FireEye, Inc. (FEYE) Shares Sold by Moody Lynn & Lieberson LLC
Moody Lynn & Lieberson LLC trimmed its position in shares of FireEye, Inc. (NASDAQ:FEYE) by 13.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,316 shares of the information security company’s stock after selling 4,476 shares during the period. Moody Lynn & Lieberson LLC’s holdings in FireEye were worth $492,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the company. Exencial Wealth Advisors LLC increased its holdings in shares of FireEye by 0.7% during the 2nd quarter. Exencial Wealth Advisors LLC now owns 15,330 shares of the information security company’s stock worth $233,000 after buying an additional 100 shares during the last quarter. Cutter & CO Brokerage Inc. increased its holdings in shares of FireEye by 1.4% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 14,400 shares of the information security company’s stock worth $219,000 after buying an additional 200 shares during the last quarter. Sigma Planning Corp increased its holdings in shares of FireEye by 2.5% during the 2nd quarter. Sigma Planning Corp now owns 10,759 shares of the information security company’s stock worth $164,000 after buying an additional 266 shares during the last quarter. Verition Fund Management LLC increased its holdings in shares of FireEye by 3.8% during the 2nd quarter. Verition Fund Management LLC now owns 12,769 shares of the information security company’s stock worth $194,000 after buying an additional 469 shares during the last quarter. Finally, Teacher Retirement System of Texas increased its holdings in shares of FireEye by 5.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 12,925 shares of the information security company’s stock worth $197,000 after buying an additional 670 shares during the last quarter. Institutional investors and hedge funds own 67.12% of the company’s stock.
In other FireEye news, EVP Alexa King sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $18.00, for a total value of $450,000.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, President Travis M. Reese sold 88,445 shares of the firm’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $17.50, for a total transaction of $1,547,787.50. The disclosure for this sale can be found here. Insiders sold 125,000 shares of company stock worth $2,200,000 in the last three months. 2.40% of the stock is currently owned by corporate insiders.
Shares of FireEye, Inc. (FEYE) traded down $0.06 during mid-day trading on Tuesday, hitting $13.69. 1,117,219 shares of the stock traded hands, compared to its average volume of 5,573,602. 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, Inc. has a twelve month low of $10.35 and a twelve month high of $18.00.
FireEye (NASDAQ:FEYE) last issued its quarterly earnings results on Wednesday, November 1st. The information security company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.03. FireEye had a negative net margin of 39.29% and a negative return on equity of 23.71%. The business had revenue of $189.60 million for the quarter, compared to analysts’ expectations of $186.41 million. During the same quarter last year, the company posted ($0.18) earnings per share. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. analysts anticipate that FireEye, Inc. will post -1.06 EPS for the current year.
FEYE has been the subject of a number of research analyst reports. BTIG Research restated a “buy” rating and set a $18.00 price objective (up from $17.00) on shares of FireEye in a report on Wednesday, August 2nd. Zacks Investment Research upgraded FireEye from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a report on Monday, August 7th. Stifel Nicolaus restated a “buy” rating on shares of FireEye in a report on Wednesday, July 19th. Evercore ISI set a $20.00 price target on FireEye and gave the company a “buy” rating in a report on Tuesday, August 1st. Finally, Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $19.00 price target on shares of FireEye in a report on Wednesday, August 23rd. Two equities research 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 an average rating of “Hold” and an average target price of $17.26.
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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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