However, revenue jumped to $147.2 million from $94.5 million and the corporate raised its full-year revenue forecast for the second time this yr.
Advertisement
FireEye, Inc. (NASDAQ:FEYE) has seen a rise of 306,331 shares or 1.8% in the short interest. After trading began at $46.18 the stock was seen hitting $47.75 as a peak level and $45.532 as the lowest level. (NASDAQ:FEYE). Previously, the analysts had a Positive rating on the shares. The 50-Day Moving Average price is $49.90 and the 200 Day Moving Average price is recorded at $42.92.
Cybersecurity company FireEye Inc reported its slowest quarterly revenue growth since going public in 2013, and said Chief Financial Officer Michael Sheridan will step down. The company’s stock had a trading volume of 9,718,100 shares. The company has a market cap of $7,246 million and there are 156,330,000 shares in outstanding.
The stock was sold at the average price of $48.74, for a whole trade of $146,220.00. Also, Director Ronald E. F. Codd sold 3,000 shares of the stock in a transaction on Wednesday, July 15th. The disclosure for this sale can be found here. (NASDAQ:FEYE) traded 0.15 points or 0.32% higher at $46.89.The total intraday money flow for the shares came in at a disappointing $(-3.16) million.
Several brokerages recently issued reports on FEYE. FireEye is cut by oTR Worldwide on Friday to some favorable evaluation in a study report.
Advertisement
DeWalt said it was natural for a startup CFO to leave once a company’s market value reaches $1 billion and investors should not worry. During the same quarter last year, the company posted ($0.53) earnings per share. Equities research analysts expect that FireEye will post ($1.80) EPS for the current fiscal year. Vetr increased FireEye from a buy rating to a strong-buy rating and set a $56.11 price goal for the company in an investigation report on Tuesday, July 7th. Finally, Dougherty & Co assumed coverage on shares of FireEye in a research report on Monday, July 13th. The higher estimate for the short term price target is at $65 while the lower estimate is at $29. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating, fifteen have issued a buy rating and two have given a strong buy rating to the company’s stock. Its virtual machine-based technology delivers detection and prevention, and to provide real-time protection to enterprises and governments across the world. The core of its purpose-built, virtual machine-based security platform is its virtual execution (MVX), engine, which identifies and protects against known and unknown threats that existing signature-based technologies are unable to detect. Its threat prevention appliance families address vectors of attack: Web, email, file, endpoint and mobile.
