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FireEye Stock Puts the Squeeze on Shorts After Earnings


Evercore ISI set a $20.00 target price on shares of FireEye and gave the stock a "buy" rating in a report on Friday. As per Zacks simplified descending rating scale the ABR rank is displayed in the range of 1 to 5 where 1 represents Strong Buy and 5 a Strong Sell.

FEYE has been the topic of a number of analyst reports.

2/9/2018-Susquehanna Bancshares Upgrade from a "Neutral " rating to a " Positive" rating. The stock now has an average rating of Buy and an average target price of $18.09. Northland Securities set a $22.00 target price on FireEye and gave the company a "buy" rating in a research report on Thursday, October 12th.

UBS Group upgraded shares of FireEye (NASDAQ:FEYE) from a neutral rating to a positive rating in a research note issued to investors on Friday morning. Verition Fund Management LLC now owns 12,769 shares of the information security company's stock valued at $194,000 after buying an additional 469 shares in the last quarter.

Delta Lloyd Asset Management N.V. purchased a new stake in shares of FireEye Inc (NASDAQ:FEYE) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. FireEye has a one year low of $10.35 and a one year high of $18.00.

The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E. Fireeye Inc (NASDAQ:FEYE) has a current PEG of 0.

FireEye, Inc. (NASDAQ:FEYE)'s stock on Thursday traded at beginning with a price of $14.32 and when day-trade ended the stock finally plummeted -0.35% to reach at $14.12.


For its fiscal 2018, the company predicts that it will earn up to four cents per share on an adjusted basis, ahead of the Wall Street consensus estimate of a loss of two cents per share. FireEye had a negative return on equity of 24.59% and a negative net margin of 40.43%. The firm had revenue of $202.30 million for the quarter, compared to the consensus estimate of $193.74 million.

Shares of FireEye closed the previous trading session at 14.81 up +0.69 4.89% with 14.319999694824219 shares trading hands.

In other news, Director Ronald E.F. Codd sold 6,767 shares of FireEye stock in a transaction dated Thursday, November 16th. The stock grabbed 39 new institutional investments totaling 9,739,319 shares while 45 institutional investors sold out their entire positions totaling 4,233,662 shares.

The biggest institutional shareholders in FireEye, Inc. include Shapiro Capital Management Co Inc which owns 16 million shares in the company valued at $274.64 million. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The Manufacturers Life Insurance Company now owns 6,623 shares of the information security company's stock worth $101,000 after purchasing an additional 1,528 shares in the last quarter. Dimensional Fund Advisors LP increased its position in FireEye by 0.3% in the 2nd quarter. Resources Investment Advisors Inc. now owns 7,330 shares of the information security company's stock valued at $104,000 after buying an additional 3,607 shares during the last quarter.

Mandia said that FireEye's endpoint protection, threat intelligence and Mandiant services arms all had their best ever quarters and singled out the channel as playing a key role in the improved financial performance.

At the moment 28 analysts are watching FireEye, Inc. Migdal Insurance & Financial Holdings Ltd. now owns 9,134 shares of the information security company's stock valued at $141,000 after buying an additional 1,252 shares in the last quarter.

Meanwhile, during the same quarter FireEye, Inc.

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