FireEye Inc (NASDAQ:FEYE) has earned an average rating of “Hold” from the eighteen analysts that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $19.42.

Several analysts recently issued reports on FEYE shares. BidaskClub cut FireEye from a “hold” rating to a “sell” rating in a research report on Wednesday, August 7th. Zacks Investment Research cut FireEye from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Oppenheimer set a $19.00 target price on FireEye and gave the stock a “buy” rating in a research report on Wednesday, July 31st. JPMorgan Chase & Co. set a $20.00 target price on FireEye and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Finally, Evercore ISI reiterated a “buy” rating and set a $25.00 target price on shares of FireEye in a research report on Sunday, June 2nd.

In related news, President Travis M. Reese sold 15,616 shares of the stock in a transaction that occurred on Tuesday, June 18th. The stock was sold at an average price of $14.69, for a total transaction of $229,399.04. Following the completion of the transaction, the president now directly owns 885,325 shares of the company’s stock, valued at $13,005,424.25. The sale was disclosed in a filing with the SEC, which is available through this link. 2.40% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in FEYE. Joseph P. Lucia & Associates LLC bought a new stake in shares of FireEye in the 1st quarter valued at approximately $60,000. Oakworth Capital Inc. bought a new stake in shares of FireEye in the 2nd quarter valued at approximately $26,000. Valeo Financial Advisors LLC lifted its stake in shares of FireEye by 66.7% in the 1st quarter. Valeo Financial Advisors LLC now owns 2,500 shares of the information security company’s stock valued at $42,000 after purchasing an additional 1,000 shares during the last quarter. Enterprise Trust & Investment Co bought a new stake in shares of FireEye during the 2nd quarter worth approximately $89,000. Finally, Oppenheimer Asset Management Inc. bought a new stake in shares of FireEye during the 2nd quarter worth approximately $95,000. 74.47% of the stock is owned by institutional investors.

FEYE traded down $0.09 during midday trading on Friday, reaching $13.25. The company had a trading volume of 207,855 shares, compared to its average volume of 4,235,245. The company has a current ratio of 1.56, a quick ratio of 1.55 and a debt-to-equity ratio of 1.30. The company’s 50-day moving average price is $14.83. The firm has a market capitalization of $2.86 billion, a P/E ratio of -18.40 and a beta of 0.87. FireEye has a 1 year low of $12.66 and a 1 year high of $20.61.

FireEye (NASDAQ:FEYE) last released its earnings results on Tuesday, July 30th. The information security company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.16. FireEye had a negative return on equity of 19.56% and a negative net margin of 28.13%. The firm had revenue of $218.00 million during the quarter, compared to analysts’ expectations of $215.45 million. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Research analysts forecast that FireEye will post -0.71 EPS for the current fiscal year.

About FireEye

FireEye, Inc provides cybersecurity solutions that allow organizations to prepare for, prevent, investigate, respond to, and remediate cyber-attacks. The company provides threat detection and prevention solutions, including network security solutions, email security solutions, endpoint security solutions, and customer support and maintenance services.

Further Reading: What is a Roth IRA?

Analyst Recommendations for FireEye (NASDAQ:FEYE)

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.