Mufg Securities Emea Plc Lowers stake in FireEye Inc (FEYE)

FireEye Inc (FEYE) : Mufg Securities Emea Plc reduced its stake in FireEye Inc by 0.18% during the most recent quarter end. The investment management company now holds a total of 282,209 shares of FireEye Inc which is valued at $4,052,521 after selling 500 shares in FireEye Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.FireEye Inc makes up approximately 16.85% of Mufg Securities Emea Plc’s portfolio.

Other Hedge Funds, Including , Rhumbline Advisers reduced its stake in FEYE by selling 3,065 shares or 2.39% in the most recent quarter. The Hedge Fund company now holds 125,064 shares of FEYE which is valued at $1,795,919. FireEye Inc makes up approx 0.01% of Rhumbline Advisers’s portfolio.Sandy Spring Bank reduced its stake in FEYE by selling 210 shares or 47.73% in the most recent quarter. The Hedge Fund company now holds 230 shares of FEYE which is valued at $3,317.Bb&t Securities reduced its stake in FEYE by selling 48,250 shares or 65.14% in the most recent quarter. The Hedge Fund company now holds 25,826 shares of FEYE which is valued at $380,417. FireEye Inc makes up approx 0.01% of Bb&t Securities’s portfolio.Crossvault Capital Management reduced its stake in FEYE by selling 7,650 shares or 26.2% in the most recent quarter. The Hedge Fund company now holds 21,550 shares of FEYE which is valued at $355,360. FireEye Inc makes up approx 0.25% of Crossvault Capital Management’s portfolio.Cutler Group Lp reduced its stake in FEYE by selling 8,443 shares or 45.07% in the most recent quarter. The Hedge Fund company now holds 10,291 shares of FEYE which is valued at $173,198. FireEye Inc makes up approx 0.01% of Cutler Group Lp’s portfolio.

FireEye Inc opened for trading at $15.42 and hit $15.72 on the upside on Tuesday, eventually ending the session at $15.42, with a gain of 1.18% or 0.18 points. The heightened volatility saw the trading volume jump to 34,92,509 shares. Company has a market cap of $2,616 M.

On the company’s financial health, FireEye Inc reported $-0.33 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $-0.39. The company had revenue of $175.00 million for the quarter, compared to analysts expectations of $181.57 million. The company’s revenue was up 18.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.41 EPS.

Many Wall Street Analysts have commented on FireEye Inc. Shares were Downgraded by Imperial Capital on Aug 9, 2016 to ” In-line” and Lowered the Price Target to $ 15 from a previous price target of $25 .Shares were Downgraded by Wunderlich on Aug 5, 2016 to ” Hold” and Lowered the Price Target to $ 15 from a previous price target of $21 .FireEye Inc was Downgraded by JP Morgan to ” Neutral” on Aug 5, 2016.

FireEye Inc. is a United States-based company engaged in offering virtual machine-based security platform that provides real-time threat protection to enterprises and governments against the cyber-attacks. The Company’s FireEye Threat Prevention platform provides real-time threat protection without the use of signatures to protect an organization across the primary threat vectors and across the various stages of an attack life cycle. It stops advanced cyber-attacks that use advanced malware zero-day exploits and Advanced Persistent Threat (APT) tactics. Its solutions supplement traditional and next generation firewalls Intrusion Prevention Systems (IPS) anti-virus and gateways. It offers a solution that detects and blocks attacks across Web e-mail endpoint file and mobile threat vectors and latent malware resident on file shares. Its products include Network Security NX Series Malware Analysis AX Series iSIGHT ThreatScape Intelligence and Central Management CM Series.

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