Insider Buying: Mandiant Inc (NASDAQ:MNDT) COO Buys 10,000 Shares of Stock

Mandiant Inc (NASDAQ:MNDT) COO John P. Watters bought 10,000 shares of Mandiant stock in a transaction that occurred on Tuesday, November 23rd. The stock was purchased at an average price of $16.55 per share, for a total transaction of $165,500.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

NASDAQ:MNDT opened at $17.16 on Thursday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.28 and a current ratio of 1.28. Mandiant Inc has a one year low of $13.27 and a one year high of $25.53. The stock has a market capitalization of $4.12 billion, a P/E ratio of -16.99 and a beta of 0.96.

Mandiant (NASDAQ:MNDT) last released its quarterly earnings results on Thursday, November 4th. The company reported $0.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.33) by $0.39. Mandiant had a negative return on equity of 9.97% and a negative net margin of 30.46%. The business had revenue of $121.97 million for the quarter, compared to analysts’ expectations of $120.78 million. During the same quarter in the previous year, the firm posted ($0.06) earnings per share. The company’s revenue was up 21.9% compared to the same quarter last year. As a group, equities research analysts predict that Mandiant Inc will post -1.24 earnings per share for the current year.

A number of research analysts have commented on MNDT shares. Colliers Securities restated a “buy” rating on shares of Mandiant in a research note on Friday, November 5th. Zacks Investment Research upgraded Mandiant from a “sell” rating to a “hold” rating in a research note on Friday, November 19th. Barclays reduced their price objective on Mandiant from $20.00 to $19.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 13th. Morgan Stanley started coverage on Mandiant in a research note on Thursday, October 7th. They set an “equal weight” rating and a $19.00 price objective on the stock. Finally, The Goldman Sachs Group began coverage on Mandiant in a research note on Tuesday, October 19th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $19.00.

A number of institutional investors have recently made changes to their positions in MNDT. Graypoint LLC bought a new stake in Mandiant in the third quarter valued at about $184,000. Captrust Financial Advisors bought a new stake in Mandiant in the third quarter valued at about $248,000. Tudor Investment Corp Et Al bought a new stake in Mandiant in the third quarter valued at about $1,163,000. Finally, Marshall Wace LLP bought a new stake in Mandiant in the third quarter valued at about $17,713,000. 84.13% of the stock is owned by hedge funds and other institutional investors.

About Mandiant

Mandiant, 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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