Harvey Capital Management Inc. decreased its stake in shares of FireEye Inc (NASDAQ:FEYE) by 48.8% during the first quarter, Holdings Channel reports. The institutional investor owned 109,664 shares of the information security company’s stock after selling 104,386 shares during the period. Harvey Capital Management Inc.’s holdings in FireEye were worth $1,382,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of FEYE. Bank of Montreal Can raised its stake in FireEye by 37.4% in the first quarter. Bank of Montreal Can now owns 7,887 shares of the information security company’s stock valued at $100,000 after buying an additional 2,147 shares in the last quarter. Creative Planning increased its stake in FireEye by 54.3% in the first quarter. Creative Planning now owns 316,295 shares of the information security company’s stock worth $3,988,000 after buying an additional 111,370 shares during the last quarter. Macquarie Group Ltd. purchased a new stake in FireEye during the fourth quarter worth $231,000. Searle & CO. purchased a new stake in FireEye during the fourth quarter worth $129,000. Finally, Teachers Advisors LLC increased its stake in FireEye by 20.1% in the fourth quarter. Teachers Advisors LLC now owns 191,932 shares of the information security company’s stock worth $2,284,000 after buying an additional 32,147 shares during the last quarter. 59.20% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for FireEye (NASDAQ:FEYE)

Shares of FireEye Inc (NASDAQ:FEYE) traded up 0.81% on Tuesday, reaching $12.40. The company had a trading volume of 3,272,763 shares. FireEye Inc has a 52 week low of $10.35 and a 52 week high of $18.73. The firm’s market capitalization is $2.20 billion. The stock’s 50 day moving average is $11.63 and its 200 day moving average is $12.46.

FireEye (NASDAQ:FEYE) last released its quarterly earnings data on Thursday, February 2nd. The information security company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.16) by $0.13. FireEye had a negative net margin of 67.23% and a negative return on equity of 37.85%. The business earned $184.70 million during the quarter, compared to the consensus estimate of $190.96 million. During the same quarter in the prior year, the firm earned ($0.36) EPS. The business’s revenue was up .0% on a year-over-year basis. On average, equities analysts anticipate that FireEye Inc will post ($0.48) EPS for the current year.

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A number of equities research analysts have weighed in on the company. Piper Jaffray Companies downgraded FireEye from an “overweight” rating to a “neutral” rating and set a $12.00 price target on the stock. in a research report on Friday, February 3rd. Wedbush lowered their price target on FireEye from $14.00 to $11.00 and set a “neutral” rating on the stock in a research report on Monday, February 6th. Wunderlich restated a “hold” rating and set a $12.00 price target (down previously from $16.00) on shares of FireEye in a research report on Monday, February 6th. Oppenheimer Holdings Inc. restated an “outperform” rating and set a $28.00 price target on shares of FireEye in a research report on Tuesday, January 31st. Finally, FBN Securities downgraded FireEye from an “outperform” rating to a “sector perform” rating and set a $11.00 price target on the stock. in a research report on Friday, February 3rd. Nineteen equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $15.70.

In other FireEye news, EVP Alexa King sold 28,820 shares of the stock in a transaction dated Thursday, February 16th. The shares were sold at an average price of $11.32, for a total transaction of $326,242.40. Following the completion of the transaction, the executive vice president now owns 499,834 shares of the company’s stock, valued at approximately $5,658,120.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Travis M. Reese sold 23,376 shares of the stock in a transaction dated Thursday, February 16th. The shares were sold at an average price of $11.31, for a total transaction of $264,382.56. Following the transaction, the president now directly owns 544,861 shares of the company’s stock, valued at approximately $6,162,377.91. The disclosure for this sale can be found here. Insiders have sold a total of 86,837 shares of company stock valued at $982,396 in the last three months. Insiders own 9.60% of the company’s stock.

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).

5 Day Chart for NASDAQ:FEYE

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