FireEye (FEYE) Given a $20.00 Price Target at Evercore ISI

Ann Santiago
February 11, 2018

Migdal Insurance & Financial Holdings Ltd. now owns 9,134 shares of the information security company's stock valued at $141,000 after acquiring an additional 1,252 shares in the last quarter.

Institutional investors and hedge funds own 67.59% of the company's stock. Private Advisor Group LLC lifted its position in shares of FireEye by 1.2% during the 1st quarter. Verition Fund Management LLC now owns 12,769 shares of the information security company's stock valued at $194,000 after buying an additional 469 shares in the last quarter.

FireEye said net loss attributable to shareholders widened to $77 million, or 42 cents per share, in the fourth quarter from $61.5 million, or 37 cents per share, a year earlier. 21,179,508 shares of the company were exchanged, compared to its average volume of 3,800,000. Finally, K.J. Harrison & Partners Inc purchased a new position in FireEye during the third quarter worth about $168,000.

Currently Fireeye Inc (NASDAQ:FEYE)'s shares owned by insiders are 0.8%, whereas shares owned by institutional owners are 70.1%. Migdal Insurance & Financial Holdings Ltd. boosted its position in FireEye by 15.9% during the 2nd quarter. The firm owned 6,623 shares of the information security company's stock after buying an additional 1,528 shares during the quarter. However the company's price to cash per share for most recent quarter stands at 4.64. The shares were sold at an average price of $13.57, for a total value of $91,828.19. Following the completion of the transaction, the director now directly owns 7,099 shares in the company, valued at $96,333.43. The sale was disclosed in a filing with the SEC, which is available through this link.

Fireeye Inc (NASDAQ:FEYE) has an ABR of 2.28 which is the combined stock view of 18 analysts poll results. Stifel Nicolaus reaffirmed a "buy" rating on shares of FireEye in a research report on Wednesday, July 19th. Oppenheimer reduced their price objective on shares of FireEye from $23.00 to $22.00 and set an outperform rating for the company in a research note on Thursday, November 2nd. Vetr raised FireEye from a "buy" rating to a "strong-buy" rating and set a $17.53 price objective on the stock in a research report on Monday, July 17th. Two investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company's stock. 18, 2017, the great number of shares disposed came courtesy the President; Reese Travis M. disposed a total of 11,555 shares at an average price of $17.5, amounting to approximately $202,213. The company has a market capitalization of $2,615.61, a P/E ratio of -8.51 and a beta of 0.57. The company has a current ratio of 1.99, a quick ratio of 1.98 and a debt-to-equity ratio of 1.00.

FireEye Inc (NASDAQ:FEYE) posted its fourth-quarter results late Thursday. The company reported the earnings of $0.01/Share in the last quarter where the estimated EPS by analysts was $-0.01/share.

FireEye, Inc. (NASDAQ:FEYE) yearly performance is 28.25% and net profit margin is -39.30%.

Analysts believe that the company has the potential to earn average revenue of $186.74 Million for the current quarter. During the same period in the prior year, the business posted ($0.03) EPS.

WARNING: "Essex Investment Management Co".

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FireEye Inc. provides security platform for cyber-attacks to enterprises and governments.

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