Neuberger Berman Group LLC lifted its position in shares of FireEye Inc (NASDAQ:FEYE) by 9.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,726,371 shares of the information security company’s stock after acquiring an additional 237,575 shares during the quarter. Neuberger Berman Group LLC owned 1.48% of FireEye worth $45,721,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the stock. Exencial Wealth Advisors LLC grew its stake in shares of FireEye by 0.7% during the 2nd quarter. Exencial Wealth Advisors LLC now owns 15,330 shares of the information security company’s stock valued at $233,000 after buying an additional 100 shares during the period. Cutter & CO Brokerage Inc. boosted its position in 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 buying an additional 200 shares during the last quarter. Verition Fund Management LLC boosted its position in 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 buying an additional 469 shares during the last quarter. Teacher Retirement System of Texas boosted its position in 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 buying an additional 670 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in FireEye by 0.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 216,202 shares of the information security company’s stock valued at $3,289,000 after buying an additional 682 shares during the last quarter. Hedge funds and other institutional investors own 68.33% of the company’s stock.
Shares of FireEye Inc (NASDAQ:FEYE) traded up $0.17 during trading hours on Thursday, hitting $15.14. 2,535,093 shares of the stock traded hands, compared to its average volume of 2,780,000. The firm has a market cap of $2,790.00, a PE ratio of -9.12 and a beta of 0.52. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.98 and a current ratio of 1.99. 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 data on Wednesday, November 1st. The information security company reported ($0.04) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.03. The firm 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 business’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.18) earnings per share. sell-side analysts anticipate that FireEye Inc will post -1.07 EPS for the current year.
A number of brokerages have recently issued reports on FEYE. BidaskClub upgraded shares of FireEye from a “strong sell” rating to a “sell” rating in a research note on Friday, January 5th. Zacks Investment Research cut shares of FireEye from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. Wedbush restated a “neutral” rating and set a $14.00 target price on shares of FireEye in a report on Tuesday, November 14th. Cowen restated a “hold” rating and set a $16.00 target price on shares of FireEye in a report on Friday, November 3rd. Finally, Oppenheimer reduced their target price on shares of FireEye from $23.00 to $22.00 and set an “outperform” rating for the company in a report on Thursday, November 2nd. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $17.22.
In other news, Director Ronald E. F. Codd sold 6,767 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $13.57, for a total value of $91,828.19. Following the completion of the transaction, the director now owns 7,099 shares in the company, valued at $96,333.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.40% of the stock is owned by corporate insiders.
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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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