Illinois Municipal Retirement Fund Takes Position in Tenable Holdings, Inc. (NASDAQ:TENB)
Posted by MarketBeat News on Jul 3rd, 2025 Illinois Municipal Retirement Fund acquired a new position in shares of Tenable Holdings, Inc. (NASDAQ:TENB – Free Report) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 18,872 shares of the company’s stock, valued at approximately $660,000. Several other large investors have also made changes to their positions in TENB. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Tenable by 858.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 642 shares of the company’s stock valued at $25,000 after buying an additional 575 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC acquired a new position in shares of Tenable during the 4th quarter valued at $35,000. SBI Securities Co. Ltd. purchased a new stake in Tenable during the 4th quarter worth $38,000. Johnson Financial Group Inc. acquired a new stake in Tenable in the 4th quarter valued at $53,000. Finally, Byrne Asset Management LLC raised its position in Tenable by 115.4% in the first quarter. Byrne Asset Management LLC now owns 1,357 shares of the company’s stock valued at $47,000 after purchasing an additional 727 shares during the period. 89.06% of the stock is owned by hedge funds and other institutional investors. Tenable Stock Up 0.2% Shares of NASDAQ:TENB opened at $33.64 on Thursday. Tenable Holdings, Inc. has a 1-year low of $28.75 and a 1-year high of $49.18. The company’s fifty day moving average is $32.47 and its two-hundred day moving average is $36.12. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a market capitalization of $4.11 billion, a price-to-earnings ratio of -90.92 and a beta of 0.80. Tenable (NASDAQ:TENB – Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.08. The company had revenue of $239.14 million during the quarter, compared to the consensus estimate of $234.12 million. Tenable had a negative net margin of 4.86% and a negative return on equity of 3.11%. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 earnings per share. Equities analysts anticipate that Tenable Holdings, Inc. will post 0.12 EPS for the current year. Insiders Place Their Bets In other news, CEO Stephen A. Vintz sold 6,499 shares of Tenable stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $31.98, for a total transaction of $207,838.02. Following the transaction, the chief executive officer directly owned 331,394 shares in the company, valued at approximately $10,597,980.12. This trade represents a 1.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mark C. Thurmond sold 5,577 shares of the company’s stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $31.98, for a total value of $178,352.46. Following the completion of the sale, the chief executive officer owned 75,210 shares of the company’s stock, valued at approximately $2,405,215.80. This trade represents a 6.90% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,845 shares of company stock worth $637,709. 1.50% of the stock is owned by company insiders. Wall Street Analysts Forecast Growth A number of equities research analysts have recently issued reports on the company. Scotiabank lowered their target price on Tenable from $45.00 to $30.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 30th. UBS Group dropped their price objective on shares of Tenable from $47.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, April 30th. Needham & Company LLC decreased their target price on shares of Tenable from $50.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, April 30th. Cantor Fitzgerald initiated coverage on shares of Tenable in a research note on Monday, March 31st. They set an “overweight” rating and a $50.00 price target on the stock. Finally, DA Davidson decreased their price objective on shares of Tenable from $45.00 to $28.00 and set a “neutral” rating for the company in a research report on Wednesday, April 30th. Eight equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $40.44. Read Our Latest Report on TENB Tenable Profile (Free Report) Tenable Holdings, Inc provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization’s IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities. 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