Two Sigma Advisers LP Invests $22.17 Million in FireEye Inc (NASDAQ:FEYE)

Two Sigma Advisers LP purchased a new stake in shares of FireEye Inc (NASDAQ:FEYE) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,367,715 shares of the information security company’s stock, valued at approximately $22,171,000. Two Sigma Advisers LP owned about 0.69% of FireEye as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Private Advisor Group LLC purchased a new position in shares of FireEye during the third quarter valued at approximately $455,000. Commonwealth Equity Services LLC increased its position in shares of FireEye by 9.6% during the third quarter. Commonwealth Equity Services LLC now owns 64,705 shares of the information security company’s stock valued at $1,099,000 after acquiring an additional 5,689 shares in the last quarter. SG Americas Securities LLC increased its position in shares of FireEye by 1,122.8% during the third quarter. SG Americas Securities LLC now owns 80,817 shares of the information security company’s stock valued at $1,374,000 after acquiring an additional 74,208 shares in the last quarter. Canada Pension Plan Investment Board increased its position in shares of FireEye by 11.6% during the third quarter. Canada Pension Plan Investment Board now owns 30,900 shares of the information security company’s stock valued at $525,000 after acquiring an additional 3,200 shares in the last quarter. Finally, Greenwood Capital Associates LLC bought a new stake in shares of FireEye during the third quarter valued at approximately $569,000. 73.82% of the stock is owned by institutional investors.

FEYE stock traded down $0.01 during midday trading on Monday, hitting $16.08. 2,031,831 shares of the stock traded hands, compared to its average volume of 3,719,593. The firm has a market cap of $3.27 billion, a PE ratio of -22.33 and a beta of 0.96. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.03 and a current ratio of 2.04. FireEye Inc has a 1-year low of $14.20 and a 1-year high of $20.61.

FireEye (NASDAQ:FEYE) last posted its quarterly earnings data on Wednesday, February 6th. The information security company reported ($0.12) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.14) by $0.02. The business had revenue of $217.53 million for the quarter, compared to the consensus estimate of $216.79 million. FireEye had a negative net margin of 29.26% and a negative return on equity of 21.37%. The company’s revenue was up 5.7% compared to the same quarter last year. During the same period last year, the firm posted $0.01 earnings per share. Research analysts predict that FireEye Inc will post -0.51 earnings per share for the current fiscal year.

FEYE has been the subject of several analyst reports. Zacks Investment Research downgraded shares of FireEye from a “buy” rating to a “hold” rating in a research report on Thursday, February 14th. BidaskClub raised shares of FireEye from a “hold” rating to a “buy” rating in a research report on Friday, January 11th. BTIG Research downgraded shares of FireEye from a “buy” rating to a “neutral” rating and set a $16.30 price target for the company. in a research report on Thursday, February 7th. Finally, JPMorgan Chase & Co. raised shares of FireEye from a “neutral” rating to an “overweight” rating and set a $20.00 target price for the company in a research report on Monday, March 11th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $19.55.

In other FireEye news, President Travis M. Reese sold 101,617 shares of the stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $16.71, for a total transaction of $1,698,020.07. Following the transaction, the president now directly owns 904,097 shares of the company’s stock, valued at $15,107,460.87. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Frank Verdecanna sold 55,775 shares of the stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $16.71, for a total transaction of $932,000.25. Following the transaction, the chief financial officer now directly owns 501,644 shares in the company, valued at $8,382,471.24. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 208,255 shares of company stock worth $3,479,941. Insiders own 2.40% of the company’s stock.

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FireEye Company Profile

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.

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Institutional Ownership by Quarter for FireEye (NASDAQ:FEYE)

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