FireEye, Inc. (NASDAQ:FEYE) EVP Alexa King sold 25,000 shares of FireEye stock in a transaction that occurred on Tuesday, October 10th. The stock was sold at an average price of $18.00, for a total value of $450,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Alexa King also recently made the following trade(s):
- On Thursday, August 3rd, Alexa King sold 69,884 shares of FireEye stock. The stock was sold at an average price of $14.46, for a total value of $1,010,522.64.
Shares of FireEye, Inc. (NASDAQ:FEYE) traded down 2.18% during midday trading on Tuesday, hitting $17.51. The stock had a trading volume of 3,627,538 shares. The stock has a 50 day moving average price of $16.15 and a 200-day moving average price of $14.81. FireEye, Inc. has a 52 week low of $10.35 and a 52 week high of $18.00. The stock’s market capitalization is $3.19 billion.
FireEye (NASDAQ:FEYE) last posted its quarterly earnings results on Tuesday, August 1st. The information security company reported ($0.26) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.39) by $0.13. The company had revenue of $185.50 million for the quarter, compared to the consensus estimate of $176.39 million. FireEye had a negative return on equity of 26.21% and a negative net margin of 46.37%. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.33) EPS. Equities research analysts anticipate that FireEye, Inc. will post ($0.21) earnings per share for the current year.
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Several brokerages have recently commented on FEYE. Vetr upgraded FireEye from a “buy” rating to a “strong-buy” rating and set a $17.31 target price for the company in a research report on Tuesday, July 4th. Stifel Nicolaus reiterated a “buy” rating on shares of FireEye in a research report on Wednesday, July 19th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $23.00 target price on shares of FireEye in a research report on Wednesday, August 2nd. BMO Capital Markets lifted their target price on FireEye from $15.00 to $17.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 2nd. Finally, Evercore ISI set a $20.00 target price on FireEye and gave the stock a “buy” rating in a research report on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, twenty have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $16.95.
Several hedge funds have recently bought and sold shares of the company. Exencial Wealth Advisors LLC lifted its stake in shares of FireEye by 0.7% in the 2nd quarter. Exencial Wealth Advisors LLC now owns 15,330 shares of the information security company’s stock valued at $233,000 after purchasing an additional 100 shares during the period. Cutter & CO Brokerage Inc. lifted its stake in shares of FireEye by 1.4% in the 2nd quarter. Cutter & CO Brokerage Inc. now owns 14,400 shares of the information security company’s stock valued at $219,000 after purchasing an additional 200 shares during the period. Sigma Planning Corp lifted its stake in shares of FireEye by 2.5% in the 2nd quarter. Sigma Planning Corp now owns 10,759 shares of the information security company’s stock valued at $164,000 after purchasing an additional 266 shares during the period. Verition Fund Management LLC lifted its stake in shares of FireEye by 3.8% in the 2nd quarter. Verition Fund Management LLC now owns 12,769 shares of the information security company’s stock valued at $194,000 after purchasing an additional 469 shares during the period. Finally, Teacher Retirement System of Texas lifted its stake in shares of FireEye by 5.5% in the 2nd quarter. Teacher Retirement System of Texas now owns 12,925 shares of the information security company’s stock valued at $197,000 after purchasing an additional 670 shares during the period. 67.59% of the stock is currently owned by institutional investors.
FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series).
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