FireEye Inc (FEYE) Holdings Boosted by Jefferies Group LLC

Jefferies Group LLC grew its position in shares of FireEye Inc (NASDAQ:FEYE) by 862.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 250,000 shares of the information security company’s stock after buying an additional 224,022 shares during the quarter. Jefferies Group LLC owned 0.13% of FireEye worth $4,250,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of FEYE. King Luther Capital Management Corp lifted its holdings in shares of FireEye by 1.0% during the 3rd quarter. King Luther Capital Management Corp now owns 390,051 shares of the information security company’s stock worth $6,631,000 after acquiring an additional 4,037 shares during the last quarter. S Squared Technology LLC lifted its holdings in shares of FireEye by 25.5% during the 3rd quarter. S Squared Technology LLC now owns 172,251 shares of the information security company’s stock worth $2,928,000 after acquiring an additional 35,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of FireEye by 46.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 170,805 shares of the information security company’s stock worth $2,874,000 after acquiring an additional 54,523 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of FireEye by 108.0% during the 3rd quarter. Baird Financial Group Inc. now owns 103,665 shares of the information security company’s stock worth $1,749,000 after acquiring an additional 53,835 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in FireEye by 60.1% in the third quarter. Dimensional Fund Advisors LP now owns 20,556 shares of the information security company’s stock worth $349,000 after purchasing an additional 7,717 shares during the last quarter. 74.10% of the stock is currently owned by hedge funds and other institutional investors.

In other FireEye news, EVP William T. Robbins sold 1,409 shares of the business’s stock in a transaction dated Wednesday, October 24th. The shares were sold at an average price of $18.01, for a total value of $25,376.09. Following the transaction, the executive vice president now owns 324,444 shares in the company, valued at $5,843,236.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Travis M. Reese sold 3,094 shares of the business’s stock in a transaction dated Friday, November 16th. The shares were sold at an average price of $18.66, for a total transaction of $57,734.04. Following the completion of the transaction, the president now owns 711,966 shares in the company, valued at approximately $13,285,285.56. The disclosure for this sale can be found here. Insiders sold 99,643 shares of company stock worth $1,862,222 in the last 90 days. Corporate insiders own 2.40% of the company’s stock.

FEYE has been the subject of several recent research reports. Goldman Sachs Group set a $22.00 price target on shares of FireEye and gave the stock a “buy” rating in a research note on Thursday, October 4th. ValuEngine downgraded shares of FireEye from a “hold” rating to a “sell” rating in a research note on Friday, September 7th. BidaskClub raised shares of FireEye from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 19th. Robert W. Baird initiated coverage on shares of FireEye in a research note on Wednesday, October 17th. They issued an “outperform” rating and a $22.00 price target for the company. Finally, JPMorgan Chase & Co. boosted their price target on shares of FireEye to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 31st. Eight investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $20.27.

FireEye stock opened at $19.43 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.02 and a debt-to-equity ratio of 1.46. The firm has a market capitalization of $3.98 billion, a price-to-earnings ratio of -17.83 and a beta of 0.28. FireEye Inc has a twelve month low of $13.60 and a twelve month high of $20.61.

FireEye (NASDAQ:FEYE) last released its quarterly earnings data on Tuesday, October 30th. The information security company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. FireEye had a negative net margin of 33.32% and a negative return on equity of 22.98%. The firm had revenue of $211.65 million for the quarter, compared to analysts’ expectations of $208.46 million. During the same quarter in the previous year, the company earned ($0.04) earnings per share. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. On average, equities analysts anticipate that FireEye Inc will post -0.71 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This news story was posted by American Banking News and is the property of of American Banking News. If you are viewing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright and trademark laws. The correct version of this news story can be read at https://www.americanbankingnews.com/2018/12/08/fireeye-inc-feye-holdings-boosted-by-jefferies-group-llc.html.

About FireEye

FireEye, Inc provides cybersecurity solutions that allow organizations to prepare for, prevent, respond to, and remediate cyber-attacks. It offers vector-specific appliance, virtual appliance, and cloud-based solutions to detect and block known and unknown cyber-attacks. The company provides threat detection and prevention solutions, including network security products, email security solutions, and endpoint security solutions.

Further Reading: How are Outstanding Shares Different from Authorized Shares?

Institutional Ownership by Quarter for FireEye (NASDAQ:FEYE)

Receive News & Ratings for FireEye Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FireEye and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply