FireEye, Inc. (FEYE) Position Increased by MUFG Securities EMEA plc
MUFG Securities EMEA plc raised its stake in shares of FireEye, Inc. (NASDAQ:FEYE) by 46.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 193,571 shares of the information security company’s stock after buying an additional 61,019 shares during the period. MUFG Securities EMEA plc owned approximately 0.11% of FireEye worth $2,944,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Bank of Montreal Can raised its position in shares of FireEye by 37.4% in the first quarter. Bank of Montreal Can now owns 7,887 shares of the information security company’s stock valued at $100,000 after buying an additional 2,147 shares during the last quarter. US Bancorp DE raised its position in shares of FireEye by 271.0% in the first quarter. US Bancorp DE now owns 10,662 shares of the information security company’s stock valued at $135,000 after buying an additional 7,788 shares during the last quarter. Fortaleza Asset Management Inc. purchased a new position in shares of FireEye during the second quarter valued at about $142,000. Sigma Planning Corp raised its position in shares of FireEye by 2.5% in the second quarter. Sigma Planning Corp now owns 10,759 shares of the information security company’s stock valued at $164,000 after buying an additional 266 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of FireEye by 251.1% in the first quarter. PNC Financial Services Group Inc. now owns 13,691 shares of the information security company’s stock valued at $173,000 after buying an additional 9,791 shares during the last quarter. 67.65% of the stock is currently owned by hedge funds and other institutional investors.
Shares of FireEye, Inc. (NASDAQ FEYE) traded up 0.81% during trading on Friday, reaching $14.89. 3,721,527 shares of the company’s stock were exchanged. FireEye, Inc. has a 52-week low of $10.35 and a 52-week high of $16.40. The firm’s market capitalization is $2.71 billion. The company has a 50 day moving average of $14.76 and a 200 day moving average of $13.75.
FireEye (NASDAQ:FEYE) last announced its quarterly earnings results on Tuesday, August 1st. The information security company reported ($0.26) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.39) by $0.13. FireEye had a negative net margin of 46.37% and a negative return on equity of 26.21%. The company had revenue of $185.50 million for the quarter, compared to analyst estimates of $176.39 million. During the same quarter in the prior year, the business posted ($0.33) EPS. FireEye’s quarterly revenue was up 6.0% on a year-over-year basis. Equities analysts anticipate that FireEye, Inc. will post ($0.21) earnings per share for the current fiscal year.
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FEYE has been the topic of several research reports. Vetr raised FireEye from a “buy” rating to a “strong-buy” rating and set a $16.36 price objective on the stock in a report on Monday, May 15th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $19.00 price objective on shares of FireEye in a report on Wednesday, August 23rd. Stifel Nicolaus reaffirmed a “buy” rating on shares of FireEye in a report on Wednesday, July 19th. Evercore ISI set a $20.00 price objective on FireEye and gave the stock a “buy” rating in a report on Tuesday, August 1st. Finally, Susquehanna Bancshares Inc initiated coverage on FireEye in a report on Wednesday, June 7th. They set a “neutral” rating and a $17.00 price objective on the stock. Two analysts have rated the stock with a sell rating, twenty have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $16.05.
In related news, EVP Alexa King sold 69,884 shares of the firm’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $14.46, for a total value of $1,010,522.64. Following the transaction, the executive vice president now directly owns 428,733 shares in the company, valued at approximately $6,199,479.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.40% of the company’s stock.
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).
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