Vise Technologies Inc. Makes New Investment in Tenable Holdings, Inc. $TENB

Vise Technologies Inc. acquired a new position in shares of Tenable Holdings, Inc. (NASDAQ:TENB) in the second quarter, HoldingsChannel.com reports. The firm acquired 18,781 shares of the company’s stock, valued at approximately $693,000.

Other hedge funds also recently modified their holdings of the company. Quarry LP acquired a new stake in shares of Tenable in the third quarter valued at about $25,000. Kemnay Advisory Services Inc. bought a new stake in Tenable during the fourth quarter worth about $28,000. Quadrant Capital Group LLC bought a new stake in Tenable during the fourth quarter worth about $38,000. Horizon Investments LLC acquired a new position in Tenable during the third quarter valued at approximately $45,000. Finally, Los Angeles Capital Management LLC acquired a new position in Tenable during the fourth quarter valued at approximately $48,000. Institutional investors own 89.06% of the company’s stock.

Tenable Stock Performance

Tenable stock opened at $34.38 on Monday. The stock has a 50-day simple moving average of $34.76 and a 200 day simple moving average of $26.10. The stock has a market capitalization of $3.79 billion, a P/E ratio of 687.74 and a beta of 0.94. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.79 and a current ratio of 0.79. Tenable Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $43.67.

Tenable (NASDAQ:TENB) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.04. Tenable had a return on equity of 14.90% and a net margin of 0.65%.The firm had revenue of $268.51 million for the quarter, compared to analyst estimates of $264.87 million. During the same quarter in the prior year, the company earned $0.34 earnings per share. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS. Analysts expect that Tenable Holdings, Inc. will post 0.5 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Barclays lowered their price target on Tenable from $41.00 to $38.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Stephens increased their price objective on Tenable from $24.00 to $29.00 and gave the company an “equal weight” rating in a report on Tuesday, May 26th. Wells Fargo & Company decreased their target price on shares of Tenable from $43.00 to $35.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Wedbush restated an “outperform” rating and set a $29.00 target price on shares of Tenable in a report on Tuesday, May 26th. Finally, Needham & Company LLC upped their price target on shares of Tenable from $30.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $34.68.

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.