November 30, 2016 - By Adrian Mccoy · 0 Comments
Fireeye Inc (NASDAQ:FEYE) institutional sentiment decreased to 0.96 in 2016 Q2. Its down -0.12, from 1.08 in 2016Q1. The ratio worsened, as 143 active investment managers opened new and increased holdings, while 132 reduced and sold their equity positions in Fireeye Inc. The active investment managers in our partner’s database now own: 84.94 million shares, up from 77.54 million shares in 2016Q1. Also, the number of active investment managers holding Fireeye Inc in their top 10 holdings increased from 4 to 5 for an increase of 1. Sold All: 55 Reduced: 77 Increased: 95 New Position: 48.
FireEye, Inc. provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. The company has a market cap of $2.18 billion. The Company’s cybersecurity solutions combine its purpose-built virtual-machine technology, threat intelligence and security in a suite of services and products. It currently has negative earnings. The Company’s cybersecurity platform includes a family of software appliances, endpoint agents, cloud subscription services, support and maintenance and other services.
The stock closed at $12.82 during the last session. It is down 29.83% since April 27, 2016 and is downtrending. It has underperformed by 35.06% the S&P500.
Analysts await FireEye Inc (NASDAQ:FEYE) to report earnings on February, 9. They expect $-0.49 EPS, up 32.88% or $0.24 from last year’s $-0.73 per share. After $-0.46 actual EPS reported by FireEye Inc for the previous quarter, Wall Street now forecasts 6.52% negative EPS growth.
According to Zacks Investment Research, “FireEye Inc. provides security platform for cyber-attacks to enterprises and governments. The Company offers web security, email security, file security and malware analysis. It provides products and services through distributors, resellers and strategic partners primarily in the United States, the Asia Pacific, Japan, Europe, the Middle East, Africa and internationally. FireEye Inc. is headquartered in Milpitas, California.”
Kingdom Ridge Capital Llc holds 8% of its portfolio in FireEye Inc for 994,800 shares. Trellus Management Company Llc owns 226,638 shares or 6.07% of their US portfolio. Moreover, Terril Brothers Inc. has 3.65% invested in the company for 500,320 shares. The New York-based Hilltop Park Associates Llc has invested 3.43% in the stock. Barton Investment Management, a Pennsylvania-based fund reported 450,904 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 5 selling transactions for $299,574 net activity.
Ratings analysis reveals 33% of Fireeye Inc’s analysts are positive. Out of 27 Wall Street analysts rating Fireeye Inc, 9 give it “Buy”, 2 “Sell” rating, while 16 recommend “Hold”. The lowest target is $11 while the high is $65. The stock’s average target of $27.96 is 118.10% above today’s ($12.82) share price. FEYE was included in 67 notes of analysts from July 24, 2015. The company was maintained on Thursday, November 5 by Wunderlich. The stock has “Equal-Weight” rating given by Barclays Capital on Friday, February 12. As per Monday, September 26, the company rating was reinitiated by Deutsche Bank. The firm earned “Buy” rating on Thursday, November 5 by Stifel Nicolaus. Oppenheimer upgraded FireEye Inc (NASDAQ:FEYE) on Wednesday, July 29 to “Outperform” rating. The firm has “Equal-Weight” rating given on Thursday, November 5 by Morgan Stanley. Wells Fargo maintained the stock with “Outperform” rating in Thursday, September 17 report. FBR Capital downgraded the shares of FEYE in a report on Thursday, November 5 to “Mkt Perform” rating. On Friday, May 6 the stock rating was maintained by UBS with “Neutral”. The stock of FireEye Inc (NASDAQ:FEYE) has “Neutral” rating given on Friday, March 11 by UBS.
FireEye, Inc., incorporated on February 18, 2004, provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. The Company’s cybersecurity solutions combine its purpose-built virtual-machine technology, threat intelligence and security in a suite of services and products. The Company’s cybersecurity platform includes a family of software appliances, endpoint agents, cloud subscription services, support and maintenance and other services. The Company’s threat prevention appliance families address vectors of attack, such as Web, e-mail, file, endpoint and mobile. The Firm operates throughout the United States and various international locations, including Australia, Dubai, India, Ireland, Japan, South Korea, Singapore, Taiwan, Turkey and the United Kingdom. The Company’s marketing activities include demand generation, advertising, product launch activities, managing its corporate Website and partner portal, trade shows and conferences, press and analyst relations, and customer awareness.
More recent FireEye Inc (NASDAQ:FEYE) news were published by: Marketwatch.com which released: “FireEye’s stock soars as cost-cutting leads to big earnings beat” on November 03, 2016. Also Fool.com published the news titled: “Better Buy: FireEye Inc vs. CyberArk” on November 10, 2016. Profitconfidential.com‘s news article titled: “FireEye Inc: What’s Making FEYE Stock So Hot Right Now?” with publication date: November 08, 2016 was also an interesting one.
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By Adrian Mccoy