Insider Selling: FireEye Inc (FEYE) EVP Sells 3,156 Shares of Stock

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FireEye Inc (NASDAQ:FEYE) EVP Alexa King sold 3,156 shares of FireEye stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $15.37, for a total value of $48,507.72. Following the completion of the transaction, the executive vice president now directly owns 505,060 shares in the company, valued at $7,762,772.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Alexa King also recently made the following trade(s):

  • On Tuesday, February 19th, Alexa King sold 50,697 shares of FireEye stock. The stock was sold at an average price of $16.71, for a total value of $847,146.87.

NASDAQ:FEYE traded down $0.48 during trading hours on Monday, reaching $14.46. The company had a trading volume of 2,987,629 shares, compared to its average volume of 3,829,490. FireEye Inc has a one year low of $14.20 and a one year high of $20.61. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of -20.08 and a beta of 0.91. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.00 and a quick ratio of 1.99.

FireEye (NASDAQ:FEYE) last announced its quarterly earnings results on Tuesday, April 30th. The information security company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.02). FireEye had a negative net margin of 29.28% and a negative return on equity of 20.85%. The company had revenue of $210.54 million during the quarter, compared to the consensus estimate of $210.22 million. During the same quarter last year, the company earned ($0.04) earnings per share. The business’s revenue was up 5.8% on a year-over-year basis. Research analysts expect that FireEye Inc will post -0.54 EPS for the current fiscal year.

Several research analysts have commented on FEYE shares. Zacks Investment Research raised FireEye from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Monday, April 22nd. Robert W. Baird restated a “buy” rating and set a $23.00 price objective on shares of FireEye in a research report on Monday, April 29th. Wedbush lowered their price objective on FireEye from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Friday, February 8th. BTIG Research cut FireEye from a “buy” rating to a “neutral” rating and set a $16.30 price objective on the stock. in a research report on Thursday, February 7th. Finally, Mizuho assumed coverage on FireEye in a research report on Tuesday, March 26th. They set a “neutral” rating and a $18.00 price objective on the stock. One analyst has rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the stock. FireEye has a consensus rating of “Hold” and an average target price of $19.45.

A number of large investors have recently made changes to their positions in FEYE. Dimensional Fund Advisors LP grew its position in FireEye by 60.1% in the third quarter. Dimensional Fund Advisors LP now owns 20,556 shares of the information security company’s stock valued at $349,000 after acquiring an additional 7,717 shares during the period. Steward Partners Investment Advisory LLC grew its position in FireEye by 15.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 23,169 shares of the information security company’s stock valued at $375,000 after acquiring an additional 3,100 shares during the period. Strs Ohio grew its position in FireEye by 33.8% in the fourth quarter. Strs Ohio now owns 14,918 shares of the information security company’s stock valued at $241,000 after acquiring an additional 3,772 shares during the period. Fisher Asset Management LLC grew its position in FireEye by 0.4% in the fourth quarter. Fisher Asset Management LLC now owns 3,226,328 shares of the information security company’s stock valued at $52,299,000 after acquiring an additional 14,285 shares during the period. Finally, McGuire Investment Group LLC grew its position in FireEye by 3.6% in the fourth quarter. McGuire Investment Group LLC now owns 70,061 shares of the information security company’s stock valued at $1,136,000 after acquiring an additional 2,439 shares during the period. Hedge funds and other institutional investors own 73.00% of the company’s stock.

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About FireEye

FireEye, Inc provides cybersecurity solutions that allow organizations to prepare for, prevent, investigate, respond to, and remediate cyber-attacks. The company provides threat detection and prevention solutions, including network security solutions, email security solutions, endpoint security solutions, and customer support and maintenance services.

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

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