FireEye Inc (NASDAQ:FEYE) President Travis M. Reese sold 74,962 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $16.20, for a total transaction of $1,214,384.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of FireEye Inc (FEYE) opened at $16.46 on Friday. FireEye Inc has a twelve month low of $10.35 and a twelve month high of $18.00. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.99 and a quick ratio of 1.98.
FireEye (NASDAQ:FEYE) last announced its quarterly earnings data on Thursday, February 8th. The information security company reported $0.01 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.02. The firm had revenue of $202.30 million during the quarter, compared to analysts’ expectations of $193.74 million. FireEye had a negative return on equity of 24.59% and a negative net margin of 40.43%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.03) EPS. research analysts anticipate that FireEye Inc will post -0.83 earnings per share for the current fiscal year.
Large investors have recently made changes to their positions in the business. The Manufacturers Life Insurance Company raised its holdings in FireEye by 30.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,623 shares of the information security company’s stock worth $101,000 after purchasing an additional 1,528 shares during the last quarter. Resources Investment Advisors Inc. raised its holdings in FireEye by 96.9% during the 4th quarter. Resources Investment Advisors Inc. now owns 7,330 shares of the information security company’s stock worth $104,000 after purchasing an additional 3,607 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new stake in FireEye during the 3rd quarter worth about $129,000. K.J. Harrison & Partners Inc bought a new stake in FireEye during the 3rd quarter worth about $168,000. Finally, Prudential Financial Inc. bought a new stake in FireEye during the 3rd quarter worth about $168,000. 68.93% of the stock is owned by hedge funds and other institutional investors.
COPYRIGHT VIOLATION NOTICE: This report was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this report on another publication, it was illegally stolen and republished in violation of US and international trademark & copyright law. The original version of this report can be accessed at https://stocknewstimes.com/2018/02/24/travis-m-reese-sells-74962-shares-of-fireeye-inc-feye-stock.html.
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).
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.