FireEye Inc (FEYE) Stock Is An 52-Week High Flier

September 17, 2017 - By Marguerite Chambers

Investors sentiment decreased to 0.95 in Q4 2016. Its down 0.01, from 0.96 in 2016Q3. It turned negative, as 45 investors sold FireEye Inc shares while 81 reduced holdings. 40 funds opened positions while 80 raised stakes. 101.20 million shares or 8.12% more from 93.60 million shares in 2016Q3 were reported.
Hightower Advisors Limited Co holds 0.02% or 160,570 shares. First Lp has invested 0.01% in FireEye Inc (NASDAQ:FEYE). Advisors Asset Incorporated has 3,323 shares. Tiger Glob Limited Liability Com stated it has 200,000 shares. Plante Moran Fincl Ltd Liability Corp has invested 0.01% in FireEye Inc (NASDAQ:FEYE). Stifel Fincl Corp invested 0% of its portfolio in FireEye Inc (NASDAQ:FEYE). Alpha Cubed Llc accumulated 0.29% or 100,170 shares. Sumitomo Mitsui Asset Management Company Limited reported 1.52 million shares. Royal Retail Bank Of Canada reported 0% stake. Northern Trust owns 684,195 shares. D Scott Neal reported 375 shares. Raymond James Fincl Svcs Advisors has 170,574 shares. Marco Investment Mgmt Ltd Liability reported 0.6% in FireEye Inc (NASDAQ:FEYE). Barrett Asset Ltd Limited Liability Company holds 0% of its portfolio in FireEye Inc (NASDAQ:FEYE) for 100 shares. Nomura Holding Incorporated holds 0% of its portfolio in FireEye Inc (NASDAQ:FEYE) for 76,694 shares.

The stock of FireEye Inc (NASDAQ:FEYE) hit a new 52-week high and has $17.86 target or 3.00 % above today’s $17.34 share price. The 6 months bullish chart indicates low risk for the $3.16 billion company. The 1-year high was reported on Sep, 17 by Barchart.com. If the $17.86 price target is reached, the company will be worth $94.80 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.82% or $0.31 on September 15, reaching $17.34. About 6.70M shares traded or 34.81% up from the average. FireEye Inc (NASDAQ:FEYE) has risen 11.41% since September 17, 2016 and is uptrending. It has underperformed by 5.29% the S&P500.

Analysts expect FireEye Inc (NASDAQ:FEYE) to report $-0.30 EPS on November, 2.They anticipate $0.16 EPS change or 34.78 % from last quarter’s $-0.46 EPS. After having $-0.26 EPS previously, FireEye Inc’s analysts see 15.38 % EPS growth.

FireEye Inc (NASDAQ:FEYE) Ratings Coverage

Among 32 analysts covering Fireeye Inc (NASDAQ:FEYE), 14 have Buy rating, 0 Sell and 18 Hold. Therefore 44% are positive. Fireeye Inc has $65 highest and $11 lowest target. $22.03’s average target is 27.05% above currents $17.34 stock price. Fireeye Inc had 93 analyst reports since July 24, 2015 according to SRatingsIntel. Morgan Stanley maintained FireEye Inc (NASDAQ:FEYE) rating on Thursday, November 5. Morgan Stanley has “Equal-Weight” rating and $26 target. Citigroup downgraded FireEye Inc (NASDAQ:FEYE) on Friday, August 5 to “Neutral” rating. The rating was initiated by DA Davidson on Friday, October 16 with “Buy”. On Friday, January 13 the stock rating was initiated by Northland Capital with “Outperform”. As per Thursday, August 10, the company rating was maintained by Oppenheimer. On Wednesday, August 2 the stock rating was maintained by BMO Capital Markets with “Market Perform”. Barclays Capital maintained FireEye Inc (NASDAQ:FEYE) on Friday, February 12 with “Equal-Weight” rating. The stock of FireEye Inc (NASDAQ:FEYE) has “Neutral” rating given on Thursday, November 5 by Bank of America. The firm has “Neutral” rating by JP Morgan given on Friday, August 5. The stock has “Underweight” rating by First Analysis on Monday, October 24.

More notable recent FireEye Inc (NASDAQ:FEYE) news were published by: Streetinsider.com which released: “Stephens Upgrades FireEye, Inc (FEYE) to Overweight” on September 11, 2017, also Fool.com with their article: “The case for Fortinet” published on August 24, 2017, Fool.com published: “Don’t Get Greedy With FireEye, Inc. Stock” on September 15, 2017. More interesting news about FireEye Inc (NASDAQ:FEYE) were released by: Seekingalpha.com and their article: “FireEye: Bullish Outlook” published on September 11, 2017 as well as Nasdaq.com‘s news article titled: “Unterberg Capital LLC Buys FireEye Inc, Bankrate Inc, Web. …” with publication date: September 01, 2017.

FireEye, Inc. provides intelligence cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The company has market cap of $3.16 billion. The Firm offers various products, such as Threat Detection and Prevention Solutions, which include network security products Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series). It currently has negative earnings.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: