Mitsubishi Ufj Securities International Plc Lowers stake in FireEye Inc (FEYE)

FireEye Inc (FEYE) : Mitsubishi Ufj Securities International Plc reduced its stake in FireEye Inc by 3.09% during the most recent quarter end. The investment management company now holds a total of 282,709 shares of FireEye Inc which is valued at $3.6 Million after selling 9,000 shares in FireEye Inc , the firm said in a disclosure report filed with the SEC on May 11, 2016.FireEye Inc makes up approximately 21.26% of Mitsubishi Ufj Securities International Plc’s portfolio.

Other Hedge Funds, Including , Ipswich Investment Management boosted its stake in FEYE in the latest quarter, The investment management firm added 4,045 additional shares and now holds a total of 16,150 shares of FireEye Inc which is valued at $206,397. FireEye Inc makes up approx 0.10% of Ipswich Investment Management’s portfolio.Formidable Asset Management reduced its stake in FEYE by selling 75 shares or 1.92% in the most recent quarter. The Hedge Fund company now holds 3,825 shares of FEYE which is valued at $48,884. FireEye Inc makes up approx 0.03% of Formidable Asset Management’s portfolio.Tiaa Cref Investment Management reduced its stake in FEYE by selling 305,940 shares or 30.0% in the most recent quarter. The Hedge Fund company now holds 713,953 shares of FEYE which is valued at $9.2 Million. FireEye Inc makes up approx 0.01% of Tiaa Cref Investment Management’s portfolio.South Dakota Investment Council boosted its stake in FEYE in the latest quarter, The investment management firm added 56,600 additional shares and now holds a total of 180,000 shares of FireEye Inc which is valued at $2.3 Million. FireEye Inc makes up approx 0.05% of South Dakota Investment Council’s portfolio.State Of Wisconsin Investment Board reduced its stake in FEYE by selling 4,100 shares or 4.02% in the most recent quarter. The Hedge Fund company now holds 97,850 shares of FEYE which is valued at $1.3 Million.

FireEye Inc opened for trading at $12.38 and hit $13.27 on the upside on Monday, eventually ending the session at $13.12, with a gain of 2.66% or 0.34 points. The heightened volatility saw the trading volume jump to 61,84,749 shares. Company has a market cap of $2,183 M.

On the company’s financial health, FireEye Inc reported $-0.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on May 5, 2016. Analyst had a consensus of $-0.50. The company had revenue of $168.00 million for the quarter, compared to analysts expectations of $171.72 million. The company’s revenue was up 34.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.48 EPS.

Many Wall Street Analysts have commented on FireEye Inc. Shares were Reiterated by Stifel on May 6, 2016 to “Buy” and Lowered the Price Target to $ 32 from a previous price target of $45 .Shares were Reiterated by UBS on May 6, 2016 to “Neutral” and Lowered the Price Target to $ 16 from a previous price target of $18 .FireEye Inc was Initiated by Goldman to “Neutral” on Mar 21, 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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