Vigilant Capital Management Exits Position in FireEye Inc (FEYE)

FireEye Inc (FEYE) : Vigilant Capital Management has sold out all of its stake in FireEye Inc during the most recent quarter, according to the disclosure filed by the company on Oct 14, 2016 with the SEC. The investment management company has sold out 197 shares of FireEye Inc which is valued at $2,512.

Other Hedge Funds, Including , Edge Wealth Management reduced its stake in FEYE by selling 17,395 shares or 51.19% in the most recent quarter. The Hedge Fund company now holds 16,589 shares of FEYE which is valued at $213,500. FireEye Inc makes up approx 0.09% of Edge Wealth Management’s portfolio.Creative Planning reduced its stake in FEYE by selling 300 shares or 0.13% in the most recent quarter. The Hedge Fund company now holds 232,979 shares of FEYE which is valued at $3,098,621. FireEye Inc makes up approx 0.02% of Creative Planning’s portfolio. Fox Run Management L.l.c. added FEYE to its portfolio by purchasing 16,800 company shares during the most recent quarter which is valued at $223,440. FireEye Inc makes up approx 0.13% of Fox Run Management L.l.c.’s portfolio.Cutler Group Lp reduced its stake in FEYE by selling 5,737 shares or 55.75% in the most recent quarter. The Hedge Fund company now holds 4,554 shares of FEYE which is valued at $62,663.

FireEye Inc closed down -0.12 points or -0.93% at $12.75 with 26,99,871 shares getting traded on Friday. Post opening the session at $12.98, the shares hit an intraday low of $12.75 and an intraday high of $13.22 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, FireEye Inc reported $-0.33 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $-0.39. The company had revenue of $175.00 million for the quarter, compared to analysts expectations of $181.57 million. The company’s revenue was up 18.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.41 EPS.

Many Wall Street Analysts have commented on FireEye Inc. Company shares were Resumed by Wunderlich on Sep 13, 2016 to “Hold”, Firm has raised the Price Target to $ 16 from a previous price target of $15 .Shares were Downgraded by Imperial Capital on Aug 9, 2016 to ” In-line” and Lowered the Price Target to $ 15 from a previous price target of $25 .Shares were Downgraded by Wunderlich on Aug 5, 2016 to ” Hold” and Lowered the Price Target to $ 15 from a previous price target of $21 .

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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