FireEye, Inc. (NASDAQ:FEYE) Shares Bought by Evercore Wealth Management LLC

Evercore Wealth Management LLC grew its stake in FireEye, Inc. (NASDAQ:FEYE) by 40.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,000 shares of the information security company’s stock after purchasing an additional 10,000 shares during the period. Evercore Wealth Management LLC’s holdings in FireEye were worth $685,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Tudor Investment Corp Et Al lifted its stake in shares of FireEye by 46.3% in the 1st quarter. Tudor Investment Corp Et Al now owns 41,138 shares of the information security company’s stock worth $805,000 after acquiring an additional 13,011 shares during the period. Cubist Systematic Strategies LLC boosted its holdings in FireEye by 57.3% in the 1st quarter. Cubist Systematic Strategies LLC now owns 80,775 shares of the information security company’s stock valued at $1,581,000 after purchasing an additional 29,414 shares in the last quarter. Truvestments Capital LLC increased its position in FireEye by 13.5% during the 1st quarter. Truvestments Capital LLC now owns 30,563 shares of the information security company’s stock worth $598,000 after purchasing an additional 3,646 shares during the period. California State Teachers Retirement System raised its stake in shares of FireEye by 1.4% during the 1st quarter. California State Teachers Retirement System now owns 395,170 shares of the information security company’s stock worth $7,733,000 after buying an additional 5,519 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC lifted its holdings in shares of FireEye by 205.3% in the 1st quarter. Schonfeld Strategic Advisors LLC now owns 56,900 shares of the information security company’s stock valued at $1,114,000 after buying an additional 38,260 shares during the period. 80.45% of the stock is currently owned by institutional investors and hedge funds.

In other news, CEO Kevin R. Mandia sold 150,000 shares of the firm’s stock in a transaction on Monday, May 10th. The stock was sold at an average price of $20.06, for a total transaction of $3,009,000.00. Following the sale, the chief executive officer now owns 3,311,608 shares in the company, valued at $66,430,856.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Arthur W. Coviello, Jr. acquired 10,000 shares of the stock in a transaction dated Wednesday, June 9th. The stock was acquired at an average cost of $20.18 per share, with a total value of $201,800.00. Following the transaction, the director now owns 28,922 shares of the company’s stock, valued at $583,645.96. The disclosure for this purchase can be found here. 2.20% of the stock is owned by company insiders.

Several research analysts have issued reports on the company. Barclays cut their price objective on FireEye from $22.00 to $20.00 and set an “underweight” rating for the company in a research report on Thursday, July 8th. Mizuho reduced their price objective on shares of FireEye from $23.00 to $21.00 and set a “neutral” rating for the company in a research note on Friday, July 16th. Finally, Zacks Investment Research upgraded shares of FireEye from a “sell” rating to a “hold” rating and set a $22.00 target price on the stock in a research report on Tuesday, June 29th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $21.00.

Shares of FireEye stock opened at $20.36 on Thursday. FireEye, Inc. has a 1 year low of $12.26 and a 1 year high of $25.53. The company has a debt-to-equity ratio of 1.36, a current ratio of 2.14 and a quick ratio of 2.13. The stock’s 50 day moving average is $20.87.

FireEye (NASDAQ:FEYE) last released its quarterly earnings results on Tuesday, April 27th. The information security company reported ($0.12) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.10) by ($0.02). The company had revenue of $246.00 million during the quarter, compared to analyst estimates of $237.00 million. FireEye had a negative return on equity of 9.48% and a negative net margin of 18.88%. The business’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the firm earned ($0.02) earnings per share. On average, analysts forecast that FireEye, Inc. will post -0.33 EPS for the current fiscal year.

FireEye Company Profile

FireEye, Inc operates as an intelligence-led security company. The firm engages in intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber attacks. It operates through the following geographical segments: United States; EMEA; APAC; and Other.

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Institutional Ownership by Quarter for FireEye (NASDAQ:FEYE)

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