Skip to Main Content
American Flag
LABOR DAY SALE

50% off your first year of any Quiver subscription

...

Use Promo Code:

LABOR26
American Flag
×
Quiver Logo Get a Free Trial on Quiver Premium Today!
Back to News

Tenable Rises as Index Inclusion Appears to Drive Buying Interest

None

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:

  • S&P Dow Jones Indices said Tenable would join the S&P SmallCap 600, replacing Leggett & Platt effective before the market open on August 31, 2026.
  • Index additions often create near-term buying pressure because funds tied to the benchmark need to own the new constituent.
  • Tenable’s second-quarter 2026 results showed revenue growth to $268.5 million, and the company said it exceeded internal expectations on revenue and profitability.
  • Tenable also raised its full-year 2026 outlook, which suggests investors were already seeing improving business momentum before this latest move.
  • 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 Insider Trades

    $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 Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

    EARLY ACCESS
    Receive TENB Data Alerts
    Real-time alerts on filings, insider trades, and market signals — before everyone else.
    Get Alerts →

    $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:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative 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 Quiver Quantitative'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 Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.

    Add Quiver Quantitative to your preferred sources on Google Google News Logo

    Suggested Articles