Several analysts have recently updated their ratings and price targets for FireEye (NASDAQ: FEYE):
FireEye, Inc. (FEYE) traded up 0.7107% during trading on Thursday, hitting $16.6072. The stock had a trading volume of 1,477,898 shares. FireEye, Inc. has a one year low of $10.35 and a one year high of $18.00. The stock’s 50-day moving average is $16.93 and its 200 day moving average is $15.18. The firm’s market cap is $3.03 billion.
FireEye (NASDAQ:FEYE) last released its earnings results on Tuesday, August 1st. The information security company reported ($0.26) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.39) by $0.13. The firm had revenue of $185.50 million during the quarter, compared to analyst estimates of $176.39 million. FireEye had a negative return on equity of 26.21% and a negative net margin of 46.37%. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.33) earnings per share. Equities analysts anticipate that FireEye, Inc. will post ($0.21) earnings per share for the current year.
In other FireEye news, President Travis M. Reese sold 88,445 shares of the company’s stock in a transaction dated 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 document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Alexa King sold 25,000 shares of the company’s stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $18.00, for a total value of $450,000.00. The disclosure for this sale can be found here. Insiders sold 194,884 shares of company stock valued at $3,210,523 over the last quarter. Insiders own 2.40% of the company’s stock.
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).