Norges Bank Purchases New Shares in Tenable Holdings, Inc. $TENB

Norges Bank purchased a new stake in shares of Tenable Holdings, Inc. (NASDAQ:TENB) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,893,007 shares of the company’s stock, valued at approximately $44,542,000. Norges Bank owned approximately 1.59% of Tenable 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. UBS Group AG increased its holdings 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 purchasing an additional 2,369,402 shares in the last quarter. Shapiro Capital Management LLC increased its holdings in Tenable by 38.8% during the 3rd quarter. Shapiro Capital Management LLC now owns 3,612,353 shares of the company’s stock valued at $105,336,000 after purchasing an additional 1,010,230 shares in the last quarter. Barclays PLC increased its holdings in Tenable by 98.9% during the 3rd quarter. Barclays PLC now owns 1,675,871 shares of the company’s stock valued at $48,868,000 after purchasing an additional 833,125 shares in the last quarter. Vanguard Group Inc. increased its holdings in Tenable by 5.5% during the 3rd quarter. Vanguard Group Inc. now owns 14,962,471 shares of the company’s stock valued at $436,306,000 after purchasing an additional 778,699 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in Tenable by 11.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,179,473 shares of the company’s stock valued at $209,354,000 after purchasing an additional 713,291 shares in the last quarter. 89.06% of the stock is owned by institutional investors and hedge funds.

Tenable Stock Performance

TENB stock opened at $27.56 on Tuesday. Tenable Holdings, Inc. has a twelve month low of $15.73 and a twelve month high of $35.69. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.42. The company has a market cap of $3.04 billion, a P/E ratio of -275.60 and a beta of 0.98. The business’s fifty day moving average is $21.69 and its 200-day moving average is $22.35.

Tenable (NASDAQ:TENB) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.06. Tenable had a positive return on equity of 7.85% and a negative net margin of 1.15%.The business had revenue of $262.06 million for the quarter, compared to analyst estimates of $258.83 million. During the same period last year, the company earned $0.36 EPS. The firm’s revenue was up 9.6% on a year-over-year basis. 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 research analysts forecast that Tenable Holdings, Inc. will post 0.49 EPS for the current year.

Wall Street Analyst Weigh In

TENB has been the topic of a number of recent research reports. Morgan Stanley set a $27.00 price objective on Tenable in a research report on Thursday, April 30th. Canaccord Genuity Group increased their price objective on Tenable from $28.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Wedbush reiterated an “outperform” rating and issued a $29.00 price objective on shares of Tenable in a research report on Tuesday, May 26th. Needham & Company LLC increased their price objective on Tenable from $26.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Finally, Zacks Research lowered Tenable from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Nine analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price 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.