Prospera Financial Services Inc boosted its position in FireEye Inc. (NASDAQ:FEYE) by 118.0% during the second quarter, Holdings Channel reports. The fund owned 26,399 shares of the information security company’s stock after buying an additional 14,289 shares during the period. Prospera Financial Services Inc’s holdings in FireEye were worth $435,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Baker Avenue Asset Management LP acquired a new position in shares of FireEye during the first quarter worth $224,000. BB&T Securities LLC raised its position in shares of FireEye by 264.1% in the first quarter. BB&T Securities LLC now owns 74,076 shares of the information security company’s stock worth $1,332,000 after buying an additional 53,729 shares during the period. Canada Pension Plan Investment Board raised its position in shares of FireEye by 1,120.4% in the first quarter. Canada Pension Plan Investment Board now owns 191,600 shares of the information security company’s stock worth $3,447,000 after buying an additional 175,900 shares during the period. CapWealth Advisors LLC raised its position in shares of FireEye by 16.1% in the first quarter. CapWealth Advisors LLC now owns 444,456 shares of the information security company’s stock worth $7,996,000 after buying an additional 61,525 shares during the period. Finally, Marcus Capital LLC raised its position in shares of FireEye by 66.8% in the first quarter. Marcus Capital LLC now owns 75,510 shares of the information security company’s stock worth $1,358,000 after buying an additional 30,250 shares during the period. Institutional investors own 52.39% of the company’s stock.

Shares of FireEye Inc. (NASDAQ:FEYE) traded up 4.92% during trading on Thursday, hitting $14.49. The stock had a trading volume of 7,371,296 shares. The company’s 50 day moving average price is $14.67 and its 200 day moving average price is $16.11. FireEye Inc. has a 12 month low of $11.35 and a 12 month high of $34.50. The stock’s market cap is $2.46 billion.

FireEye (NASDAQ:FEYE) last issued its quarterly earnings results on Thursday, August 4th. The information security company reported ($0.33) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.39) by $0.06. FireEye had a negative return on equity of 46.11% and a negative net margin of 81.76%. The firm earned $175 million during the quarter, compared to analysts’ expectations of $181.67 million. During the same period in the previous year, the business earned ($0.41) earnings per share. The firm’s revenue for the quarter was up 18.9% on a year-over-year basis. Equities research analysts expect that FireEye Inc. will post ($1.30) earnings per share for the current fiscal year.

A number of equities analysts have weighed in on the company. Wunderlich assumed coverage on FireEye in a research report on Tuesday, September 13th. They issued a “hold” rating and a $16.00 target price for the company. Citigroup Inc. lowered shares of FireEye from a “buy” rating to a “neutral” rating and reduced their price target for the company from $22.00 to $18.00 in a research report on Friday, August 5th. JPMorgan Chase & Co. lowered shares of FireEye from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $20.00 to $15.00 in a research report on Friday, August 5th. Nomura reaffirmed a “buy” rating and set a $22.50 price target on shares of FireEye in a research report on Thursday, September 8th. Finally, Wells Fargo & Co. reaffirmed a “market perform” rating and set a $15.00 price target (down previously from $16.50) on shares of FireEye in a research report on Friday, August 5th. Nineteen analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $24.84.

In related news, EVP John T. Mcgee sold 14,988 shares of the business’s stock in a transaction that occurred on Tuesday, August 16th. The stock was sold at an average price of $14.20, for a total transaction of $212,829.60. Following the completion of the sale, the executive vice president now directly owns 155,905 shares in the company, valued at $2,213,851. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Travis M. Reese sold 2,466 shares of the business’s stock in a transaction on Tuesday, August 16th. The stock was sold at an average price of $14.19, for a total value of $34,992.54. Following the transaction, the president now directly owns 388,841 shares in the company, valued at approximately $5,517,653.79. The disclosure for this sale can be found here. Corporate insiders own 9.60% of the company’s stock.

About FireEye

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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