price target on shares of Tenable in a research report on Thursday, April 30th. Finally, Susquehanna dropped their price target on shares of Tenable from $40.00 to $26.00 and set a “positive” rating on the stock in a research note on Friday, May 1st. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $29.16.

Tenable Stock Performance

Shares of TENB opened at $30.22 on Friday. The business has a 50-day simple moving average of $24.45 and a two-hundred day simple moving average of $22.47. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.42. Tenable Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $35.69. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of -302.20 and a beta of 0.99.

Tenable (NASDAQ:TENB) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.06. The firm had revenue of $262.06 million for the quarter, compared to analysts’ expectations of $258.83 million. Tenable had a positive return on equity of 7.85% and a negative net margin of 1.15%.The business’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the firm earned $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. On average, analysts expect that Tenable Holdings, Inc. will post 0.49 EPS for the current year.

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.