Tenable Jumps After S&P SmallCap 600 Addition Spurs Buying

Tenable Holdings (TENB) is up 12.2% at this time. Here is a few evaluation on what may need precipitated this value motion.

Analysis: The most certainly catalyst is Tenable’s deliberate addition to the S&P SmallCap 600 earlier than the market opens on August 31, 2026, a change that always creates near-term demand from index funds and different benchmark-tracking buyers. The transfer additionally seems to be supported by momentum from Tenable’s latest second-quarter outcomes, which beat expectations and included a better full-year outlook.

Details:

  • S&P Dow Jones Indices introduced that Tenable will change Leggett & Platt within the S&P SmallCap 600, with the change taking impact earlier than buying and selling begins on August 31.
  • Tenable’s July 29 earnings launch confirmed second-quarter income of $268.5 million, up 8.6% yr over yr, whereas non-GAAP diluted earnings per share rose to $0.51 from $0.34 a yr earlier.
  • The firm raised its full-year 2026 outlook, together with income steerage of $1.075 billion to $1.081 billion and non-GAAP diluted earnings per share of $1.95 to $2.00.
  • Recent working highlights included 381 new enterprise platform prospects, 32 web new six-figure prospects, and continued product exercise round Tenable One, Hexa AI, and AI-related partnerships.
  • Sources:

    S&P Global, Tenable, SEC

    Disclaimer: This value motion evaluation was generated with the assistance of AI. Please double-check the knowledge supplied for errors.

    $TENB Insider Trading Activity

    TENB Insider Trades

    $TENB insiders have traded $TENB inventory on the open market 7 occasions prior to now 6 months. Of these trades, 1 have been purchases and 6 have been gross sales.

    Here’s a breakdown of recent trading of $TENB stock by insiders over the past 6 months:

    • MATTHEW CHARLES BROWN (Chief Financial Officer) bought 12,000 shares for an estimated $258,480
    • LINDA KAY ZECHER has made 0 purchases and 5 gross sales promoting 4,010 shares for an estimated $141,151.
    • RAYMOND JR. VICKS offered 1,819 shares for an estimated $65,374

    To monitor insider transactions, take a look at Quiver Quantitative’s insider trading dashboard. You can entry information on insider inventory transactions via the Quiver Quantitative API insider transaction endpoint.

    EARLY ACCESS

    Receive TENB Data Alerts

    Real-time alerts on filings, insider trades, and market indicators — earlier than everybody else.


    Get Alerts →

    $TENB Hedge Fund Activity

    We have seen 176 institutional buyers add shares of $TENB inventory to their portfolio, and 200 lower their positions of their most up-to-date quarter.

    Here are a few of the largest latest strikes:

    To monitor hedge funds’ inventory portfolios, take a look at Quiver Quantitative’s institutional holdings dashboard. You can entry information on hedge funds strikes and 13F filings via the Quiver Quantitative API 13F endpoint.

    $TENB Analyst Ratings

    Wall Street analysts have issued studies on $TENB within the final a number of months. We have seen 1 corporations challenge purchase scores on the inventory, and 0 corporations challenge promote scores.

    Here are some latest analyst scores:

    • Canaccord Genuity issued a “Buy” ranking on 05/22/2026

    To monitor analyst scores and value targets for $TENB, take a look at Quiver Quantitative’s $TENB forecast page.

    $TENB Price Targets

    Multiple analysts have issued value targets for $TENB not too long ago. We have seen 12 analysts supply value targets for $TENB within the final 6 months, with a median goal of $27.5.

    Here are some latest targets:

    • Patrick Colville from Scotiabank set a goal value of $50.0 on 07/06/2026
    • Brian Essex from JP Morgan set a goal value of $40.0 on 06/30/2026
    • Todd Weller from Stephens & Co. set a goal value of $29.0 on 05/26/2026
    • Mike Cikos from Needham set a goal value of $30.0 on 05/22/2026
    • Adam Borg from Stifel set a goal value of $26.0 on 05/22/2026
    • Saket Kalia from Barclays set a goal value of $28.0 on 05/22/2026
    • Kingsley Crane from Canaccord Genuity set a goal value of $30.0 on 05/22/2026

    This article will not be monetary recommendation. See Quiver Quantitative’s disclaimers for extra data. Note that there could also be inaccuracies because of errors in ticker-mapping, and different anomalies.

    Leave a Reply

    Your email address will not be published. Required fields are marked *