First Analysis Upgrades FireEye Inc to Equal-Weight

Brokerage firm First Analysis Upgrades its rating on FireEye Inc(FEYE). The shares have been rated Equal-Weight. Previously, the analysts had a Underweight rating on the shares. The rating by First Analysis was issued on Feb 3, 2017.

FireEye Inc (FEYE) made into the market gainers list on Tuesdays trading session with the shares advancing 2.40% or 0.26 points. Due to strong positive momentum, the stock ended at $11.11, which is also near the day’s high of $11.15. The stock began the session at $10.96 and the volume stood at 86,87,632 shares. The 52-week high of the shares is $19.63 and the 52 week low is $10.6. The company has a current market capitalization of $1,901 M and it has 17,10,98,280 shares in outstanding.

FireEye Inc(FEYE) last announced its earnings results on Feb 2, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $184.696M. Analysts had an estimated revenue of $190.960M. Earnings per share were $-0.03. Analysts had estimated an EPS of $-0.16.

Several Insider Transactions has been reported to the SEC. On Jan 5, 2017, William T Robbins (EVP, WW Sales) sold 54,786 shares at $11.64 per share price.Also, On Jan 5, 2017, Kevin R. Mandia (Chief Executive Officer) sold 112,581 shares at $12.29 per share price.On Jan 5, 2017, David G Dewalt (Executive Chairman) sold 151,644 shares at $11.64 per share price, according to the Form-4 filing with the securities and exchange commission.

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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