Somewhat Positive Press Coverage Somewhat Unlikely to Impact FireEye (FEYE) Stock Price

News articles about FireEye (NASDAQ:FEYE) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FireEye earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media headlines about the information security company an impact score of 45.4406492372936 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the media headlines that may have impacted Accern Sentiment’s scoring:

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FEYE stock traded down $0.35 during trading on Friday, reaching $17.33. The company’s stock had a trading volume of 2,581,830 shares, compared to its average volume of 3,502,009. FireEye has a 1 year low of $11.82 and a 1 year high of $18.84. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.92 and a current ratio of 1.93. The firm has a market capitalization of $3,387.06, a PE ratio of -15.90 and a beta of 0.38.

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 24.93% and a negative net margin of 40.43%. The business had revenue of $202.30 million during the quarter, compared to analyst estimates of $193.74 million. During the same quarter in the prior year, the business posted ($0.03) EPS. FireEye’s revenue for the quarter was up 9.5% compared to the same quarter last year. sell-side analysts forecast that FireEye will post -0.83 EPS for the current fiscal year.

Several equities analysts have recently weighed in on the company. BidaskClub raised FireEye from a “hold” rating to a “buy” rating in a report on Saturday. Stephens reissued a “buy” rating and set a $23.00 price target on shares of FireEye in a report on Friday, February 9th. BMO Capital Markets raised their target price on FireEye from $16.00 to $17.00 and gave the stock a “market perform” rating in a report on Friday, February 9th. Wedbush reaffirmed a “positive” rating and issued a $14.12 target price (down from $16.00) on shares of FireEye in a report on Friday, February 9th. Finally, UBS raised FireEye from a “neutral” rating to a “positive” rating in a report on Friday, February 9th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. FireEye currently has an average rating of “Buy” and an average target price of $18.26.

In other news, President Travis M. Reese sold 100,000 shares of the firm’s stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $17.50, for a total transaction of $1,750,000.00. Following the completion of the transaction, the president now owns 810,829 shares in the company, valued at $14,189,507.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Alexa King sold 108,565 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $16.31, for a total value of $1,770,695.15. Following the transaction, the executive vice president now owns 514,800 shares of the company’s stock, valued at approximately $8,396,388. The disclosure for this sale can be found here. Insiders sold a total of 478,215 shares of company stock valued at $7,889,025 in the last quarter. 2.40% of the stock is currently owned by company insiders.

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FireEye Company Profile

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).

Insider Buying and Selling by Quarter for FireEye (NASDAQ:FEYE)

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