Diversified Trust Co Grows Stake in Tenable Holdings, Inc. $TENB

Diversified Trust Co increased its stake in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 231.8% in the 1st quarter, Holdings Channel reports. The firm owned 28,288 shares of the company’s stock after purchasing an additional 19,762 shares during the period. Diversified Trust Co’s holdings in Tenable were worth $478,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TENB. Vanguard Group Inc. grew its holdings in shares of Tenable by 5.5% during the third quarter. Vanguard Group Inc. now owns 14,962,471 shares of the company’s stock worth $436,306,000 after buying an additional 778,699 shares in the last quarter. Barclays PLC lifted its stake in shares of Tenable by 98.9% in the third quarter. Barclays PLC now owns 1,675,871 shares of the company’s stock worth $48,868,000 after buying an additional 833,125 shares in the last quarter. First Trust Advisors LP boosted its position in Tenable by 9.6% during the third quarter. First Trust Advisors LP now owns 3,219,954 shares of the company’s stock worth $93,894,000 after acquiring an additional 282,265 shares during the last quarter. SG Americas Securities LLC acquired a new position in Tenable during the fourth quarter worth about $2,180,000. Finally, UBS Group AG grew its stake in 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 acquiring an additional 2,369,402 shares in the last quarter. 89.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TENB. Stephens increased their price objective on shares of Tenable from $24.00 to $29.00 and gave the company an “equal weight” rating in a report on Tuesday, May 26th. Morgan Stanley set a $27.00 price objective on Tenable in a research report on Thursday, April 30th. Wall Street Zen cut Tenable from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Canaccord Genuity Group lifted their price target on Tenable from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Finally, Needham & Company LLC raised their price objective on shares of Tenable from $26.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Nine investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $29.16.

Tenable Stock Performance

Shares of Tenable stock opened at $27.44 on Friday. Tenable Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $35.69. The business’s fifty day simple moving average is $24.22 and its 200-day simple moving average is $22.42. The firm has a market cap of $3.03 billion, a PE ratio of -274.40 and a beta of 0.99. 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 (NASDAQ:TENB) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.06. The firm had revenue of $262.06 million during the quarter, compared to the consensus estimate of $258.83 million. Tenable had a positive return on equity of 7.85% and a negative net margin of 1.15%.The company’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the company 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. Equities analysts forecast that Tenable Holdings, Inc. will post 0.49 earnings per share for the current year.

About Tenable

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.