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FireEye Inc (NASDAQ:FEYE) saw some unusual options trading on Friday. Traders acquired 9,686 put options on the stock. This is an increase of approximately 441% compared to the average volume of 1,790 put options.
Several analysts have weighed in on FEYE shares. Oppenheimer Holdings Inc. reissued an “outperform” rating and issued a $28.00 target price on shares of FireEye in a report on Tuesday, January 31st. DA Davidson reissued a “buy” rating and issued a $18.00 target price on shares of FireEye in a report on Wednesday, February 1st. BTIG Research reaffirmed a “buy” rating and set a $17.00 price objective on shares of FireEye in a research note on Friday, February 3rd. Barclays PLC set a $10.00 price objective on FireEye and gave the company a “hold” rating in a research note on Friday, February 3rd. Finally, Piper Jaffray Companies lowered FireEye from an “overweight” rating to a “neutral” rating and set a $12.00 price objective on the stock. in a research note on Friday, February 3rd. Twenty-one investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $15.46.
Shares of FireEye (NASDAQ:FEYE) traded up 0.81% on Friday, hitting $14.86. The stock had a trading volume of 3,831,724 shares. The firm’s 50-day moving average is $13.64 and its 200 day moving average is $12.70. FireEye has a 1-year low of $10.35 and a 1-year high of $18.42. The stock’s market cap is $2.65 billion.
FireEye (NASDAQ:FEYE) last posted its quarterly earnings data on Tuesday, May 2nd. The information security company reported ($0.34) earnings per share for the quarter, topping the consensus estimate of ($0.57) by $0.23. FireEye had a negative return on equity of 37.85% and a negative net margin of 67.23%. The business had revenue of $173.74 million during the quarter, compared to analysts’ expectations of $163.83 million. Equities analysts forecast that FireEye will post ($0.30) EPS for the current year.
Institutional investors have recently modified their holdings of the stock. Marcus Capital LLC raised its position in shares of FireEye by 19.4% in the third quarter. Marcus Capital LLC now owns 121,785 shares of the information security company’s stock valued at $1,794,000 after buying an additional 19,750 shares in the last quarter. A.R.T. Advisors LLC purchased a new position in shares of FireEye during the fourth quarter valued at about $1,455,000. State of New Jersey Common Pension Fund D raised its position in shares of FireEye by 16.7% in the third quarter. State of New Jersey Common Pension Fund D now owns 700,000 shares of the information security company’s stock valued at $10,311,000 after buying an additional 100,000 shares in the last quarter. AlphaOne Investment Services LLC purchased a new position in shares of FireEye during the first quarter valued at about $4,338,000. Finally, State Board of Administration of Florida Retirement System raised its position in shares of FireEye by 0.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 215,298 shares of the information security company’s stock valued at $2,562,000 after buying an additional 954 shares in the last quarter. Hedge funds and other institutional investors own 59.20% of the company’s stock.
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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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