CapWealth Advisors LLC decreased its position in FireEye Inc (NASDAQ:FEYE) by 10.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 338,502 shares of the information security company’s stock after selling 39,511 shares during the quarter. CapWealth Advisors LLC owned 0.17% of FireEye worth $5,755,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Renaissance Technologies LLC grew its holdings in shares of FireEye by 20.2% in the 2nd quarter. Renaissance Technologies LLC now owns 2,190,466 shares of the information security company’s stock worth $33,711,000 after purchasing an additional 368,666 shares during the last quarter. Natixis grew its holdings in shares of FireEye by 39.9% in the 2nd quarter. Natixis now owns 164,058 shares of the information security company’s stock worth $2,525,000 after purchasing an additional 46,768 shares during the last quarter. Millennium Management LLC grew its holdings in shares of FireEye by 125.8% in the 2nd quarter. Millennium Management LLC now owns 1,509,436 shares of the information security company’s stock worth $23,230,000 after purchasing an additional 841,080 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of FireEye by 11.1% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 614,122 shares of the information security company’s stock worth $9,452,000 after purchasing an additional 61,235 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its holdings in shares of FireEye by 166.7% in the 2nd quarter. Valeo Financial Advisors LLC now owns 8,000 shares of the information security company’s stock worth $119,000 after purchasing an additional 5,000 shares during the last quarter. 74.10% of the stock is currently owned by institutional investors and hedge funds.

FireEye stock opened at $19.60 on Thursday. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.02 and a quick ratio of 2.01. FireEye Inc has a 1 year low of $13.52 and a 1 year high of $20.61.

FireEye (NASDAQ:FEYE) last released its earnings results on Tuesday, October 30th. The information security company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. FireEye had a negative net margin of 33.32% and a negative return on equity of 22.98%. The company had revenue of $211.65 million for the quarter, compared to the consensus estimate of $208.46 million. During the same period in the prior year, the company posted ($0.04) EPS. The company’s revenue was up 7.2% compared to the same quarter last year. Analysts expect that FireEye Inc will post -0.71 earnings per share for the current year.

In other FireEye news, EVP Alexa King sold 4,828 shares of the company’s stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $20.00, for a total transaction of $96,560.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President Travis M. Reese sold 3,094 shares of the company’s stock in a transaction dated Friday, November 16th. The shares were sold at an average price of $18.66, for a total transaction of $57,734.04. Following the transaction, the president now owns 711,966 shares in the company, valued at $13,285,285.56. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 99,643 shares of company stock worth $1,862,222. Corporate insiders own 2.40% of the company’s stock.

FEYE has been the topic of several analyst reports. Zacks Investment Research raised shares of FireEye from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Wednesday, August 8th. BidaskClub downgraded shares of FireEye from a “sell” rating to a “strong sell” rating in a research report on Friday, August 17th. Evercore ISI reiterated a “buy” rating and set a $22.00 price target on shares of FireEye in a research report on Thursday, August 23rd. ValuEngine downgraded shares of FireEye from a “hold” rating to a “sell” rating in a research report on Friday, September 7th. Finally, Goldman Sachs Group set a $22.00 price target on shares of FireEye and gave the stock a “buy” rating in a research report on Thursday, October 4th. Eight analysts have rated the stock with a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $20.27.

COPYRIGHT VIOLATION WARNING: This news story was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of international copyright laws. The legal version of this news story can be read at https://www.watchlistnews.com/capwealth-advisors-llc-has-5-76-million-stake-in-fireeye-inc-feye/2664163.html.

FireEye Company Profile

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.

Read More: How Do You Calculate Return on Investment (ROI)?

Institutional Ownership by Quarter for FireEye (NASDAQ:FEYE)

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.