Sei Investments Co. Purchases 195,188 Shares of Tenable Holdings, Inc. $TENB

Sei Investments Co. raised its position in Tenable Holdings, Inc. (NASDAQ:TENB) by 192.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 296,604 shares of the company’s stock after purchasing an additional 195,188 shares during the quarter. Sei Investments Co.’s holdings in Tenable were worth $5,017,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in TENB. Group One Trading LLC boosted its position in shares of Tenable by 612.6% during the first quarter. Group One Trading LLC now owns 5,501 shares of the company’s stock valued at $93,000 after buying an additional 4,729 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Tenable by 231.4% in the first quarter. Dimensional Fund Advisors LP now owns 817,447 shares of the company’s stock worth $13,827,000 after buying an additional 570,760 shares during the period. KBC Group NV raised its holdings in shares of Tenable by 42.1% in the first quarter. KBC Group NV now owns 4,897 shares of the company’s stock worth $83,000 after buying an additional 1,451 shares during the period. SEB Asset Management AB bought a new stake in shares of Tenable during the 1st quarter worth approximately $18,935,000. Finally, Graphene Investments SAS lifted its stake in shares of Tenable by 15.2% during the 1st quarter. Graphene Investments SAS now owns 148,800 shares of the company’s stock worth $2,517,000 after acquiring an additional 19,600 shares during the last quarter. Institutional investors own 89.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Barclays dropped their price objective on Tenable from $41.00 to $38.00 and set an “equal weight” rating for the company in a report on Thursday, July 30th. Wall Street Zen upgraded Tenable from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Scotiabank upgraded Tenable from a “sector perform” rating to a “sector outperform” rating and set a $50.00 target price for the company in a research report on Monday, July 6th. Jefferies Financial Group lowered their target price on shares of Tenable from $35.00 to $30.00 and set a “hold” rating for the company in a research note on Thursday, July 30th. Finally, Piper Sandler cut shares of Tenable from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $35.00 to $30.00 in a report on Thursday, July 30th. Eight equities 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. Based on data from MarketBeat, Tenable presently has an average rating of “Hold” and a consensus target price of $34.68.

Tenable Stock Up 2.8%

Shares of NASDAQ TENB opened at $35.94 on Wednesday. Tenable Holdings, Inc. has a 52-week low of $15.73 and a 52-week high of $43.67. The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of 718.94 and a beta of 0.94. The stock has a 50 day moving average price of $32.49 and a 200 day moving average price of $24.80. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.85 and a current ratio of 0.85.

Tenable (NASDAQ:TENB) last released its quarterly earnings data on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.47 by $0.04. The company had revenue of $268.51 million for the quarter, compared to the consensus estimate of $264.87 million. Tenable had a return on equity of 13.58% and a net margin of 0.65%.Tenable’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period last year, the business posted $0.34 EPS. Tenable has set its FY 2026 guidance at 1.950-2.000 EPS and its Q3 2026 guidance at 0.490-0.520 EPS. Sell-side analysts expect that Tenable Holdings, Inc. will post 0.5 earnings per share for the current year.

Tenable 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.