Stifel Financial Corp lowered its holdings in FireEye Inc (NASDAQ:FEYE) by 84.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61,262 shares of the information security company’s stock after selling 335,327 shares during the period. Stifel Financial Corp’s holdings in FireEye were worth $1,026,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in FEYE. ETF Managers Group LLC purchased a new stake in FireEye during the second quarter valued at about $43,372,000. Balyasny Asset Management LLC grew its position in FireEye by 213.3% during the second quarter. Balyasny Asset Management LLC now owns 2,902,297 shares of the information security company’s stock valued at $44,144,000 after acquiring an additional 1,975,924 shares during the period. Pinnacle Associates Ltd. grew its position in FireEye by 81.7% during the second quarter. Pinnacle Associates Ltd. now owns 3,444,096 shares of the information security company’s stock valued at $52,385,000 after acquiring an additional 1,548,425 shares during the period. Vanguard Group Inc. grew its position in FireEye by 7.9% during the second quarter. Vanguard Group Inc. now owns 12,578,361 shares of the information security company’s stock valued at $191,317,000 after acquiring an additional 917,967 shares during the period. Finally, Nationwide Fund Advisors purchased a new stake in FireEye during the second quarter valued at about $8,593,000. 68.33% of the stock is owned by institutional investors and hedge funds.

In other FireEye news, President Travis M. Reese sold 88,445 shares of the company’s stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $17.50, for a total transaction of $1,547,787.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 sale, the director now owns 7,099 shares in the company, valued at approximately $96,333.43. The disclosure for this sale can be found here. Insiders have sold 120,212 shares of company stock worth $2,089,616 in the last 90 days. 2.40% of the stock is currently owned by insiders.

A number of research firms have issued reports on FEYE. Piper Jaffray Companies reissued a “hold” rating and set a $18.50 price target on shares of FireEye in a research report on Tuesday, September 26th. Zacks Investment Research downgraded FireEye from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Evercore ISI set a $20.00 price target on FireEye and gave the company a “buy” rating in a research report on Sunday, October 15th. Vetr raised FireEye from a “hold” rating to a “strong-buy” rating and set a $22.32 price target for the company in a research report on Monday, September 18th. Finally, Standpoint Research downgraded FireEye from a “buy” rating to a “hold” rating and set a $18.00 price target for the company. in a research report on Monday, September 18th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $17.22.

Shares of FireEye Inc (NASDAQ:FEYE) opened at $14.41 on Wednesday. FireEye Inc has a one year low of $10.35 and a one year high of $18.00. The stock has a market capitalization of $2,604.54, a P/E ratio of -8.68 and a beta of 0.52. The company has a current ratio of 1.99, a quick ratio of 1.98 and a debt-to-equity ratio of 1.00.

FireEye (NASDAQ:FEYE) last announced its quarterly earnings data on Wednesday, November 1st. The information security company reported ($0.04) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.03. FireEye had a negative return on equity of 23.71% and a negative net margin of 39.29%. The firm had revenue of $189.60 million for the quarter, compared to analysts’ expectations of $186.41 million. During the same quarter in the prior year, the firm posted ($0.18) earnings per share. FireEye’s revenue for the quarter was up 1.7% compared to the same quarter last year. equities research analysts expect that FireEye Inc will post -1.07 EPS for the current fiscal year.

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About FireEye

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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Institutional Ownership by Quarter for FireEye (NASDAQ:FEYE)

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