S Squared Technology LLC lifted its stake in FireEye Inc (NASDAQ:FEYE) by 25.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 172,251 shares of the information security company’s stock after purchasing an additional 35,000 shares during the quarter. FireEye comprises 2.3% of S Squared Technology LLC’s portfolio, making the stock its 14th biggest holding. S Squared Technology LLC owned about 0.09% of FireEye worth $2,928,000 as of its most recent filing with the SEC.
Other institutional investors also recently made changes to their positions in the company. Janney Montgomery Scott LLC lifted its stake in FireEye by 63.8% in the second quarter. Janney Montgomery Scott LLC now owns 30,751 shares of the information security company’s stock valued at $473,000 after buying an additional 11,983 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in FireEye by 11.2% in the second quarter. Commonwealth Equity Services LLC now owns 59,016 shares of the information security company’s stock valued at $908,000 after buying an additional 5,955 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. bought a new position in FireEye in the second quarter valued at approximately $324,000. Migdal Insurance & Financial Holdings Ltd. lifted its stake in FireEye by 420.8% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 74,351 shares of the information security company’s stock valued at $1,144,000 after buying an additional 60,074 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in FireEye by 64.3% in the second quarter. First Trust Advisors LP now owns 1,343,821 shares of the information security company’s stock valued at $20,681,000 after buying an additional 525,719 shares in the last quarter. Hedge funds and other institutional investors own 74.10% of the company’s stock.
In other FireEye news, EVP William T. Robbins sold 33,591 shares of the company’s stock in a transaction on Wednesday, October 17th. The shares were sold at an average price of $18.00, for a total value of $604,638.00. Following the transaction, the executive vice president now directly owns 325,853 shares in the company, valued at $5,865,354. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP William T. Robbins sold 1,409 shares of the company’s stock in a transaction on Wednesday, October 24th. The shares were sold at an average price of $18.01, for a total transaction of $25,376.09. Following the completion of the transaction, the executive vice president now owns 324,444 shares in the company, valued at $5,843,236.44. The disclosure for this sale can be found here. Insiders have sold 99,643 shares of company stock worth $1,862,222 over the last ninety days. Insiders own 2.40% of the company’s stock.
NASDAQ FEYE traded up $0.11 on Monday, hitting $20.12. 1,046,873 shares of the stock were exchanged, compared to its average volume of 5,427,606. The company has a current ratio of 2.02, a quick ratio of 2.01 and a debt-to-equity ratio of 1.46. FireEye Inc has a 52 week low of $13.52 and a 52 week high of $20.61. The firm has a market capitalization of $3.94 billion, a P/E ratio of -18.46 and a beta of 0.28.
FireEye (NASDAQ:FEYE) last posted its quarterly earnings results on Tuesday, October 30th. The information security company reported $0.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.04. FireEye had a negative net margin of 33.32% and a negative return on equity of 22.98%. The firm had revenue of $211.65 million for the quarter, compared to analyst estimates of $208.46 million. During the same period in the prior year, the firm posted ($0.04) earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. On average, research analysts anticipate that FireEye Inc will post -0.71 EPS for the current fiscal year.
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FireEye Company Profile
FireEye, Inc provides cybersecurity solutions that allow organizations to prepare for, prevent, respond to, and remediate cyber-attacks. It offers vector-specific appliance, virtual appliance, and cloud-based solutions to detect and block known and unknown cyber-attacks. The company provides threat detection and prevention solutions, including network security products, email security solutions, and endpoint security solutions.
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