BidaskClub upgraded shares of FireEye (NASDAQ:FEYE) from a strong sell rating to a sell rating in a research note released on Friday.

Several other research firms also recently weighed in on FEYE. Cowen reissued a hold rating and set a $15.00 price target on shares of FireEye in a research report on Thursday, October 12th. Northland Securities set a $22.00 price target on FireEye and gave the stock a buy rating in a research report on Thursday, October 12th. BMO Capital Markets reissued a hold rating and set a $17.00 price target on shares of FireEye in a research report on Thursday, October 5th. Oppenheimer reissued a buy rating and set a $23.00 price target on shares of FireEye in a research report on Monday, September 18th. Finally, Standpoint Research downgraded FireEye from a buy rating to a hold rating and set a $18.00 price target for the company. in a research report on Monday, September 18th. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. FireEye currently has a consensus rating of Hold and a consensus price target of $17.22.

FireEye (NASDAQ:FEYE) traded up $0.03 during trading on Friday, reaching $15.11. The company’s stock had a trading volume of 2,945,700 shares, compared to its average volume of 3,009,825. The company has a quick ratio of 1.98, a current ratio of 1.99 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $2,780.00, a P/E ratio of -9.10 and a beta of 0.52. FireEye has a one year low of $10.35 and a one year high of $18.00.

FireEye (NASDAQ:FEYE) last released its quarterly earnings results on Wednesday, November 1st. The information security company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.03. The company had revenue of $189.60 million during the quarter, compared to the consensus estimate of $186.41 million. FireEye had a negative return on equity of 23.71% and a negative net margin of 39.29%. FireEye’s revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business posted ($0.18) earnings per share. research analysts anticipate that FireEye will post -1.07 earnings per share for the current fiscal year.

In related news, Director Ronald E. F. Codd sold 6,767 shares of FireEye stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $13.57, for a total value of $91,828.19. Following the transaction, the director now owns 7,099 shares in the company, valued at $96,333.43. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Alexa King sold 25,000 shares of FireEye stock in a transaction on Tuesday, October 10th. The shares were sold at an average price of $18.00, for a total value of $450,000.00. The disclosure for this sale can be found here. 2.40% of the stock is owned by company insiders.

A number of institutional investors have recently modified their holdings of FEYE. The Manufacturers Life Insurance Company boosted its holdings in FireEye by 30.0% in the second quarter. The Manufacturers Life Insurance Company now owns 6,623 shares of the information security company’s stock valued at $101,000 after acquiring an additional 1,528 shares during the last quarter. Wealthcare Advisory Partners LLC acquired a new position in FireEye in the third quarter valued at $129,000. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in FireEye by 15.9% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 9,134 shares of the information security company’s stock valued at $141,000 after acquiring an additional 1,252 shares during the last quarter. FNY Partners Fund LP boosted its holdings in FireEye by 900.0% in the second quarter. FNY Partners Fund LP now owns 10,000 shares of the information security company’s stock valued at $152,000 after acquiring an additional 9,000 shares during the last quarter. Finally, Exane Derivatives acquired a new position in FireEye in the third quarter valued at $168,000. Hedge funds and other institutional investors own 68.33% of the company’s stock.

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FireEye Company Profile

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).

Analyst Recommendations for FireEye (NASDAQ:FEYE)

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