Jupiter Topco LLC Makes New Investment in Tenable Holdings, Inc. $TENB

Jupiter Topco LLC acquired a new position in Tenable Holdings, Inc. (NASDAQ:TENB) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 226,837 shares of the company’s stock, valued at approximately $8,366,000. Jupiter Topco LLC owned about 0.21% of Tenable as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in shares of Tenable by 11.5% during the first quarter. Royal Bank of Canada now owns 124,839 shares of the company’s stock valued at $4,367,000 after purchasing an additional 12,868 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Tenable by 5.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 326,924 shares of the company’s stock valued at $11,436,000 after acquiring an additional 17,349 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Tenable by 83.6% during the 1st quarter. Jane Street Group LLC now owns 112,594 shares of the company’s stock valued at $3,939,000 after acquiring an additional 51,266 shares during the last quarter. Invesco Ltd. grew its stake in shares of Tenable by 12.9% in the second quarter. Invesco Ltd. now owns 121,530 shares of the company’s stock worth $4,105,000 after acquiring an additional 13,903 shares during the period. Finally, Amundi grew its stake in shares of Tenable by 52.0% in the second quarter. Amundi now owns 88,405 shares of the company’s stock worth $2,974,000 after acquiring an additional 30,256 shares during the period. 89.06% of the stock is owned by institutional investors.

Tenable Stock Performance

Tenable stock opened at $37.67 on Monday. Tenable Holdings, Inc. has a 1 year low of $15.73 and a 1 year high of $43.67. The firm’s 50 day moving average price is $35.57 and its 200-day moving average price is $26.61. 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 cap of $4.15 billion, a P/E ratio of 753.55 and a beta of 0.94.

Tenable (NASDAQ:TENB) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. Tenable had a return on equity of 14.90% and a net margin of 0.65%.The company had revenue of $268.51 million during the quarter, compared to analyst estimates of $264.87 million. During the same period in the prior year, the company 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, equities analysts predict that Tenable Holdings, Inc. will post 0.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently commented on TENB. Canaccord Genuity Group lifted their price objective on Tenable from $30.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. DA Davidson raised their target price on Tenable from $22.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, May 22nd. Weiss Ratings upgraded Tenable from a “sell (d-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Jefferies Financial Group reduced their price target on shares of Tenable from $35.00 to $30.00 and set a “hold” rating for the company in a research report on Thursday, July 30th. Finally, 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 note on Monday, July 13th. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $34.68.

Tenable Company 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.