FireEye Inc (NASDAQ:FEYE) President Travis M. Reese sold 15,616 shares of the company’s stock in a transaction dated Tuesday, June 18th. The stock was sold at an average price of $14.69, for a total transaction of $229,399.04. Following the transaction, the president now owns 885,325 shares of the company’s stock, valued at approximately $13,005,424.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
FEYE stock traded up $0.08 during midday trading on Friday, hitting $15.76. The stock had a trading volume of 1,752,802 shares, compared to its average volume of 2,419,244. The firm has a market capitalization of $3.19 billion, a price-to-earnings ratio of -21.89 and a beta of 0.90. FireEye Inc has a 52 week low of $13.85 and a 52 week high of $20.61. The stock’s 50-day simple moving average is $14.72. The company has a quick ratio of 1.99, a current ratio of 2.00 and a debt-to-equity ratio of 1.69.
FireEye (NASDAQ:FEYE) last issued its earnings results on Tuesday, April 30th. The information security company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.02). The firm had revenue of $210.54 million during the quarter, compared to the consensus estimate of $210.22 million. FireEye had a negative return on equity of 20.85% and a negative net margin of 29.28%. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period last year, the business earned ($0.04) earnings per share. Equities analysts forecast that FireEye Inc will post -0.58 earnings per share for the current fiscal year.
A number of equities analysts recently issued reports on FEYE shares. Robert W. Baird reiterated a “buy” rating and issued a $23.00 target price on shares of FireEye in a research report on Wednesday, May 29th. Mizuho started coverage on shares of Fortinet in a research report on Tuesday, March 26th. They issued a “neutral” rating and a $90.00 target price for the company. Zacks Investment Research lowered shares of Inflarx from a “buy” rating to a “hold” rating in a research report on Friday, May 3rd. Wedbush set a $12.00 target price on shares of GameStop and gave the company a “buy” rating in a research report on Friday, May 31st. Finally, Evercore ISI reiterated a “buy” rating and issued a $25.00 target price on shares of FireEye in a research report on Sunday, June 2nd. Ten analysts have rated the stock with a hold rating and five have given a buy rating to the stock. FireEye presently has an average rating of “Hold” and an average target price of $19.79.
FireEye, Inc provides cybersecurity solutions that allow organizations to prepare for, prevent, investigate, respond to, and remediate cyber-attacks. The company provides threat detection and prevention solutions, including network security solutions, email security solutions, endpoint security solutions, and customer support and maintenance services.
See Also: Why do companies issue stock splits?
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.