FireEye (NASDAQ:FEYE) announced its quarterly earnings data on Thursday. The information security company reported $0.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.02, Bloomberg Earnings reports. FireEye had a negative net margin of 40.43% and a negative return on equity of 24.59%. The company had revenue of $202.30 million during the quarter, compared to analysts’ expectations of $193.74 million. During the same quarter in the prior year, the company earned ($0.03) EPS. The firm’s revenue was up 9.5% on a year-over-year basis. FireEye updated its Q1 guidance to ($0.03-0.06) EPS and its FY18 guidance to $0.00-0.04 EPS.

FireEye (FEYE) traded up $1.32 during trading hours on Friday, hitting $15.44. 21,179,508 shares of the stock traded hands, compared to its average volume of 3,170,000. FireEye has a 12-month low of $10.35 and a 12-month high of $18.00. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.98 and a current ratio of 1.99. The stock has a market cap of $3,120.00, a PE ratio of -9.03 and a beta of 0.57.

In other news, Director Ronald E. F. Codd sold 6,767 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $13.57, for a total value of $91,828.19. Following the completion of the sale, the director now directly owns 7,099 shares of the company’s stock, valued at approximately $96,333.43. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 2.40% of the company’s stock.

A hedge fund recently raised its stake in FireEye stock. The Manufacturers Life Insurance Company increased its holdings in FireEye Inc (NASDAQ:FEYE) by 30.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,623 shares of the information security company’s stock after acquiring an additional 1,528 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in FireEye were worth $101,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 68.18% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. Barclays upped their price objective on shares of FireEye from $16.00 to $17.00 and gave the company an “equal weight” rating in a research note on Friday. KeyCorp reaffirmed a “hold” rating on shares of FireEye in a research note on Friday, October 27th. Dougherty & Co raised shares of FireEye from a “neutral” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Thursday, November 2nd. Oppenheimer cut their price objective on shares of FireEye from $23.00 to $22.00 and set an “outperform” rating for the company in a research note on Thursday, November 2nd. Finally, Susquehanna Bancshares raised shares of FireEye from a “neutral” rating to a “positive” rating in a research note on Friday. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. FireEye presently has an average rating of “Buy” and an average target price of $18.09.

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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).

Earnings History for FireEye (NASDAQ:FEYE)

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