FireEye (NASDAQ:FEYE) was upgraded by BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Friday.

Several other analysts also recently weighed in on FEYE. Piper Jaffray Companies reiterated a “hold” rating and issued a $18.50 target price on shares of FireEye in a report on Tuesday, September 26th. Zacks Investment Research downgraded shares of FireEye from a “hold” rating to a “sell” rating in a report on Tuesday. Evercore ISI set a $20.00 target price on shares of FireEye and gave the company a “buy” rating in a report on Sunday, October 15th. Vetr upgraded shares of FireEye from a “hold” rating to a “strong-buy” rating and set a $22.32 target price for the company in a report on Monday, September 18th. Finally, Standpoint Research downgraded shares of FireEye from a “buy” rating to a “hold” rating and set a $18.00 target price for the company. in a report on Monday, September 18th. They noted that the move was a valuation call. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $17.22.

Shares of FireEye (NASDAQ FEYE) traded up $0.03 during midday trading on Friday, hitting $15.11. 2,945,795 shares of the stock were exchanged, compared to its average volume of 2,740,000. The firm has a market cap of $2,790.00, a P/E ratio of -9.10 and a beta of 0.52. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.99 and a quick ratio of 1.98. FireEye has a fifty-two week low of $10.35 and a fifty-two week high of $18.00.

FireEye (NASDAQ:FEYE) last posted its earnings results on Wednesday, November 1st. The information security company reported ($0.04) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.03. FireEye had a negative net margin of 39.29% and a negative return on equity of 23.71%. The firm had revenue of $189.60 million during the quarter, compared to the consensus estimate of $186.41 million. During the same quarter last year, the firm earned ($0.18) EPS. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. equities research analysts forecast that FireEye will post -1.07 earnings per share for the current fiscal year.

In related news, Director Ronald E. F. Codd sold 6,767 shares of FireEye stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $13.57, for a total transaction of $91,828.19. Following the sale, the director now directly owns 7,099 shares in the company, valued at approximately $96,333.43. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Alexa King sold 25,000 shares of FireEye stock in a transaction on Tuesday, October 10th. The stock was sold at an average price of $18.00, for a total transaction of $450,000.00. The disclosure for this sale can be found here. 2.40% of the stock is currently owned by insiders.

Large investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company raised its stake in FireEye by 30.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,623 shares of the information security company’s stock worth $101,000 after acquiring an additional 1,528 shares in the last quarter. Wealthcare Advisory Partners LLC acquired a new stake in FireEye during the 3rd quarter worth $129,000. Migdal Insurance & Financial Holdings Ltd. raised its stake in FireEye by 15.9% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 9,134 shares of the information security company’s stock worth $141,000 after acquiring an additional 1,252 shares in the last quarter. FNY Partners Fund LP raised its stake in FireEye by 900.0% during the 2nd quarter. FNY Partners Fund LP now owns 10,000 shares of the information security company’s stock worth $152,000 after acquiring an additional 9,000 shares in the last quarter. Finally, Exane Derivatives acquired a new stake in FireEye during the 3rd quarter worth $168,000. Hedge funds and other institutional investors own 68.33% of the company’s stock.

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FireEye Company Profile

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).

Analyst Recommendations for FireEye (NASDAQ:FEYE)

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