FireEye (NASDAQ:FEYE) CFO Frank Verdecanna sold 933 shares of the business’s stock in a transaction dated Wednesday, May 16th. The shares were sold at an average price of $17.35, for a total value of $16,187.55. Following the completion of the transaction, the chief financial officer now owns 382,124 shares in the company, valued at approximately $6,629,851.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Shares of NASDAQ:FEYE traded up $0.20 during trading on Friday, hitting $17.80. 1,880,075 shares of the stock were exchanged, compared to its average volume of 3,868,639. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of -16.33 and a beta of 0.37. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.71 and a quick ratio of 1.70. FireEye has a 12-month low of $13.40 and a 12-month high of $19.36.
FireEye (NASDAQ:FEYE) last announced its quarterly earnings results on Wednesday, May 2nd. The information security company reported ($0.04) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.04). The business had revenue of $199.07 million for the quarter, compared to analyst estimates of $193.91 million. FireEye had a negative return on equity of 25.25% and a negative net margin of 37.68%. The company’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.05) EPS. equities analysts anticipate that FireEye will post -0.81 earnings per share for the current year.
FEYE has been the topic of several recent research reports. UBS upgraded FireEye from a “neutral” rating to a “positive” rating in a research report on Friday, February 9th. Wedbush reaffirmed a “positive” rating and issued a $14.12 price objective (down previously from $16.00) on shares of FireEye in a report on Friday, February 9th. Evercore ISI set a $20.00 price objective on FireEye and gave the company a “buy” rating in a report on Friday, February 9th. Susquehanna Bancshares raised FireEye from a “neutral” rating to a “positive” rating in a report on Friday, February 9th. Finally, Barclays lifted their price objective on FireEye from $16.00 to $17.00 and gave the company an “equal weight” rating in a report on Friday, February 9th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. FireEye currently has an average rating of “Buy” and an average target price of $19.16.
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.
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.