OLD National Bancorp IN raised its holdings in FireEye Inc (NASDAQ:FEYE) by 16.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,634 shares of the information security company’s stock after buying an additional 3,706 shares during the quarter. OLD National Bancorp IN’s holdings in FireEye were worth $364,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in the business. Teachers Advisors LLC raised its stake in shares of FireEye by 22.9% in the second quarter. Teachers Advisors LLC now owns 205,415 shares of the information security company’s stock worth $3,124,000 after purchasing an additional 38,231 shares during the last quarter. Northern Trust Corp raised its stake in shares of FireEye by 30.8% in the second quarter. Northern Trust Corp now owns 937,251 shares of the information security company’s stock worth $14,256,000 after purchasing an additional 220,537 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of FireEye by 2.2% in the second quarter. California Public Employees Retirement System now owns 347,600 shares of the information security company’s stock worth $5,287,000 after purchasing an additional 7,500 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of FireEye by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 216,202 shares of the information security company’s stock worth $3,289,000 after purchasing an additional 682 shares during the last quarter. Finally, State Street Corp raised its stake in shares of FireEye by 1.5% in the second quarter. State Street Corp now owns 2,050,241 shares of the information security company’s stock worth $31,188,000 after purchasing an additional 30,285 shares during the last quarter. Institutional investors own 67.92% of the company’s stock.
Several research analysts have recently issued reports on FEYE shares. Oppenheimer restated a “buy” rating and issued a $23.00 price objective on shares of FireEye in a research note on Thursday, October 19th. Evercore ISI restated a “buy” rating and issued a $20.00 price objective on shares of FireEye in a research note on Thursday, November 2nd. Dougherty & Co upgraded FireEye from a “neutral” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Thursday, November 2nd. Stephens reaffirmed a “buy” rating and set a $23.00 target price on shares of FireEye in a report on Friday, February 9th. Finally, Barclays raised their target price on FireEye from $16.00 to $17.00 and gave the stock an “equal weight” rating in a report on Friday, February 9th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $18.09.
Shares of FireEye Inc (FEYE) opened at $16.58 on Thursday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.99 and a quick ratio of 1.98. The stock has a market capitalization of $3,051.24, a P/E ratio of -9.70 and a beta of 0.57. FireEye Inc has a 12 month low of $10.35 and a 12 month high of $18.00.
FireEye (NASDAQ:FEYE) last issued its quarterly earnings results on Thursday, February 8th. The information security company reported $0.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.02. FireEye had a negative return on equity of 24.59% and a negative net margin of 40.43%. The firm had revenue of $202.30 million for the quarter, compared to analyst estimates of $193.74 million. During the same period in the previous year, the company posted ($0.03) earnings per share. The business’s revenue was up 9.5% on a year-over-year basis. research analysts predict that FireEye Inc will post -0.83 EPS for the current fiscal year.
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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