FireEye Inc (NASDAQ:FEYE) has received a consensus recommendation of “Buy” from the twenty-seven analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation, thirteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $19.56.

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of FireEye to $20.00 and gave the company a “neutral” rating in a report on Thursday, May 3rd. BMO Capital Markets increased their price objective on shares of FireEye from $17.00 to $18.00 and gave the company a “market perform” rating in a report on Thursday, May 3rd. ValuEngine upgraded FireEye from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Zacks Investment Research downgraded FireEye from a “buy” rating to a “hold” rating in a research report on Wednesday, April 11th. Finally, BidaskClub downgraded FireEye from a “buy” rating to a “hold” rating in a research report on Saturday, April 28th.

In other news, EVP Alexa King sold 3,190 shares of FireEye stock in a transaction on Wednesday, May 16th. The stock was sold at an average price of $17.35, for a total transaction of $55,346.50. Following the completion of the sale, the executive vice president now directly owns 450,725 shares in the company, valued at $7,820,078.75. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Kevin R. Mandia sold 15,701 shares of FireEye stock in a transaction on Monday, June 18th. The stock was sold at an average price of $16.95, for a total value of $266,131.95. Following the sale, the chief executive officer now owns 3,103,942 shares of the company’s stock, valued at $52,611,816.90. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,824 shares of company stock valued at $337,666. 2.40% of the stock is owned by corporate insiders.

Large investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its position in shares of FireEye by 4.1% during the fourth quarter. California State Teachers Retirement System now owns 305,125 shares of the information security company’s stock worth $4,333,000 after purchasing an additional 11,998 shares during the last quarter. Amalgamated Bank lifted its position in shares of FireEye by 10.0% during the fourth quarter. Amalgamated Bank now owns 34,853 shares of the information security company’s stock worth $495,000 after purchasing an additional 3,179 shares during the last quarter. Clearbridge Investments LLC lifted its position in shares of FireEye by 14.7% during the fourth quarter. Clearbridge Investments LLC now owns 44,713 shares of the information security company’s stock worth $635,000 after purchasing an additional 5,725 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its position in shares of FireEye by 8.2% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 49,382 shares of the information security company’s stock worth $701,000 after purchasing an additional 3,760 shares during the last quarter. Finally, Moors & Cabot Inc. lifted its position in shares of FireEye by 26.5% during the fourth quarter. Moors & Cabot Inc. now owns 20,800 shares of the information security company’s stock worth $296,000 after purchasing an additional 4,360 shares during the last quarter. Institutional investors and hedge funds own 65.16% of the company’s stock.

FEYE traded up $0.14 during trading on Friday, reaching $16.90. 2,370,143 shares of the company traded hands, compared to its average volume of 3,765,628. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.71 and a quick ratio of 1.70. FireEye has a 12-month low of $13.40 and a 12-month high of $19.36. The firm has a market cap of $3.16 billion, a P/E ratio of -15.42 and a beta of 0.36.

FireEye (NASDAQ:FEYE) last announced its quarterly earnings data on Wednesday, May 2nd. The information security company reported ($0.04) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.04). FireEye had a negative net margin of 37.68% and a negative return on equity of 25.25%. The business had revenue of $199.07 million during the quarter, compared to analyst estimates of $193.91 million. During the same period last year, the firm posted ($0.05) EPS. The company’s revenue was up 7.7% on a year-over-year basis. sell-side analysts anticipate that FireEye will post -0.81 earnings per share for the current year.

About FireEye

FireEye, Inc provides cybersecurity solutions that allow organizations to prepare for, prevent, respond to, and remediate cyber-attacks. It offers vector-specific appliance, virtual appliance, and cloud-based solutions to detect and block known and unknown cyber-attacks. The company provides threat detection and prevention solutions, including network security products, email security solutions, and endpoint security solutions.

Analyst Recommendations for FireEye (NASDAQ:FEYE)

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