Large Outflow of Money Witnessed in FireEye

FireEye (FEYE) : The total money flow in FireEye (FEYE) was negative ($5.98 million), which signals selling by the traders on Fridays session. They trimmed their holdings by selling the stock on downticks to the tune of $27.17 million. In comparison, the inflow of money into the stock on upticks was $21.19 million. The uptick to downtick ratio was 0.78. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $6 million. The value of transactions on uptick was $2.3 million. The negative money flow of ($3.7 million) confirms the selling in FireEye (FEYE) on strength. The uptick to downtick ratio of block trades was 0.38. FireEye (FEYE) gained $0.83 at $15.19, a gain of 5.78% over the previous days close. However, the stock registered 4.33% in the week.


The company Insiders own 9.6% of FireEye shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.97% . Institutional Investors own 52.93% of FireEye shares. During last six month period, the net percent change held by insiders has seen a change of -0.14%.

In a related news, The officer (SVP, Finance & CAO), of Fireeye, Inc., Verdecanna Frank had unloaded 158 shares at $14.2 per share in a transaction on August 16, 2016. The total value of transaction was $2,244. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

FireEye (NASDAQ:FEYE): The stock opened at $15.14 and touched an intraday high of $15.44 on Friday. During the day, the stock corrected to an intraday low of $14.99, however, the bulls stepped in and pushed the price higher to close in the green at $15.23 with a gain of 0.26% for the day. The total traded volume for the day was 2,962,778. The stock had closed at $15.19 in the previous trading session.

FireEye (FEYE) : Traders are bullish on FireEye (FEYE) as it has outperformed the S&P 500 by a wide margin of 3.53% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.08%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.6% in the last 1 week, and is up 3.39% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

FireEye, Inc. provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. The Companys 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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