P.A.W. Capital Corp raised its position in FireEye, Inc. (NASDAQ:FEYE) by 540.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 160,000 shares of the information security company’s stock after buying an additional 135,000 shares during the period. FireEye makes up approximately 2.4% of P.A.W. Capital Corp’s holdings, making the stock its 7th largest position. P.A.W. Capital Corp owned about 0.09% of FireEye worth $2,434,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp raised its stake in FireEye by 2.0% in the fourth quarter. State Street Corp now owns 1,941,497 shares of the information security company’s stock valued at $23,103,000 after buying an additional 38,655 shares during the period. Norges Bank bought a new stake in FireEye during the fourth quarter worth approximately $16,275,000. Teachers Advisors LLC raised its stake in FireEye by 20.1% in the fourth quarter. Teachers Advisors LLC now owns 191,932 shares of the information security company’s stock worth $2,284,000 after buying an additional 32,147 shares during the last quarter. Searle & CO. bought a new stake in FireEye during the fourth quarter worth approximately $129,000. Finally, Macquarie Group Ltd. bought a new stake in FireEye during the fourth quarter worth approximately $231,000. 64.30% of the stock is currently owned by hedge funds and other institutional investors.
Shares of FireEye, Inc. (NASDAQ:FEYE) opened at 14.20 on Tuesday. The stock has a 50 day moving average price of $15.14 and a 200-day moving average price of $13.54. The company’s market cap is $2.59 billion. FireEye, Inc. has a 1-year low of $10.35 and a 1-year high of $16.40.
FireEye (NASDAQ:FEYE) last issued its quarterly earnings data on Tuesday, August 1st. The information security company reported ($0.26) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.39) by $0.13. The firm had revenue of $185.50 million during the quarter, compared to the consensus estimate of $176.39 million. FireEye had a negative net margin of 46.37% and a negative return on equity of 26.21%. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the business posted ($0.33) earnings per share. Analysts predict that FireEye, Inc. will post ($0.21) earnings per share for the current fiscal year.
FEYE has been the topic of a number of analyst reports. Vetr lowered FireEye from a “strong-buy” rating to a “buy” rating and set a $16.36 price objective on the stock. in a research note on Monday, May 8th. Evercore ISI reiterated a “buy” rating and set a $16.00 target price (up from $14.00) on shares of FireEye in a research report on Wednesday, May 3rd. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and set a $17.00 target price (up from $15.00) on shares of FireEye in a research report on Wednesday, May 3rd. Stifel Nicolaus reiterated a “buy” rating and set a $20.00 target price (up from $17.00) on shares of FireEye in a research report on Wednesday, May 3rd. Finally, BTIG Research restated a “buy” rating and issued a $18.00 price objective (up from $17.00) on shares of FireEye in a report on Wednesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, twenty have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. FireEye presently has an average rating of “Hold” and a consensus price target of $15.97.
In other news, EVP Alexa King sold 69,884 shares of FireEye stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $14.46, for a total value of $1,010,522.64. Following the completion of the sale, the executive vice president now directly owns 428,733 shares in the company, valued at $6,199,479.18. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 2.40% of the stock is currently owned by insiders.
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).
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