277,499 Shares in Tenable Holdings, Inc. $TENB Acquired by OP Asset Management Ltd

OP Asset Management Ltd acquired a new position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 277,499 shares of the company’s stock, valued at approximately $4,694,000. OP Asset Management Ltd owned approximately 0.24% of Tenable as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. CI Investments Inc. raised 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 worth $73,000 after acquiring an additional 713 shares during the last quarter. Quarry LP acquired a new stake in Tenable in the third quarter worth about $25,000. Perigon Wealth Management LLC increased its position in Tenable by 5.1% in the fourth quarter. Perigon Wealth Management LLC now owns 17,843 shares of the company’s stock worth $420,000 after purchasing an additional 872 shares during the period. Signaturefd LLC raised its holdings in Tenable by 312.9% during the 4th quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock worth $29,000 after purchasing an additional 948 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in Tenable by 10.8% during the 4th quarter. Cerity Partners LLC now owns 9,906 shares of the company’s stock worth $233,000 after purchasing an additional 965 shares during the last quarter. 89.06% of the stock is currently owned by institutional investors.

Tenable Stock Up 10.1%

NASDAQ:TENB opened at $30.22 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.42. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of -302.20 and a beta of 0.99. The stock has a 50-day moving average price of $24.45 and a two-hundred day moving average price of $22.47. Tenable Holdings, Inc. has a 1 year low of $15.73 and a 1 year high of $35.69.

Tenable (NASDAQ:TENB) last announced its 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 business had revenue of $262.06 million for the quarter, compared to analyst estimates of $258.83 million. Tenable had a positive return on equity of 7.85% and a negative net margin of 1.15%.Tenable’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter last 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. As a group, equities analysts expect that Tenable Holdings, Inc. will post 0.49 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on TENB shares. Needham & Company LLC lifted their price target 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. Susquehanna reduced their price objective 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. Wall Street Zen lowered shares of Tenable from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Stephens upped their target price on shares of Tenable from $24.00 to $29.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. Finally, Wells Fargo & Company increased their price target on Tenable from $19.00 to $20.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Nine research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Tenable currently has an average rating of “Hold” and a consensus price target of $29.16.

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.