FireEye Inc. (NASDAQ:FEYE)’s share price dropped 1.8% during mid-day trading on Friday . The stock traded as low as $16.16 and last traded at $16.26, with a volume of 4,284,100 shares traded. The stock had previously closed at $16.55.

FEYE has been the topic of several research analyst reports. OTR Global upgraded FireEye to a “positive” rating in a research note on Friday, April 22nd. Barclays PLC restated an “equal weight” rating and set a $19.00 price objective on shares of FireEye in a research note on Monday, May 9th. Goldman Sachs Group Inc. restated a “buy” rating and set a $18.00 price objective (down from $20.00) on shares of FireEye in a research note on Saturday, May 7th. Zacks Investment Research upgraded FireEye from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research note on Wednesday, April 13th. Finally, Imperial Capital restated an “outperform” rating and set a $25.00 price objective on shares of FireEye in a research note on Wednesday, June 8th. Fourteen equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. FireEye has a consensus rating of “Buy” and an average target price of $27.62.

The company’s market cap is $2.70 billion. The firm’s 50-day moving average price is $16.29 and its 200 day moving average price is $16.33.

FireEye (NASDAQ:FEYE) last released its quarterly earnings data on Thursday, May 5th. The information security company reported ($0.47) EPS for the quarter, beating analysts’ consensus estimates of ($0.50) by $0.03. The company earned $168 million during the quarter, compared to the consensus estimate of $171.86 million. The company’s revenue for the quarter was up 34.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.48) EPS. On average, analysts predict that FireEye Inc. will post ($1.24) earnings per share for the current fiscal year.

In related news, President Kevin R. Mandia acquired 27,600 shares of the company’s stock in a transaction that occurred on Monday, May 16th. The stock was acquired at an average price of $12.70 per share, for a total transaction of $350,520.00. Following the completion of the acquisition, the president now owns 2,629,446 shares of the company’s stock, valued at approximately $33,393,964.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Michael J. Berry acquired 16,500 shares of the company’s stock in a transaction that occurred on Monday, May 9th. The stock was bought at an average price of $12.84 per share, with a total value of $211,860.00. Following the acquisition, the chief financial officer now directly owns 226,144 shares of the company’s stock, valued at approximately $2,903,688.96. The disclosure for this purchase can be found here.

A number of large investors recently added to or reduced their stakes in FEYE. Penserra Capital Management LLC bought a new stake in FireEye during the fourth quarter worth approximately $37,169,000. Atlantic Trust Group LLC acquired a new stake in shares of FireEye during the fourth quarter valued at about $2,909,000. Trexquant Investment LP increased its stake in shares of FireEye by 273.4% in the fourth quarter. Trexquant Investment LP now owns 182,200 shares of the information security company’s stock valued at $3,779,000 after buying an additional 133,400 shares during the period. South Dakota Investment Council increased its stake in shares of FireEye by 728.2% in the fourth quarter. South Dakota Investment Council now owns 123,400 shares of the information security company’s stock valued at $2,559,000 after buying an additional 108,500 shares during the period. Finally, Swiss National Bank increased its stake in shares of FireEye by 33.8% in the fourth quarter. Swiss National Bank now owns 260,700 shares of the information security company’s stock valued at $5,407,000 after buying an additional 65,900 shares during the period.

FireEye, Inc provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. The Company’s cybersecurity solutions combine its purpose-built virtual-machine technology, threat intelligence and security in a suite of products and services. The Company’s cybersecurity platform includes a family of software-based appliances, endpoint agents, cloud-based subscription services, support and maintenance and other services.

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