FireEye, Inc. (NASDAQ:FEYE) registered a 4.55% increase, still its new closing price is 24.66% up from the company’s 1 year high of 19.63.It posted 6.11% gains in previous 5 sessions and is now the subject of 19 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 31 stock analysts following this company have an average price target at $16.58, with individual PT in the $11.00-$28.00 range. The shares moved at $13.55, implying that brokerage firms see shares losing about -5.97% in twelve months time.
FireEye, Inc. (FEYE) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 13.87% rise year to date. A CEO at FireEye, Inc. (FEYE) offloaded shares in a transaction closed on Wednesday January 04, 2017. Mandia Kevin R. sold 112,581 shares in the company at $12.29 each and collected $1,383,001 in proceeds. Mandia Kevin R. now owns 2,976,741 shares in the company after this transaction. A EVP, WW Sales in the company, Robbins William T, disclosed a transaction on Tuesday January 03, 2017 that ended up generating $637,001 from the sale of 54,786 shares at $11.64 per share.
FireEye, Inc. (NASDAQ:FEYE) Upcoming Results on Tap
FireEye, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.15 in that period. Sales during the quarter are predicted to arrive at $176.67 million.
Earnings surprise history: Last quarter, the company posted approximately $186.41 million in revenue and EPS of $-0.18. The mean forecast was for $182.65 million and $-0.31 a share, respectively. One quarter earlier, revenue for the stock was at $175.04 million, with earnings at $-0.33/share.
FireEye, Inc. (FEYE) Brokerage Update
FireEye, Inc. (FEYE) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were downgraded to Sell from Neutral by Goldman, according to news reported on Tuesday November 22, 2016.Another important research note was issued by First Analysis Sec on Monday October 24, 2016.The firm downgraded FEYE to Underweight from Equal-Weight. Over the last six months and over the last three months, the shares of FireEye, Inc. (FEYE), have changed -20.11% and 17.52%, respectively.