FireEye Inc (NASDAQ:FEYE) had its target price lowered by Wedbush from $21.00 to $18.00 in a research report report published on Monday, Analyst Ratings.Net reports. The firm currently has a neutral rating on the information security company’s stock.

In other FireEye news, CEO David G. Dewalt acquired 22,500 shares of FireEye stock in a transaction that occurred on Friday, November 6th. The stock was acquired at an average price of $22.65 per share, with a total value of $509,625.00. Following the purchase, the chief executive officer now owns 4,455,401 shares in the company, valued at $100,914,832.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Michael J. Berry acquired 13,500 shares of FireEye stock in a transaction that occurred on Friday, November 6th. The stock was acquired at an average cost of $22.68 per share, with a total value of $306,180.00. Following the purchase, the chief financial officer now owns 128,500 shares in the company, valued at approximately $2,914,380. The disclosure for this purchase can be found here.

Several large investors have added to or reduced their stakes in FEYE. Stonebridge Capital Management Inc. raised its stake in FireEye by 110.0% in the fourth quarter. Stonebridge Capital Management Inc. now owns 27,750 shares of the information security company’s stock valued at $575,000 after buying an additional 14,535 shares during the last quarter. VSR Financial Services Inc. raised its stake in FireEye by 69.9% in the fourth quarter. VSR Financial Services Inc. now owns 21,260 shares of the information security company’s stock valued at $441,000 after buying an additional 8,750 shares during the last quarter. Dudley & Shanley LLC acquired a new stake in FireEye during the fourth quarter valued at about $695,000. FNY Managed Accounts LLC raised its stake in FireEye by 156.0% in the fourth quarter. FNY Managed Accounts LLC now owns 16,000 shares of the information security company’s stock valued at $332,000 after buying an additional 9,751 shares during the last quarter. Finally, Harvey Capital Management Inc. raised its stake in FireEye by 1.9% in the fourth quarter. Harvey Capital Management Inc. now owns 259,750 shares of the information security company’s stock valued at $5,387,000 after buying an additional 4,750 shares during the last quarter.

A number of other brokerages have also recently issued reports on FEYE. Morgan Stanley cut their target price on shares of FireEye from $44.00 to $26.00 and set an equal weight rating on the stock in a report on Thursday, November 5th. Wunderlich cut their price target on FireEye from $32.00 to $21.00 and set a buy rating on the stock in a report on Wednesday, January 20th. JPMorgan Chase & Co. reaffirmed an overweight rating and set a $30.00 price target on shares of FireEye in a report on Thursday, January 21st. Nomura assumed coverage on FireEye in a report on Thursday, January 21st. They set a buy rating on the stock. Finally, Stifel Nicolaus cut their price target on FireEye from $55.00 to $45.00 and set a buy rating on the stock in a report on Thursday, November 5th. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of Hold and an average target price of $34.36.

Shares of FireEye (NASDAQ:FEYE) traded down 3.042% during midday trading on Monday, reaching $13.739. The company’s stock had a trading volume of 5,375,668 shares. FireEye has a 12 month low of $13.28 and a 12 month high of $55.33. The stock’s 50 day moving average is $19.13 and its 200 day moving average is $30.63. The stock’s market capitalization is $2.21 billion.

FireEye (NASDAQ:FEYE) last issued its earnings results on Wednesday, November 4th. The information security company reported ($0.37) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.45) by $0.08. The business earned $165.60 million during the quarter, compared to the consensus estimate of $167.13 million. The business’s revenue was up 45.0% on a year-over-year basis. During the same period in the prior year, the business earned ($0.51) EPS. On average, analysts forecast that FireEye will post ($1.62) EPS for the current fiscal year.

FireEye, Inc. provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. The Company’s cybersecurity solutions combine its virtual-machine technology, threat intelligence and security in a suite of products and services. Its virtual machine-based technology delivers detection and prevention, and to provide real-time protection to enterprises and governments across the world. Its cybersecurity platform includes a family of software-based appliances, cloud-based subscription services, support and maintenance and other services. Its threat prevention appliance families address vectors of attack: Web, email, file, endpoint and mobile. It operates throughout the United States and various international locations, including Australia, Dubai, India, Ireland, Japan, South Korea, Singapore, Taiwan, Turkey and the United Kingdom. Its marketing team consists of corporate marketing, channel marketing, account/lead development, operations and corporate communications.

12 Month Chart for NASDAQ:FEYE

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