Vise Technologies Inc. purchased a new stake in Tenable Holdings, Inc. (NASDAQ:TENB – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 18,781 shares of the company’s stock, valued at approximately $693,000.
A number of other large investors have also made changes to their positions in TENB. Vanguard Group Inc. lifted its holdings in Tenable by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 15,427,510 shares of the company’s stock worth $363,009,000 after acquiring an additional 465,039 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Tenable in the second quarter worth about $498,387,000. Ameriprise Financial Inc. raised its position in shares of Tenable by 11.0% during the third quarter. Ameriprise Financial Inc. now owns 7,179,473 shares of the company’s stock worth $209,354,000 after purchasing an additional 713,291 shares during the period. First Trust Advisors LP raised its position in shares of Tenable by 31.8% during the fourth quarter. First Trust Advisors LP now owns 4,243,625 shares of the company’s stock worth $99,852,000 after purchasing an additional 1,023,671 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Tenable by 175.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,732,271 shares of the company’s stock valued at $63,131,000 after purchasing an additional 2,375,587 shares in the last quarter. Institutional investors own 89.06% of the company’s stock.
Tenable Price Performance
TENB stock opened at $34.38 on Monday. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a market capitalization of $3.79 billion, a P/E ratio of 687.74 and a beta of 0.94. Tenable Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $43.67. The business has a 50-day moving average of $34.76 and a 200-day moving average of $26.10.
Analysts Set New Price Targets
A number of analysts recently issued reports on TENB shares. William Blair cut Tenable from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 28th. Susquehanna lifted their price target on shares of Tenable from $26.00 to $36.00 and gave the company a “positive” rating in a research note on Thursday, July 30th. Wedbush reiterated an “outperform” rating and issued a $29.00 price target on shares of Tenable in a report on Tuesday, May 26th. TD Cowen increased their price objective on shares of Tenable from $38.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Finally, Cantor Fitzgerald raised their price objective on shares of Tenable from $30.00 to $45.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $34.68.
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.
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