FireEye, Inc. (NASDAQ:FEYE) Given Consensus Rating of “Hold” by Analysts
Shares of FireEye, Inc. (NASDAQ:FEYE) have received a consensus rating of “Hold” from the thirty-seven ratings firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, twenty-three have issued a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $15.55.
FEYE has been the topic of several research reports. Vetr downgraded shares of FireEye from a “strong-buy” rating to a “buy” rating and set a $14.28 price objective on the stock. in a research report on Wednesday, March 29th. Goldman Sachs Group, Inc. (The) raised shares of FireEye from a “sell” rating to a “buy” rating and raised their price objective for the stock from $10.00 to $15.00 in a research report on Thursday, March 23rd. Evercore ISI reissued a “buy” rating and set a $16.00 price objective (up from $14.00) on shares of FireEye in a research report on Wednesday, May 3rd. Stifel Nicolaus reissued a “buy” rating and set a $20.00 price objective (up from $17.00) on shares of FireEye in a research report on Wednesday, May 3rd. Finally, Stephens reissued an “equal weight” rating and set a $14.00 price objective (up from $12.00) on shares of FireEye in a research report on Wednesday, May 3rd.
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FireEye (NASDAQ FEYE) opened at 15.86 on Friday. FireEye has a 12-month low of $10.35 and a 12-month high of $18.42. The firm has a 50-day moving average of $15.38 and a 200 day moving average of $13.29. The stock’s market capitalization is $2.83 billion. FireEye also saw unusually large options trading activity on Wednesday. Stock investors purchased 11,572 put options on the stock. This is an increase of 196% compared to the average volume of 3,911 put options.
A number of institutional investors have recently bought and sold shares of the stock. Bank of Montreal Can increased its position in FireEye by 37.4% in the first quarter. Bank of Montreal Can now owns 7,887 shares of the information security company’s stock valued at $100,000 after buying an additional 2,147 shares during the period. Sigma Planning Corp acquired a new position in FireEye during the first quarter valued at $132,000. US Bancorp DE increased its stake in shares of FireEye by 271.0% in the first quarter. US Bancorp DE now owns 10,662 shares of the information security company’s stock worth $135,000 after buying an additional 7,788 shares during the period. Searle & CO. purchased a new stake in shares of FireEye during the fourth quarter worth approximately $129,000. Finally, TRUE Private Wealth Advisors increased its stake in shares of FireEye by 13.8% in the first quarter. TRUE Private Wealth Advisors now owns 11,520 shares of the information security company’s stock worth $142,000 after buying an additional 1,400 shares during the period. Hedge funds and other institutional investors own 67.37% 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).
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