Large Outflow of Money Witnessed in FireEye

FireEye (FEYE) : Money flow in the FireEye (FEYE) stock was negative (4.5 million) on Tuesday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $12.87 million, compared to $17.37 million on downticks. The total uptick to downtick ratio was 0.74, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($4.43 million), indicating selling on the strength. The transaction value during uptick in block trades was $0.16 million. Downtick transaction value in block trades amounted to $4.6 million, indicating persistent selling. The uptick to downtick ratio was 0.04. FireEye (FEYE) traded $0.47 higher at $16.78 gaining 2.85% over the previous days close.


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 48.44% of FireEye shares. During last six month period, the net percent change held by insiders has seen a change of 7.87%. In an insider trading activity, 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.

Shares of FireEye, Inc. rose by 4.83% in the last five trading days and 5.69% for the last 4 weeks. FireEye, Inc. has dropped 2.68% during the last 3-month period . Year-to-Date the stock performance stands at -19.43%.

FireEye (NASDAQ:FEYE): stock turned positive on Tuesday. Though the stock opened at $16.06, the bulls momentum made the stock top out at $16.89 level for the day. The stock recorded a low of $15.86 and closed the trading day at $16.71, in the green by 2.45%. The total traded volume for the day was 5,720,645. The stock had closed at $16.31 in the previous days trading.

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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