FireEye Inc (FEYE) Holdings Boosted by OLD National Bancorp IN

OLD National Bancorp IN raised its stake in shares of FireEye Inc (NASDAQ:FEYE) by 26.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,050 shares of the information security company’s stock after purchasing an additional 5,228 shares during the period. OLD National Bancorp IN’s holdings in FireEye were worth $426,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of FEYE. TRUE Private Wealth Advisors acquired a new stake in shares of FireEye in the third quarter valued at about $122,000. Valeo Financial Advisors LLC raised its position in shares of FireEye by 166.7% in the second quarter. Valeo Financial Advisors LLC now owns 8,000 shares of the information security company’s stock valued at $119,000 after buying an additional 5,000 shares during the last quarter. Global X Management Co LLC acquired a new stake in shares of FireEye in the second quarter valued at about $131,000. Skylands Capital LLC acquired a new stake in shares of FireEye in the third quarter valued at about $170,000. Finally, Centaurus Financial Inc. acquired a new stake in shares of FireEye in the second quarter valued at about $160,000. 69.99% of the stock is currently owned by institutional investors and hedge funds.

FireEye stock opened at $18.49 on Thursday. FireEye Inc has a 12-month low of $13.40 and a 12-month high of $19.36. The stock has a market cap of $3.29 billion, a P/E ratio of -16.96 and a beta of 0.39. The company has a quick ratio of 2.02, a current ratio of 2.03 and a debt-to-equity ratio of 1.42.

FireEye (NASDAQ:FEYE) last released its quarterly earnings data on Tuesday, October 30th. The information security company reported $0.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.04. FireEye had a negative net margin of 33.32% and a negative return on equity of 22.77%. The firm had revenue of $211.65 million during the quarter, compared to analysts’ expectations of $208.46 million. During the same period last year, the business earned ($0.04) earnings per share. FireEye’s revenue was up 7.2% compared to the same quarter last year. As a group, equities research analysts predict that FireEye Inc will post -0.79 earnings per share for the current year.

FEYE has been the subject of a number of recent research reports. ValuEngine cut shares of FireEye from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th. BidaskClub upgraded shares of FireEye from a “sell” rating to a “hold” rating in a research report on Saturday, September 15th. Piper Jaffray Companies upgraded shares of FireEye from a “neutral” rating to an “overweight” rating and set a $24.00 target price for the company in a research report on Monday, July 9th. Evercore ISI reiterated a “buy” rating and issued a $22.00 target price on shares of FireEye in a research report on Thursday, August 23rd. Finally, Robert W. Baird assumed coverage on shares of FireEye in a research report on Wednesday, October 17th. They issued an “outperform” rating and a $22.00 target price for the company. Ten equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $19.78.

In other FireEye news, EVP William T. Robbins sold 6,400 shares of the stock in a transaction dated Thursday, August 16th. The shares were sold at an average price of $14.46, for a total transaction of $92,544.00. Following the completion of the transaction, the executive vice president now owns 359,444 shares of the company’s stock, valued at $5,197,560.24. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP William T. Robbins sold 33,591 shares of the stock in a transaction dated Wednesday, October 17th. The stock was sold at an average price of $18.00, for a total transaction of $604,638.00. Following the transaction, the executive vice president now directly owns 325,853 shares of the company’s stock, valued at approximately $5,865,354. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 55,820 shares of company stock valued at $931,071. 2.40% of the stock is owned by company insiders.

FireEye 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.

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Institutional Ownership by Quarter for FireEye (NASDAQ:FEYE)

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