Alliancebernstein L.P. grew its stake in shares of FireEye Inc (NASDAQ:FEYE) by 1,158.3% in the fourth quarter, HoldingsChannel reports. The firm owned 2,913,038 shares of the information security company’s stock after purchasing an additional 2,681,525 shares during the period. Alliancebernstein L.P.’s holdings in FireEye were worth $41,365,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of FEYE. Dimensional Fund Advisors LP increased its holdings in FireEye by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 216,202 shares of the information security company’s stock worth $3,289,000 after purchasing an additional 682 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in FireEye by 30.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,623 shares of the information security company’s stock worth $101,000 after purchasing an additional 1,528 shares in the last quarter. Nationwide Fund Advisors increased its holdings in FireEye by 16.1% during the 3rd quarter. Nationwide Fund Advisors now owns 656,053 shares of the information security company’s stock worth $11,002,000 after purchasing an additional 91,078 shares in the last quarter. Prudential Financial Inc. bought a new stake in FireEye during the 3rd quarter worth approximately $168,000. Finally, Principal Financial Group Inc. increased its holdings in FireEye by 17.8% during the 3rd quarter. Principal Financial Group Inc. now owns 22,477 shares of the information security company’s stock worth $377,000 after purchasing an additional 3,393 shares in the last quarter. 65.30% of the stock is owned by hedge funds and other institutional investors.

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In other FireEye news, CFO Frank Verdecanna sold 33,878 shares of the stock in a transaction on Friday, February 16th. The stock was sold at an average price of $16.20, for a total transaction of $548,823.60. Following the completion of the transaction, the chief financial officer now directly owns 383,057 shares of the company’s stock, valued at $6,205,523.40. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Kevin R. Mandia sold 113,130 shares of the stock in a transaction on Friday, February 16th. The shares were sold at an average price of $16.20, for a total value of $1,832,706.00. Following the transaction, the chief executive officer now directly owns 3,119,643 shares of the company’s stock, valued at $50,538,216.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 478,215 shares of company stock valued at $7,889,025. 2.40% of the stock is owned by corporate insiders.

A number of analysts have commented on the company. BidaskClub raised FireEye from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. First Analysis raised FireEye from an “equal weight” rating to an “overweight” rating and set a $20.00 price objective for the company in a report on Friday, March 2nd. Evercore ISI reissued a “buy” rating and set a $20.00 price objective on shares of FireEye in a report on Thursday, March 1st. Stephens reissued a “buy” rating and set a $23.00 price objective on shares of FireEye in a report on Friday, February 9th. Finally, BMO Capital Markets upped their target price on FireEye from $16.00 to $17.00 and gave the company a “market perform” rating in a report on Friday, February 9th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. FireEye has a consensus rating of “Buy” and an average target price of $18.17.

FireEye Inc (NASDAQ FEYE) opened at $17.45 on Thursday. FireEye Inc has a twelve month low of $10.39 and a twelve month high of $18.29. The firm has a market capitalization of $3,220.00, a price-to-earnings ratio of -10.20 and a beta of 0.42. The company has a current ratio of 1.93, a quick ratio of 1.92 and a debt-to-equity ratio of 1.05.

FireEye (NASDAQ:FEYE) last announced its quarterly earnings data on Thursday, February 8th. The information security company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. FireEye had a negative return on equity of 24.93% and a negative net margin of 40.43%. The business had revenue of $202.30 million during the quarter, compared to analyst estimates of $193.74 million. During the same period in the prior year, the company earned ($0.03) earnings per share. FireEye’s revenue was up 9.5% compared to the same quarter last year. equities research analysts predict that FireEye Inc will post -0.83 EPS for the current year.

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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).

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Institutional Ownership by Quarter for FireEye (NASDAQ:FEYE)

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