Canada Pension Plan Investment Board reduced its holdings in FireEye, Inc. (NASDAQ:FEYE) by 52.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,700 shares of the information security company’s stock after selling 36,000 shares during the period. Canada Pension Plan Investment Board’s holdings in FireEye were worth $548,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of FEYE. Legal & General Group Plc increased its position in shares of FireEye by 195.4% during the first quarter. Legal & General Group Plc now owns 50,030 shares of the information security company’s stock valued at $631,000 after purchasing an additional 33,096 shares during the period. Dimensional Fund Advisors LP increased its position in shares of FireEye by 4.7% during the first quarter. Dimensional Fund Advisors LP now owns 215,520 shares of the information security company’s stock valued at $2,718,000 after purchasing an additional 9,634 shares during the period. Schwab Charles Investment Management Inc. increased its position in shares of FireEye by 7.0% during the first quarter. Schwab Charles Investment Management Inc. now owns 555,968 shares of the information security company’s stock valued at $7,011,000 after purchasing an additional 36,278 shares during the period. State Street Corp increased its position in shares of FireEye by 4.0% during the first quarter. State Street Corp now owns 2,019,956 shares of the information security company’s stock valued at $25,472,000 after purchasing an additional 78,459 shares during the period. Finally, Bank of Montreal Can increased its position in shares of FireEye by 2,536.3% during the second quarter. Bank of Montreal Can now owns 207,926 shares of the information security company’s stock valued at $3,163,000 after purchasing an additional 200,039 shares during the period. 66.93% of the stock is currently owned by institutional investors.

Shares of FireEye, Inc. (NASDAQ FEYE) opened at $13.96 on Wednesday. FireEye, Inc. has a 52-week low of $10.35 and a 52-week high of $18.00. The company has a current ratio of 1.99, a quick ratio of 1.98 and a debt-to-equity ratio of 1.00.

FireEye (NASDAQ:FEYE) last released its earnings results on Wednesday, November 1st. The information security company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates 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%. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.18) earnings per share. equities analysts anticipate that FireEye, Inc. will post -1.07 earnings per share for the current fiscal year.

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In related news, President Travis M. Reese sold 88,445 shares of the company’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $17.50, for a total value of $1,547,787.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Ronald E. F. Codd sold 6,767 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $13.57, for a total value of $91,828.19. Following the completion of the sale, the director now owns 7,099 shares of the company’s stock, valued at approximately $96,333.43. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 131,767 shares of company stock valued at $2,291,828. 2.40% of the stock is currently owned by corporate insiders.

A number of research firms have recently issued reports on FEYE. Wedbush restated a “neutral” rating and set a $14.00 price objective on shares of FireEye in a research report on Tuesday, November 14th. Cowen and Company restated a “hold” rating and set a $16.00 price objective on shares of FireEye in a research report on Friday, November 3rd. Oppenheimer Holdings, Inc. lowered their price objective on FireEye from $23.00 to $22.00 and set an “outperform” rating on the stock in a research report on Thursday, November 2nd. BMO Capital Markets lowered their price objective on FireEye from $17.00 to $16.00 and set a “market perform” rating on the stock in a research report on Thursday, November 2nd. Finally, Evercore ISI restated a “buy” rating and set a $20.00 price objective on shares of FireEye in a research report on Thursday, November 2nd. Two equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $17.22.

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).

Institutional Ownership by Quarter for FireEye (NASDAQ:FEYE)

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