Stoneridge Investment Prtnrs Llc reported 0.14% in FireEye Inc (NASDAQ:FEYE). BMO Capital Markets lifted their target price on shares of FireEye from $11.00 to $15.00 and gave the stock a market perform rating in a research note on Wednesday, May 3rd. Barclays PLC restated an "equal weight" rating and set a $14.00 price objective (up previously from $10.00) on shares of FireEye in a report on Wednesday, May 3rd. Stifel Nicolaus reiterated a buy rating on shares of FireEye in a report on Wednesday, July 19th. Zacks Investment Research lowered FireEye from a buy rating to a hold rating in a report on Monday, April 10th. Evercore ISI reaffirmed a buy rating and issued a $16.00 target price (up previously from $14.00) on shares of FireEye in a research report on Wednesday, May 3rd. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. The stock now has an average rating of Hold and a consensus target price of $15.97.
FireEye (NASDAQ:FEYE) last announced its earnings results on Tuesday, August 1st. The firm purchased 33,792 shares of the information security company's stock, valued at approximately $514,000. The firm's market capitalization is $2.56 billion.
FireEye, Inc. has a 52-week low of $10.35 and a 52-week high of $16.40. 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 net margin of 46.37% and a negative return on equity of 26.21%. Analysts expect next quarter's EPS to be $0.64 and the next full year EPS is projected to be $2.63. The business's revenue for the quarter was up 6.0% on a year-over-year basis.
Currently, EPS of FireEye, Inc. Wrapmanager Inc.'s holdings in FireEye were worth $260,000 as of its most recent filing with the SEC. "(FEYE) Upgraded at Vetr Inc." was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this article on another domain, it was stolen and reposted in violation of United States & worldwide copyright and trademark law. The original version of this article can be accessed at https://baseballnewssource.com/markets/pnc-financial-services-group-inc-has-173000-stake-in-fireeye-inc-feye-updated-updated-updated/1259806.html.
In related news, EVP Alexa King sold 69,884 shares of FireEye stock in a transaction on Thursday, August 3rd. The Horrell Capital Management Inc holds 120,000 shares with $1.43M value, up from 55,000 last quarter. Following the sale, the executive vice president now owns 428,733 shares in the company, valued at $6,199,479.18. (NASDAQ:FEYE) that has shown a discernible change in trend levels over the path of recent market activity. The insider now directly owns 2,993,958 shares worth $42,095,049.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. The Manufacturers Life Insurance Company now owns 6,623 shares of the information security company's stock valued at $101,000 after buying an additional 1,528 shares during the period. Bank of Montreal Can raised its stake in shares of FireEye by 37.4% in the first quarter. Migdal Insurance & Financial Holdings Ltd. boosted its position in FireEye by 15.9% in the second 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 in the last quarter. Shapiro Capital Management Llc owns $244.96 million in FireEye, Inc., which represents roughly 9.64% of the company's market cap and approximately 14.08% of the institutional ownership. Finally, Neuberger Berman Group LLC raised its position in shares of FireEye by 32.8% 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 in the last quarter.
Institutional investors now hold around $1.74 billion or 68.4% in FEYE stock.