UBS Group upgraded shares of FireEye (NASDAQ:FEYE) from a neutral rating to a positive rating in a research report released on Friday, The Fly reports.

Several other research firms have also commented on FEYE. Wedbush reissued a neutral rating and issued a $15.00 price objective (up from $14.00) on shares of FireEye in a research report on Thursday, November 2nd. Zacks Investment Research raised FireEye from a sell rating to a hold rating in a research report on Tuesday, January 16th. Northland Securities set a $22.00 price objective on FireEye and gave the company a buy rating in a research report on Thursday, October 12th. Evercore ISI set a $20.00 target price on FireEye and gave the stock a buy rating in a research report on Sunday, October 15th. Finally, Cowen reaffirmed a hold rating and set a $15.00 target price on shares of FireEye in a research report on Thursday, October 12th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. FireEye currently has a consensus rating of Buy and a consensus target price of $18.09.

FireEye (FEYE) opened at $15.88 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.99 and a quick ratio of 1.98. FireEye has a 52-week low of $10.35 and a 52-week high of $18.00. The company has a market capitalization of $2,930.00, a PE ratio of -9.29 and a beta of 0.57.

FireEye (NASDAQ:FEYE) last released its quarterly earnings data on Thursday, February 8th. The information security company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.02. FireEye had a negative return on equity of 24.59% and a negative net margin of 40.43%. The company had revenue of $202.30 million for the quarter, compared to analyst estimates of $193.74 million. During the same period last year, the company posted ($0.03) earnings per share. The firm’s revenue was up 9.5% compared to the same quarter last year. equities research analysts anticipate that FireEye will post -0.86 EPS for the current fiscal year.

In related news, Director Ronald E. F. Codd sold 6,767 shares of FireEye stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $13.57, for a total value of $91,828.19. Following the completion of the transaction, the director now directly owns 7,099 shares in the company, valued at $96,333.43. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.40% of the stock is currently owned by company insiders.

Large investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company grew its stake in FireEye by 30.0% in the second quarter. The Manufacturers Life Insurance Company now owns 6,623 shares of the information security company’s stock worth $101,000 after purchasing an additional 1,528 shares in the last quarter. Resources Investment Advisors Inc. grew its stake in FireEye by 96.9% in the fourth quarter. Resources Investment Advisors Inc. now owns 7,330 shares of the information security company’s stock worth $104,000 after purchasing an additional 3,607 shares in the last quarter. Wealthcare Advisory Partners LLC acquired a new position in FireEye in the third quarter worth about $129,000. Exane Derivatives acquired a new position in FireEye in the third quarter worth about $168,000. Finally, K.J. Harrison & Partners Inc acquired a new position in FireEye in the third quarter worth about $168,000. Institutional investors and hedge funds own 67.92% of the company’s stock.

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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).

The Fly

Analyst Recommendations for FireEye (NASDAQ:FEYE)

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