Tenable Rises as Index Inclusion Appears to Drive Buying Interest

Tenable Holdings (TENB) is up 6.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst is Tenable’s addition to the S&P SmallCap 600, which can trigger demand from index funds and other benchmark-tracking investors. The move may also be getting support from the company’s recently improved operating momentum after a stronger second quarter and a higher full-year outlook.

Details:

Sources:

S&P Dow Jones Indices, Tenable, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TENB Insider Trading Activity

$TENB insiders have traded $TENB stock on the open market 7 times in the past 6 months. Of those trades, 1 have been purchases and 6 have been sales.

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

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

To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

$TENB Hedge Fund Activity

We have seen 164 institutional investors add shares of $TENB stock to their portfolio, and 170 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• AMERIPRISE FINANCIAL INC added 6,726,977 shares (+79.1%) to their portfolio in Q2 2026, for an estimated $248,090,911
• MACKENZIE FINANCIAL CORP removed 2,297,936 shares (-92.7%) from their portfolio in Q2 2026, for an estimated $84,747,879
• NORGES BANK removed 1,860,002 shares (-98.3%) from their portfolio in Q2 2026, for an estimated $68,596,873
• JACOBS LEVY EQUITY MANAGEMENT, INC removed 1,841,995 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $67,932,775
• ALYESKA INVESTMENT GROUP, L.P. removed 1,738,615 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $64,120,121
• D. E. SHAW & CO., INC. removed 1,334,603 shares (-96.3%) from their portfolio in Q2 2026, for an estimated $49,220,158
• SHAPIRO CAPITAL MANAGEMENT LLC removed 1,267,100 shares (-30.5%) from their portfolio in Q2 2026, for an estimated $46,730,648

To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

$TENB Analyst Ratings

Wall Street analysts have issued reports on $TENB in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Canaccord Genuity issued a "Buy" rating on 05/22/2026

To track analyst ratings and price targets for $TENB, check out Investivoq's $TENB forecast page.

$TENB Price Targets

Multiple analysts have issued price targets for $TENB recently. We have seen 12 analysts offer price targets for $TENB in the last 6 months, with a median target of $27.5.

Here are some recent targets:

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

This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.