Insider Selling: FireEye, Inc. (FEYE) EVP Sells $450,000.00 in Stock

FireEye, Inc. (NASDAQ:FEYE) EVP Alexa King sold 25,000 shares of the company’s stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $18.00, for a total transaction of $450,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Alexa King also recently made the following trade(s):

  • On Thursday, August 3rd, Alexa King sold 69,884 shares of FireEye stock. The shares were sold at an average price of $14.46, for a total transaction of $1,010,522.64.

FireEye (NASDAQ:FEYE) last posted its earnings results on Tuesday, August 1st. The information security company reported ($0.26) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.39) by $0.13. The company had revenue of $185.50 million for the quarter, compared to the consensus estimate of $176.39 million. FireEye had a negative return on equity of 26.21% and a negative net margin of 46.37%. FireEye’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.33) earnings per share.

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FEYE has been the topic of several recent analyst reports. Stifel Nicolaus restated a “buy” rating and set a $20.00 price objective on shares of FireEye in a report on Wednesday, August 2nd. Vetr downgraded shares of FireEye from a “strong-buy” rating to a “buy” rating and set a $17.31 price target on the stock. in a report on Thursday, June 22nd. Evercore ISI set a $20.00 price target on shares of FireEye and gave the stock a “buy” rating in a report on Tuesday, August 1st. BTIG Research reiterated a “buy” rating and issued a $18.00 price target (up previously from $17.00) on shares of FireEye in a report on Wednesday, August 2nd. Finally, Zacks Investment Research upgraded shares of FireEye from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Monday, August 7th. Two investment analysts have rated the stock with a sell rating, twenty have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. FireEye presently has a consensus rating of “Hold” and a consensus target price of $17.13.

Institutional investors and hedge funds have recently bought and sold shares of the business. Oppenheimer & Co. Inc. boosted its position in FireEye by 13.2% during the second quarter. Oppenheimer & Co. Inc. now owns 243,614 shares of the information security company’s stock worth $3,705,000 after purchasing an additional 28,450 shares in the last quarter. Unterberg Capital LLC purchased a new stake in FireEye during the second quarter worth $4,031,000. Canada Pension Plan Investment Board boosted its position in FireEye by 31.9% during the second quarter. Canada Pension Plan Investment Board now owns 68,700 shares of the information security company’s stock worth $1,045,000 after purchasing an additional 16,600 shares in the last quarter. Paloma Partners Management Co purchased a new stake in FireEye during the first quarter worth $1,202,000. Finally, Bank of Montreal Can boosted its position in FireEye by 37.4% during the first quarter. Bank of Montreal Can now owns 7,887 shares of the information security company’s stock worth $100,000 after purchasing an additional 2,147 shares in the last quarter. Institutional investors own 67.59% of the company’s stock.

About FireEye

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).

Insider Buying and Selling by Quarter for FireEye (NASDAQ:FEYE)

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