Wealthcare Advisory Partners LLC acquired a new position in FireEye Inc (NASDAQ:FEYE) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,699 shares of the information security company’s stock, valued at approximately $129,000.

Other hedge funds have also recently modified their holdings of the company. The Manufacturers Life Insurance Company grew its position in FireEye by 30.0% in 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 in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its position in FireEye by 15.9% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 9,134 shares of the information security company’s stock worth $141,000 after purchasing an additional 1,252 shares in the last quarter. Fortaleza Asset Management Inc. bought a new stake in FireEye in the 2nd quarter worth about $142,000. FNY Partners Fund LP grew its position in FireEye by 900.0% in the 2nd quarter. FNY Partners Fund LP now owns 10,000 shares of the information security company’s stock worth $152,000 after purchasing an additional 9,000 shares in the last quarter. Finally, Exane Derivatives bought a new stake in FireEye in the 3rd quarter worth about $168,000. 68.39% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have weighed in on the stock. BidaskClub upgraded shares of FireEye from a “strong sell” rating to a “sell” rating in a research note on Friday, August 25th. Evercore ISI set a $20.00 target price on shares of FireEye and gave the company a “buy” rating in a research note on Sunday, October 15th. Piper Jaffray Companies reiterated a “hold” rating and issued a $18.50 target price on shares of FireEye in a research note on Tuesday, September 26th. BMO Capital Markets dropped their target price on shares of FireEye from $17.00 to $16.00 and set a “market perform” rating on the stock in a research note on Thursday, November 2nd. Finally, Wedbush reiterated a “neutral” rating and issued a $14.00 target price on shares of FireEye in a research note on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, sixteen have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $17.22.

In related news, President Travis M. Reese sold 88,445 shares of the company’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $17.50, for a total transaction of $1,547,787.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Ronald E. F. Codd sold 6,767 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $13.57, for a total transaction of $91,828.19. Following the sale, the director now directly owns 7,099 shares in the company, valued at approximately $96,333.43. The disclosure for this sale can be found here. Insiders have sold a total of 131,767 shares of company stock worth $2,291,828 in the last ninety days. 2.40% of the stock is currently owned by insiders.

Shares of FireEye Inc (NASDAQ FEYE) opened at $14.30 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.98 and a current ratio of 1.99. FireEye Inc has a 52 week low of $10.35 and a 52 week high of $18.00.

FireEye (NASDAQ:FEYE) last announced its quarterly earnings results on Wednesday, November 1st. The information security company reported ($0.04) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.03. The company had revenue of $189.60 million for the quarter, compared to analysts’ expectations of $186.41 million. FireEye had a negative net margin of 39.29% and a negative return on equity of 23.71%. FireEye’s revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.18) EPS. sell-side analysts forecast that FireEye Inc will post -1.07 earnings per share for the current year.

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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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Institutional Ownership by Quarter for FireEye (NASDAQ:FEYE)

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