Wrapmanager Inc. cut its stake in shares of FireEye, Inc. (NASDAQ:FEYE) by 21.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,111 shares of the information security company’s stock after selling 4,780 shares during the period. Wrapmanager Inc.’s holdings in FireEye were worth $260,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the stock. Shapiro Capital Management LLC boosted its stake in FireEye by 17.9% in the first quarter. Shapiro Capital Management LLC now owns 18,840,343 shares of the information security company’s stock valued at $237,577,000 after buying an additional 2,859,910 shares during the period. Vanguard Group Inc. boosted its stake in FireEye by 2.3% in the first quarter. Vanguard Group Inc. now owns 11,660,394 shares of the information security company’s stock valued at $147,038,000 after buying an additional 257,120 shares during the period. Penserra Capital Management LLC boosted its stake in FireEye by 16.4% in the first quarter. Penserra Capital Management LLC now owns 3,236,242 shares of the information security company’s stock valued at $40,809,000 after buying an additional 456,661 shares during the period. Sumitomo Mitsui Asset Management Company LTD boosted its stake in FireEye by 66.8% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 2,532,435 shares of the information security company’s stock valued at $31,934,000 after buying an additional 1,014,120 shares during the period. Finally, Neuberger Berman Group LLC boosted its stake in FireEye by 32.8% in the first quarter. Neuberger Berman Group LLC now owns 2,259,551 shares of the information security company’s stock valued at $28,493,000 after buying an additional 557,832 shares during the period. Institutional investors own 64.30% of the company’s stock.

FireEye, Inc. (FEYE) opened at 13.91 on Wednesday. FireEye, Inc. has a 12 month low of $10.35 and a 12 month high of $16.40. The firm has a 50 day moving average price of $15.09 and a 200-day moving average price of $13.54. The firm’s market capitalization is $2.53 billion.

FireEye (NASDAQ:FEYE) last announced its earnings results on Tuesday, August 1st. The information security company reported ($0.26) earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.13. FireEye had a negative return on equity of 26.21% and a negative net margin of 46.37%. The firm had revenue of $185.50 million during the quarter, compared to the consensus estimate of $176.39 million. During the same quarter in the prior year, the company earned ($0.33) EPS. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, equities analysts forecast that FireEye, Inc. will post ($0.21) EPS for the current year.

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FEYE has been the subject of several recent analyst reports. Barclays PLC restated an “equal weight” rating and issued a $14.00 price target (up previously from $10.00) on shares of FireEye in a report on Wednesday, May 3rd. Goldman Sachs Group, Inc. (The) restated a “buy” rating and issued a $17.00 price target (up previously from $15.00) on shares of FireEye in a report on Wednesday, May 3rd. BidaskClub cut FireEye from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 2nd. Wedbush lifted their price target on FireEye from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Wednesday, May 3rd. Finally, Evercore ISI restated a “buy” rating and issued a $16.00 price target (up previously from $14.00) on shares of FireEye in a report on Wednesday, May 3rd. Two analysts have rated the stock with a sell rating, twenty have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $15.97.

In related news, EVP Alexa King sold 69,884 shares of the stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $14.46, for a total transaction of $1,010,522.64. Following the completion of the sale, the executive vice president now owns 428,733 shares in the company, valued at approximately $6,199,479.18. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.40% of the stock is owned by corporate insiders.

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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