Ivory Investment Management LP Has Decreased Fireeye INC (FEYE) Position by $20.08 Million as Share Value Declined

June 16, 2018 - By Kristen Paramore

FireEye, Inc. (NASDAQ:FEYE) LogoInvestors sentiment decreased to 1.14 in Q1 2018. Its down 0.01, from 1.15 in 2017Q4. It dropped, as 20 investors sold FEYE shares while 81 reduced holdings. 46 funds opened positions while 69 raised stakes. 118.79 million shares or 1.56% more from 116.96 million shares in 2017Q4 were reported. State Board Of Administration Of Florida Retirement Systems holds 238,860 shares. Da Davidson And reported 54,698 shares. Comerica Bancshares holds 75,122 shares. State Street holds 0% of its portfolio in FireEye, Inc. (NASDAQ:FEYE) for 2.29 million shares. Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.01% in FireEye, Inc. (NASDAQ:FEYE). Tocqueville Asset Lp accumulated 379,425 shares. Northern Tru holds 990,664 shares. Us Fincl Bank De reported 14,380 shares or 0% of all its holdings. Fifth Third Bank & Trust reported 7,191 shares or 0% of all its holdings. Brown Advisory has invested 0% in FireEye, Inc. (NASDAQ:FEYE). Guggenheim Capital Limited Liability stated it has 0% of its portfolio in FireEye, Inc. (NASDAQ:FEYE). Tortoise Capital Advisors Lc invested in 70 shares. First Allied Advisory reported 17,325 shares stake. Benjamin F Edwards & Communication accumulated 0.04% or 21,900 shares. 1,000 were reported by Plante Moran Advsrs Ltd Liability Com.

Since February 16, 2018, it had 0 insider purchases, and 12 sales for $6.68 million activity. VERDECANNA FRANK sold $16,184 worth of stock. $1.83 million worth of FireEye, Inc. (NASDAQ:FEYE) was sold by Mandia Kevin R.. Robbins William T sold 15,053 shares worth $261,121. King Alexa also sold $1.77M worth of FireEye, Inc. (NASDAQ:FEYE) shares.

Curtis Macnguyen decreased its stake in Fireeye Inc (FEYE) by 35.26% based on its latest 2018Q1 regulatory filing with the SEC. Ivory Investment Management Lp sold 1.25 million shares as the company’s stock declined 1.55% with the market. The hedge fund run by Curtis Macnguyen held 2.30M shares of the technology company at the end of 2018Q1, valued at $39.00M, down from 3.56M at the end of the previous reported quarter. Ivory Investment Management Lp who had been investing in Fireeye Inc for a number of months, seems to be less bullish one the $3.21B market cap company. The stock decreased 1.56% or $0.27 during the last trading session, reaching $17.03. About 3.08 million shares traded. FireEye, Inc. (NASDAQ:FEYE) has risen 12.35% since June 16, 2017 and is uptrending. It has underperformed by 0.22% the S&P500.

Ivory Investment Management Lp, which manages about $3.62B and $1.66 billion US Long portfolio, upped its stake in Anthem Inc (NYSE:ANTM) by 26,775 shares to 185,020 shares, valued at $40.65 million in 2018Q1, according to the filing. It also increased its holding in Qualcomm Inc (NASDAQ:QCOM) by 513,580 shares in the quarter, for a total of 1.82M shares, and has risen its stake in Dover Corp (NYSE:DOV).

Analysts await FireEye, Inc. (NASDAQ:FEYE) to report earnings on August, 7. They expect $-0.22 earnings per share, up 15.38 % or $0.04 from last year’s $-0.26 per share. After $-0.27 actual earnings per share reported by FireEye, Inc. for the previous quarter, Wall Street now forecasts -18.52 % EPS growth.

More news for FireEye, Inc. (NASDAQ:FEYE) were recently published by: Investorplace.com, which released: “20 Nasdaq-100 Stocks That Will Heat Up 2H18” on June 15, 2018. 247Wallst.com‘s article titled: “Short Sellers Hike Bets in Cybersecurity Stocks” and published on June 12, 2018 is yet another important article.

FireEye, Inc. (NASDAQ:FEYE) Ratings Coverage

Among 12 analysts covering FireEye Inc (NASDAQ:FEYE), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. FireEye Inc had 15 analyst reports since February 8, 2018 according to SRatingsIntel. Oppenheimer maintained the shares of FEYE in report on Thursday, February 8 with “Buy” rating. The firm has “Buy” rating by Stephens given on Friday, February 9. The rating was upgraded by First Analysis on Friday, March 2 to “Overweight”. The rating was maintained by Barclays Capital with “Equal-Weight” on Thursday, May 3. Oppenheimer maintained the stock with “Buy” rating in Monday, March 5 report. UBS maintained the shares of FEYE in report on Tuesday, May 29 with “Neutral” rating. The firm has “Market Perform” rating given on Thursday, May 3 by BMO Capital Markets. The stock of FireEye, Inc. (NASDAQ:FEYE) has “Hold” rating given on Thursday, May 3 by Deutsche Bank. The stock of FireEye, Inc. (NASDAQ:FEYE) has “Hold” rating given on Thursday, February 8 by BMO Capital Markets. Stifel Nicolaus maintained FireEye, Inc. (NASDAQ:FEYE) on Thursday, February 8 with “Buy” rating.

FireEye, Inc. (NASDAQ:FEYE) Institutional Positions Chart

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