Janney Montgomery Scott LLC Purchases New Holdings in Tenable Holdings, Inc. $TENB

Janney Montgomery Scott LLC acquired a new position in Tenable Holdings, Inc. (NASDAQ:TENB) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 12,602 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in Tenable during the 3rd quarter valued at $25,000. Kemnay Advisory Services Inc. purchased a new position in shares of Tenable during the fourth quarter valued at $28,000. Signaturefd LLC raised its position in Tenable by 312.9% during the fourth quarter. Signaturefd LLC now owns 1,251 shares of the company’s stock valued at $29,000 after buying an additional 948 shares during the period. Quadrant Capital Group LLC acquired a new position in Tenable during the fourth quarter valued at $38,000. Finally, Horizon Investments LLC purchased a new stake in Tenable in the 3rd quarter worth about $45,000. 89.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TENB has been the subject of several research reports. Canaccord Genuity Group raised their price target on shares of Tenable from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Wall Street Zen downgraded shares of Tenable from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 24th. Wedbush reissued an “outperform” rating and set a $29.00 target price on shares of Tenable in a research note on Tuesday, May 26th. Morgan Stanley set a $27.00 price target on shares of Tenable in a report on Thursday, April 30th. Finally, Stifel Nicolaus raised their price target on Tenable from $22.00 to $26.00 and gave the stock a “hold” rating in a research note on Friday, May 22nd. Ten research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $31.95.

Tenable Price Performance

Shares of Tenable stock opened at $39.88 on Monday. 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 firm has a fifty day simple moving average of $30.10 and a 200-day simple moving average of $23.95. The stock has a market capitalization of $4.40 billion, a price-to-earnings ratio of -398.80 and a beta of 0.93. Tenable Holdings, Inc. has a 1-year low of $15.73 and a 1-year high of $43.67.

Tenable (NASDAQ:TENB) last posted 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 negative net margin of 1.15% and a positive return on equity of 7.85%. Tenable’s revenue was up 9.6% compared to the same quarter last year. During the same period last year, the business 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, sell-side analysts expect that Tenable Holdings, Inc. will post 0.49 earnings per share for the current year.

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.