FireEye (NASDAQ:FEYE) has climbed 6.58% in the past week and advanced 22.19% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 7.86% and the outperformance has advanced to 21.08% for the last 4 weeks period.
FireEye (NASDAQ:FEYE): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.87 and $16.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.05. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.85, notching a gain of 0.66% for the day. The total traded volume was 6,154,905 . The stock had closed at $16.74 on the previous day.
The company shares have dropped -67.86% from its 1 Year high price. On Jun 23, 2015, the shares registered one year high at $53.01 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $15.30 and the 200 Day Moving Average price is recorded at $17.06.
On the companys insider trading activities, Mandia Kevin R., director officer (President) of Fireeye, Inc. had purchased 27,600 shares on May 16, 2016 in a transaction. The price per share was $12.7 and the total amount of the disclosed transaction was $350,520.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Many analysts have stated their opinion on the company shares. Goldman Sachs initiates coverage on FireEye (NASDAQ:FEYE). The shares have now been rated Neutral by the stock experts at the ratings house. Goldman Sachs announces the current price target of $20 per share on FireEye . The rating by the firm was issued on March 21, 2016. Currently the company Insiders own 9.6% of FireEye shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 7.87% . Institutional Investors own 48.48% of FireEye shares. During last six month period, the net percent change held by insiders has seen a change of 7.87%.
FireEye, Inc. provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. The Companys cybersecurity solutions combine its virtual-machine technology, threat intelligence and security in a suite of products and services. Its virtual machine-based technology delivers detection and prevention, and to provide real-time protection to enterprises and governments across the world. Its cybersecurity platform includes a family of software-based appliances, cloud-based subscription services, support and maintenance and other services. Its threat prevention appliance families address vectors of attack: Web, email, file, endpoint and mobile. It operates throughout the United States and various international locations, including Australia, Dubai, India, Ireland, Japan, South Korea, Singapore, Taiwan, Turkey and the United Kingdom. Its marketing team consists of corporate marketing, channel marketing, account/lead development, operations and corporate communications.