Hsbc Holdings PLC Purchases 27,825 Shares of Tenable Holdings, Inc. $TENB

Hsbc Holdings PLC lifted its holdings in shares of Tenable Holdings, Inc. (NASDAQ:TENB) by 19.0% during the fourth quarter, HoldingsChannel reports. The firm owned 173,914 shares of the company’s stock after acquiring 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 SEC filing.

Several other institutional investors have also modified their holdings of TENB. Quarry LP acquired a new position in shares of Tenable in the 3rd quarter valued at approximately $25,000. Kemnay Advisory Services Inc. acquired a new stake in Tenable during the 4th quarter worth approximately $28,000. 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 buying an additional 948 shares during the period. Quadrant Capital Group LLC bought a new position in Tenable in the fourth quarter valued at approximately $38,000. Finally, Horizon Investments LLC bought a new position in Tenable in the third quarter valued at approximately $45,000. Institutional investors own 89.06% of the company’s stock.

Tenable Stock Up 4.7%

TENB stock opened at $41.37 on Friday. Tenable Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $42.94. The stock has a market capitalization of $4.56 billion, a price-to-earnings ratio of -413.70 and a beta of 0.93. The business’s fifty day moving average price is $27.83 and its two-hundred day moving average price is $23.27. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.85 and a quick ratio of 0.85.

Tenable (NASDAQ:TENB) last released its 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. The company 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 quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the firm posted $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, equities analysts anticipate that Tenable Holdings, Inc. will post 0.49 earnings per share for the current year.

Analyst Ratings Changes

TENB has been the topic of a number of research analyst reports. Robert W. Baird set a $34.00 price objective on shares of Tenable in a report on Thursday, April 30th. William Blair cut Tenable from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 28th. Needham & Company LLC lifted their price target on Tenable from $26.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Stephens boosted their price target on Tenable from $24.00 to $29.00 and gave the company an “equal weight” rating in a report on Tuesday, May 26th. Finally, Wall Street Zen cut Tenable from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 24th. Ten investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $30.89.

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.