Harvey Capital Management Inc. boosted its stake in FireEye Inc (NASDAQ:FEYE) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 259,750 shares of the information security company’s stock after buying an additional 4,750 shares during the period. FireEye comprises 2.1% of Harvey Capital Management Inc.’s investment portfolio, making the stock its 19th largest position. Harvey Capital Management Inc.’s holdings in FireEye were worth $5,387,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Sigma Planning raised its stake in FireEye by 29.7% in the fourth quarter. Sigma Planning now owns 17,874 shares of the information security company’s stock valued at $371,000 after buying an additional 4,098 shares during the period. Fourth Swedish National Pension Fund raised its stake in FireEye by 37.5% in the fourth quarter. Fourth Swedish National Pension Fund now owns 41,272 shares of the information security company’s stock valued at $856,000 after buying an additional 11,246 shares during the period. Quantitative Systematic Strategies purchased a new stake in FireEye during the fourth quarter valued at approximately $302,000. BB&T Securities purchased a new stake in FireEye during the fourth quarter valued at approximately $342,000. Finally, Marcus Capital purchased a new stake in FireEye during the fourth quarter valued at approximately $939,000.

FireEye Inc (NASDAQ:FEYE) opened at 13.77 on Friday. The firm’s 50 day moving average price is $18.89 and its 200 day moving average price is $30.50. The stock’s market cap is $2.21 billion. FireEye Inc has a one year low of $13.28 and a one year high of $55.33.

FireEye (NASDAQ:FEYE) last announced its quarterly earnings data on Wednesday, November 4th. The information security company reported ($0.37) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.45) by $0.08. The company had revenue of $165.60 million for the quarter, compared to analysts’ expectations of $167.13 million. The firm’s quarterly revenue was up 45.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.51) earnings per share. Equities analysts forecast that FireEye Inc will post ($1.62) earnings per share for the current year.

Several equities research analysts have commented on the company. Wedbush reiterated a “buy” rating on shares of FireEye in a research note on Monday, October 12th. Oppenheimer cut their price objective on FireEye from $58.00 to $48.00 and set an “outperform” rating for the company in a research note on Thursday, November 5th. OTR Global lowered FireEye from a “mixed” rating to a “negative” rating in a research report on Thursday. Barclays dropped their price target on FireEye from $39.00 to $29.00 and set an “equal weight” rating for the company in a research report on Thursday, November 5th. Finally, FBR & Co. restated a “market perform” rating and issued a $28.00 price target on shares of FireEye in a research report on Thursday, January 21st. Two research analysts have rated the stock with a sell rating, seventeen have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $34.36.

In related news, CEO David G. Dewalt acquired 22,500 shares of the stock in a transaction dated Friday, November 6th. The stock was bought at an average cost of $22.65 per share, with a total value of $509,625.00. Following the purchase, the chief executive officer now directly owns 4,455,401 shares of the company’s stock, valued at $100,914,832.65. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Michael J. Berry acquired 13,500 shares of the stock in a transaction dated Friday, November 6th. The shares were bought at an average cost of $22.68 per share, with a total value of $306,180.00. Following the completion of the purchase, the chief financial officer now directly owns 128,500 shares in the company, valued at $2,914,380. The disclosure for this purchase can be found here.

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.

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