FireEye Inc (NASDAQ:FEYE) gapped up prior to trading on Monday after BMO Capital Markets raised their price target on the stock from $16.00 to $17.00. The stock had previously closed at $14.84, but opened at $15.44. BMO Capital Markets currently has a market perform rating on the stock. FireEye shares last traded at $15.44, with a volume of 21186699 shares.

Several other brokerages have also weighed in on FEYE. Cowen reissued a “hold” rating and issued a $15.00 price objective on shares of FireEye in a report on Thursday, October 12th. Northland Securities set a $22.00 price objective on FireEye and gave the stock a “buy” rating in a report on Thursday, October 12th. Evercore ISI set a $20.00 price objective on FireEye and gave the stock a “buy” rating in a report on Sunday, October 15th. Oppenheimer decreased their price objective on FireEye from $23.00 to $22.00 and set an “outperform” rating for the company in a report on Thursday, November 2nd. Finally, Wedbush reissued a “neutral” rating and issued a $15.00 price objective (up previously from $14.00) on shares of FireEye in a report on Thursday, November 2nd. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $18.09.

In other FireEye 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 transaction of $91,828.19. Following the completion of the transaction, the director now owns 7,099 shares of the company’s stock, valued at approximately $96,333.43. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.40% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently modified their holdings of FEYE. Teachers Advisors LLC boosted its position in shares of FireEye by 22.9% during the 2nd quarter. Teachers Advisors LLC now owns 205,415 shares of the information security company’s stock valued at $3,124,000 after acquiring an additional 38,231 shares during the last quarter. TIAA CREF Investment Management LLC boosted its position in shares of FireEye by 13.6% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 360,323 shares of the information security company’s stock valued at $5,481,000 after acquiring an additional 43,210 shares during the last quarter. UBS Asset Management Americas Inc. boosted its position in shares of FireEye by 37.8% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 133,272 shares of the information security company’s stock valued at $2,027,000 after acquiring an additional 36,526 shares during the last quarter. Northern Trust Corp boosted its position in shares of FireEye by 30.8% during the 2nd quarter. Northern Trust Corp now owns 937,251 shares of the information security company’s stock valued at $14,256,000 after acquiring an additional 220,537 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of FireEye by 7.9% during the 2nd 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 last quarter. Hedge funds and other institutional investors own 67.92% of the company’s stock.

The stock has a market capitalization of $3,050.00, a PE ratio of -9.67 and a beta of 0.57. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.98 and a current ratio of 1.99.

FireEye (NASDAQ:FEYE) last issued its quarterly earnings results on Thursday, February 8th. 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. The firm had revenue of $202.30 million during the quarter, compared to the consensus estimate of $193.74 million. FireEye had a negative return on equity of 24.59% and a negative net margin of 40.43%. The company’s revenue for the quarter was up 9.5% on a year-over-year basis. During the same quarter last year, the company posted ($0.03) EPS. research analysts predict that FireEye Inc will post -0.86 earnings per share for the current 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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