226,837 Shares in Tenable Holdings, Inc. $TENB Purchased by Jupiter Topco LLC

Jupiter Topco LLC acquired a new stake in shares of Tenable Holdings, Inc. (NASDAQ:TENB) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 226,837 shares of the company’s stock, valued at approximately $8,366,000.

Several other institutional investors also recently bought and sold shares of the business. BlackRock Inc. purchased a new position in Tenable in the second quarter valued at about $498,387,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Tenable by 175.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,732,271 shares of the company’s stock valued at $63,131,000 after buying an additional 2,375,587 shares in the last quarter. UBS Group AG grew its position in shares of Tenable by 327.6% in the 4th quarter. UBS Group AG now owns 3,092,577 shares of the company’s stock worth $72,768,000 after buying an additional 2,369,402 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of Tenable in the 2nd quarter worth approximately $76,759,000. Finally, Norges Bank bought a new position in shares of Tenable during the 4th quarter worth approximately $44,542,000. 89.06% of the stock is owned by hedge funds and other institutional investors.

Tenable Price Performance

Shares of TENB opened at $37.67 on Monday. Tenable Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $43.67. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.78. The company has a market capitalization of $4.15 billion, a price-to-earnings ratio of 753.55 and a beta of 0.94. The stock’s 50-day moving average price is $35.57 and its 200-day moving average price is $26.61.

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

Analyst Upgrades and Downgrades

Several brokerages have recently commented on TENB. UBS Group decreased their price objective on Tenable from $37.00 to $34.00 and set a “neutral” rating for the company in a report on Thursday, July 30th. Susquehanna upped their target price on Tenable from $26.00 to $36.00 and gave the company a “positive” rating in a research report on Thursday, July 30th. Wall Street Zen raised Tenable from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 1st. Weiss Ratings upgraded Tenable from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Finally, Barclays cut their price objective on shares of Tenable from $41.00 to $38.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tenable presently has an average rating of “Hold” and an average price target of $34.68.

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.