Quantbot Technologies LP raised its stake in FireEye, Inc. (NASDAQ:FEYE) by 1,373.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,470 shares of the information security company’s stock after acquiring an additional 65,686 shares during the quarter. Quantbot Technologies LP’s holdings in FireEye were worth $1,181,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FEYE. Oppenheimer & Co. Inc. lifted its stake in shares of FireEye by 13.2% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 243,614 shares of the information security company’s stock valued at $3,705,000 after buying an additional 28,450 shares in the last quarter. Unterberg Capital LLC purchased a new stake in shares of FireEye during the 2nd quarter valued at approximately $4,031,000. Canada Pension Plan Investment Board lifted its stake in shares of FireEye by 31.9% during the 2nd quarter. Canada Pension Plan Investment Board now owns 68,700 shares of the information security company’s stock valued at $1,045,000 after buying an additional 16,600 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of FireEye by 20.3% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 62,940 shares of the information security company’s stock valued at $957,000 after buying an additional 10,631 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its stake in shares of FireEye by 1.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 563,845 shares of the information security company’s stock valued at $8,577,000 after buying an additional 7,877 shares in the last quarter. Hedge funds and other institutional investors own 66.93% of the company’s stock.
Shares of FireEye, Inc. (NASDAQ FEYE) traded up $0.17 on Tuesday, reaching $13.93. 2,797,100 shares of the company’s stock traded hands, compared to its average volume of 5,523,075. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.99 and a quick ratio of 1.98. FireEye, Inc. has a fifty-two week low of $10.35 and a fifty-two week high of $18.00.
FireEye (NASDAQ:FEYE) last announced its quarterly earnings results on Wednesday, November 1st. The information security company reported ($0.04) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.03. The business had revenue of $189.60 million during the quarter, compared to analysts’ expectations of $186.41 million. FireEye had a negative net margin of 39.29% and a negative return on equity of 23.71%. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.18) EPS. equities research analysts forecast that FireEye, Inc. will post -1.07 EPS for the current fiscal year.
A number of analysts recently commented on the stock. Northland Securities set a $22.00 price target on shares of FireEye and gave the company a “buy” rating in a research note on Thursday, October 12th. Cowen and Company reaffirmed a “hold” rating and set a $15.00 target price on shares of FireEye in a report on Thursday, October 12th. BMO Capital Markets reaffirmed a “hold” rating and set a $17.00 target price on shares of FireEye in a report on Thursday, October 5th. Standpoint Research lowered shares of FireEye from a “buy” rating to a “hold” rating and set a $18.00 target price on the stock. in a report on Monday, September 18th. They noted that the move was a valuation call. Finally, Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $23.00 target price on shares of FireEye in a report on Monday, September 18th. Two research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. FireEye has a consensus rating of “Hold” and a consensus target price of $17.22.
In other FireEye news, Director Ronald E. F. Codd sold 6,767 shares of the stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $13.57, for a total transaction of $91,828.19. Following the completion of the sale, the director now owns 7,099 shares of the company’s stock, valued at approximately $96,333.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Alexa King sold 25,000 shares of the stock in a transaction on Tuesday, October 10th. The shares were sold at an average price of $18.00, for a total transaction of $450,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 131,767 shares of company stock valued at $2,291,828 in the last three months. 2.40% of the stock is currently owned by corporate insiders.
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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