FireEye Inc (NASDAQ:FEYE) saw a large growth in short interest in August. As of August 31st, there was short interest totalling 20,735,788 shares, a growth of 8.6% from the August 15th total of 19,102,164 shares. Currently, 11.0% of the shares of the company are sold short. Based on an average daily trading volume, of 5,120,007 shares, the days-to-cover ratio is presently 4.0 days.

In related news, CFO Frank Verdecanna sold 11,219 shares of the company’s stock in a transaction that occurred on Thursday, August 16th. The shares were sold at an average price of $14.46, for a total transaction of $162,226.74. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP William T. Robbins sold 6,400 shares of the company’s stock in a transaction that occurred on Thursday, August 16th. The shares were sold at an average price of $14.46, for a total transaction of $92,544.00. Following the sale, the executive vice president now owns 359,444 shares in the company, valued at $5,197,560.24. The disclosure for this sale can be found here. Insiders have sold a total of 20,820 shares of company stock worth $301,057 over the last 90 days. 2.40% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Asset Management One Co. Ltd. increased its holdings in shares of FireEye by 56.9% in the 1st quarter. Asset Management One Co. Ltd. now owns 7,800 shares of the information security company’s stock worth $132,000 after buying an additional 2,830 shares during the last quarter. Denver Investment Advisors LLC increased its holdings in shares of FireEye by 7.6% in the 1st quarter. Denver Investment Advisors LLC now owns 43,023 shares of the information security company’s stock worth $728,000 after buying an additional 3,025 shares during the last quarter. Creative Planning increased its holdings in shares of FireEye by 0.9% in the 2nd quarter. Creative Planning now owns 348,391 shares of the information security company’s stock worth $5,362,000 after buying an additional 3,148 shares during the last quarter. Essex Investment Management Co. LLC increased its holdings in shares of FireEye by 17.1% in the 2nd quarter. Essex Investment Management Co. LLC now owns 21,859 shares of the information security company’s stock worth $336,000 after buying an additional 3,192 shares during the last quarter. Finally, Voya Investment Management LLC increased its holdings in shares of FireEye by 9.8% in the 2nd quarter. Voya Investment Management LLC now owns 52,688 shares of the information security company’s stock worth $811,000 after buying an additional 4,721 shares during the last quarter. Institutional investors and hedge funds own 70.01% of the company’s stock.

A number of analysts recently commented on FEYE shares. BidaskClub cut shares of FireEye from a “buy” rating to a “hold” rating in a research note on Thursday, May 24th. UBS Group upped their price target on shares of FireEye from $15.00 to $17.00 and gave the company a “neutral” rating in a research note on Tuesday, May 29th. ValuEngine upgraded shares of FireEye from a “sell” rating to a “hold” rating in a research note on Saturday, June 2nd. Piper Jaffray Companies upgraded shares of FireEye from a “neutral” rating to an “overweight” rating and set a $24.00 price target on the stock in a research note on Monday, July 9th. Finally, BMO Capital Markets dropped their price target on shares of FireEye from $18.00 to $17.00 and set a “market perform” rating on the stock in a research note on Thursday, August 2nd. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $19.62.

NASDAQ FEYE opened at $16.68 on Monday. FireEye has a 1 year low of $13.40 and a 1 year 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. The company has a market capitalization of $3.09 billion, a price-to-earnings ratio of -15.30 and a beta of 0.39.

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

FireEye Company Profile

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.

Featured Article: Investing in Growth Stocks

Receive News & Ratings for FireEye Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FireEye and related companies with MarketBeat.com's FREE daily email newsletter.