Large Outflow of Money Witnessed in FireEye

FireEye (NASDAQ:FEYE) had an volatile session and gained 0.19 points till last call. The price was at $16, gaining 1.2% till the last intraday data. The total uptick value was $7.25 million while the total downtick value was $9.17 million. The shares saw a net money flow of $(-1.92) million and the up/down ratio stood at 0.79. The stock has seen a change of of -5.27% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-2.66) million. Almost $0 million were received in upticks and approximately $2.66 million were lost in downticks, thereby giving the up/down ratio of 0.


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%. On the companys insider trading activities, Mandia Kevin R., director officer (President) of Fireeye, Inc., executed a transaction worth $350,520 on May 16, 2016. A total of 27,600 shares were purchased at an average price of $12.7. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

FireEye (NASDAQ:FEYE) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.17 points or 1.08% at $15.64 with 5,703,808 shares getting traded. Post opening the session at $15.59, the shares hit an intraday low of $15.38 and an intraday high of $16.4 and the price was in this range throughout the day. The company has a market cap of $2,602 million and the number of outstanding shares have been calculated to be 166,355,310 shares. The 52-week high of FireEye (NASDAQ:FEYE) is $55.33 and the 52-week low is $11.35.

Many analysts have stated their opinion on the company shares. Goldman Sachs initiates coverage on FireEye (NASDAQ:FEYE). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Goldman Sachs announces a current price target of $20 per share. The rating by the firm was issued on March 21, 2016.

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.

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