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FireEye (NASDAQ:FEYE) SVP Bahman Mahbod sold 49,677 shares of FireEye stock on the open market in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $37.75, for a total transaction of $1,875,306.75. Following the sale, the senior vice president now directly owns 712,110 shares of the company’s stock, valued at approximately $26,882,153. The sale was disclosed in a document filed with the SEC, which is available at this link.

FireEye (NASDAQ:FEYE) traded up 1.06% during mid-day trading on Wednesday, hitting $38.13. The stock had a trading volume of 4,938,385 shares. FireEye has a one year low of $25.58 and a one year high of $97.35. The stock’s 50-day moving average is $33.1 and its 200-day moving average is $53.34. The company’s market cap is $5.532 billion.

FireEye (NASDAQ:FEYE) last released its earnings data on Tuesday, May 6th. The company reported ($0.53) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.53). The company had revenue of $74.00 million for the quarter, compared to the consensus estimate of $71.65 million. The company’s revenue for the quarter was up 160.6% on a year-over-year basis. Analysts expect that FireEye will post $-2.22 EPS for the current fiscal year.

A number of analysts have recently weighed in on FEYE shares. Analysts at Summit Research initiated coverage on shares of FireEye in a research note on Monday. They set a “buy” rating and a $45.00 price target on the stock. Separately, analysts at Barclays upgraded shares of FireEye from an “equal weight” rating to an “overweight” rating in a research note on Friday, May 23rd. They now have a $40.00 price target on the stock, down previously from $50.00. They noted that the move was a valuation call. Finally, analysts at Nomura reiterated a “buy” rating on shares of FireEye in a research note on Monday, May 19th. Nine equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. FireEye presently has an average rating of “Buy” and a consensus target price of $54.72.

FireEye, Inc invented a purpose-built, virtual machine-based security platform that provides real-time protection to enterprises and governments worldwide against the next generation of cyber attacks.

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