In a report issued on August 11, Erik Suppiger from JMP Securities maintained a Hold rating on FireEye (FEYE – Research Report). The company’s shares closed last Monday at $18.66.
According to TipRanks.com, Suppiger is a 5-star analyst with an average return of 33.8% and a 69.7% success rate. Suppiger covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Arista Networks.
FireEye has an analyst consensus of Hold, with a price target consensus of $21.25, a 12.6% upside from current levels. In a report issued on August 6, Robert W. Baird also downgraded the stock to Hold with a $20.00 price target.
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The company has a one-year high of $25.53 and a one-year low of $12.26. Currently, FireEye has an average volume of 4.21M.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FEYE in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
FireEye, Inc. operates as a intelligence-led security company. The firm engages in the intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber attacks. It operates through the following geographical segments: United States; EMEA; APAC; and Other. Its solutions include Enterprise Security; Managed Security; Threat Intelligence; and Industry Solutions. The company was founded by Ashar Aziz in February 2004 and is headquartered in Milpitas, CA.
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