Rhumbline Advisers raised its holdings in FireEye Inc (NASDAQ:FEYE) by 17.3% in the second quarter, HoldingsChannel.com reports. The fund owned 199,880 shares of the information security company’s stock after acquiring an additional 29,466 shares during the period. Rhumbline Advisers’ holdings in FireEye were worth $3,076,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. P.A.W. Capital Corp grew its stake in FireEye by 19.0% in the second quarter. P.A.W. Capital Corp now owns 250,000 shares of the information security company’s stock valued at $3,848,000 after acquiring an additional 40,000 shares during the period. Sumitomo Mitsui Asset Management Company LTD grew its stake in FireEye by 18.6% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 2,320,235 shares of the information security company’s stock valued at $35,708,000 after acquiring an additional 363,900 shares during the period. Fisher Asset Management LLC grew its stake in FireEye by 8.1% in the second quarter. Fisher Asset Management LLC now owns 2,272,111 shares of the information security company’s stock valued at $34,968,000 after acquiring an additional 170,299 shares during the period. Broadview Advisors LLC lifted its holdings in shares of FireEye by 19.1% in the second quarter. Broadview Advisors LLC now owns 568,675 shares of the information security company’s stock valued at $8,752,000 after purchasing an additional 91,100 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its holdings in shares of FireEye by 52.4% in the second quarter. State of Alaska Department of Revenue now owns 21,720 shares of the information security company’s stock valued at $333,000 after purchasing an additional 7,470 shares in the last quarter. 70.00% of the stock is owned by hedge funds and other institutional investors.

In related news, CEO Kevin R. Mandia sold 15,701 shares of the company’s stock in a transaction dated Monday, June 18th. The stock was sold at an average price of $16.95, for a total transaction of $266,131.95. Following the sale, the chief executive officer now owns 3,103,942 shares in the company, valued at $52,611,816.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Frank Verdecanna sold 11,219 shares of the company’s stock in a transaction dated Thursday, August 16th. The stock was sold at an average price of $14.46, for a total value of $162,226.74. The disclosure for this sale can be found here. Insiders have sold 36,521 shares of company stock worth $567,189 in the last quarter. 2.40% of the stock is currently owned by corporate insiders.

FEYE has been the topic of a number of research reports. ValuEngine lowered FireEye from a “hold” rating to a “sell” rating in a report on Monday, May 14th. BidaskClub lowered FireEye from a “hold” rating to a “sell” rating in a report on Wednesday, June 27th. Zacks Investment Research upgraded FireEye from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a report on Wednesday, August 8th. Piper Jaffray Companies upgraded FireEye from a “neutral” rating to an “overweight” rating and set a $24.00 price target on the stock in a report on Monday, July 9th. Finally, BMO Capital Markets cut their price target on FireEye from $18.00 to $17.00 and set a “market perform” rating on the stock in a report on Thursday, August 2nd. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $19.62.

FEYE opened at $15.42 on Friday. FireEye Inc has a 52-week low of $13.40 and a 52-week high of $19.36. The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.02 and a current ratio of 2.03.

FireEye (NASDAQ:FEYE) last released its earnings results on Wednesday, August 1st. The information security company reported ($0.21) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.01. FireEye had a negative return on equity of 25.26% and a negative net margin of 37.13%. The business had revenue of $203.00 million for the quarter, compared to analyst estimates of $201.54 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. FireEye’s revenue was up 5.9% on a year-over-year basis. sell-side analysts expect that FireEye Inc will post -0.79 earnings per share for the current year.

About FireEye

FireEye, Inc provides cybersecurity solutions that allow organizations to prepare for, prevent, respond to, and remediate cyber-attacks. It offers vector-specific appliance, virtual appliance, and cloud-based solutions to detect and block known and unknown cyber-attacks. The company provides threat detection and prevention solutions, including network security products, email security solutions, and endpoint security solutions.

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Institutional Ownership by Quarter for FireEye (NASDAQ:FEYE)

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