Somewhat Positive Media Coverage Somewhat Unlikely to Impact FireEye (NASDAQ:FEYE) Stock Price

News headlines about FireEye (NASDAQ:FEYE) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. FireEye earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news headlines about the information security company an impact score of 46.597425101365 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news headlines that may have effected Accern’s scoring:

A number of analysts have recently commented on the stock. Barclays boosted their target price on shares of FireEye from $16.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Friday, February 9th. First Analysis raised shares of FireEye from an “equal weight” rating to an “overweight” rating and set a $20.00 target price for the company in a research note on Friday, March 2nd. Evercore ISI reissued a “buy” rating and set a $20.00 target price on shares of FireEye in a research note on Thursday, March 1st. Susquehanna Bancshares raised shares of FireEye from a “neutral” rating to a “positive” rating in a research note on Friday, February 9th. Finally, BidaskClub raised shares of FireEye from a “sell” rating to a “hold” rating in a research note on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $18.26.

Shares of FireEye stock traded up $0.24 during midday trading on Wednesday, reaching $16.83. 3,939,035 shares of the company traded hands, compared to its average volume of 4,117,775. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.92 and a current ratio of 1.93. The stock has a market cap of $3,316.18, a PE ratio of -9.84 and a beta of 0.42. FireEye has a one year low of $11.82 and a one year high of $18.84.

FireEye (NASDAQ:FEYE) last posted its earnings results on Thursday, February 8th. The information security company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. The company had revenue of $202.30 million for the quarter, compared to analyst estimates of $193.74 million. FireEye had a negative net margin of 40.43% and a negative return on equity of 24.93%. FireEye’s revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the business posted ($0.03) EPS. research analysts anticipate that FireEye will post -0.83 earnings per share for the current fiscal year.

In other FireEye news, President Travis M. Reese sold 100,000 shares of the business’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $17.50, for a total value of $1,750,000.00. Following the transaction, the president now directly owns 810,829 shares in the company, valued at approximately $14,189,507.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Kevin R. Mandia sold 113,130 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $16.20, for a total transaction of $1,832,706.00. Following the completion of the transaction, the chief executive officer now owns 3,119,643 shares in the company, valued at $50,538,216.60. The disclosure for this sale can be found here. Insiders sold a total of 478,215 shares of company stock worth $7,889,025 over the last quarter. 2.40% of the stock is currently owned by company insiders.

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FireEye Company Profile

FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) 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).

Insider Buying and Selling by Quarter for FireEye (NASDAQ:FEYE)

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