McAfee Corp.
McAfee Corp. provides various integrated security, privacy, and trust solutions to consumers in the United States and internationally. Its security technologies enable home users to protect their devices against fileless attacks, viruses, malware, and other online threats. The company's products include device security comprising anti-malware software and real-time threat defense, online privacy and comprehensive internet security, and identity protection solutions. Its solutions also cover consumers' individual products, such as Mobile Security, Safe Connect, Safe Family, WebAdvisor, and Identity Theft Protection. The company provides personal protection services that protect consumers and their families across their digital lives, which cover cross-device identity protection, online privacy, and Internet and device security against virus, malware, spyware, and ransomware attacks. It provides solution under Total Protection and LiveSafe portfolio brands. McAfee Corp. was incorporated in 2019 and is headquartered in San Jose, California.
IPO Year: 2020
Exchange: NASDAQ
Website: mcafee.com
Recent Analyst Ratings for McAfee Corp.
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/9/2021 | $30.00 → $26.00 | Sector Perform | RBC Capital |
11/9/2021 | $27.00 → $26.00 | Buy → Neutral | Mizuho |
11/8/2021 | $25.00 | Buy → Hold | Deutsche Bank |
9/22/2021 | $26.00 | Neutral | Goldman |
9/7/2021 | $27.00 → $29.00 | Buy → Neutral | UBS |
McAfee Corp. Press Releases
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TPG Appoints Gunther Bright as New Independent Director
TPG Inc. (NASDAQ:TPG), a leading global alternative asset management firm, announced today that Gunther Bright has joined its Board of Directors (the "Board") as an independent director, effective July 1, 2022. "On behalf of the Board and leadership team, we are pleased to welcome Gunther to the TPG Board," said Jim Coulter, Founding Partner and Executive Chairman of TPG. "Gunther is a distinguished leader with a strong track record of driving business transformation and growth strategies on a global scale. He will play an important role in continuing to position TPG for the future of alternatives." Bright brings nearly 30 years of leadership experience at American Express, where he curre
Investor Group Led by Advent International and Permira Completes Acquisition of McAfee
The transaction is valued at over $14 billion Investor Group comprised of Advent, Permira, Crosspoint Capital, CPP Investments, GIC and ADIA McAfee Corp. (NASDAQ:MCFE, "McAfee"))), a global leader in online protection, today announced the completion of its acquisition by an investor group led by Advent International Corporation ("Advent") and funds advised by Permira, Crosspoint Capital Partners L.P. ("Crosspoint"), Canada Pension Plan Investment Board ("CPP Investments"), GIC Private Limited ("GIC"), and a wholly-owned subsidiary of the Abu Dhabi Investment Authority ("ADIA") (collectively, "the Investor Group"). "We are very excited about this acquisition and working with the Invest
New McAfee Global Research Shows Children and Teens Are More Vulnerable Than Ever to Sophisticated Mobile Threats
With device-based consumer behavior changing rapidly, McAfee showcased its Consumer Mindset Survey: Mobile Report and Consumer Mobile Threat Report ahead of Mobile World Congress (Barcelona) McAfee's 2022 Consumer Mindset Survey: Mobile Report reveals that as mobile devices have replaced PCs/laptops as the primary device, a high level of trust in smartphone security exists among children and teens, but is coupled with a low level of protection, even though risk is at an all-time high. McAfee's 2022 Consumer Mobile Threat Report details new and trending threats posed by cybercriminals to defraud consumers and how cryptocurrencies are providing new opportunities for mobile device attacks.
NS1 Adds Engineering, Product, and Business Leaders to Executive Team
Industry veterans will accelerate business development, drive engineering innovation, and expand commercialization pathways for leading OSS solution NetBox NS1, the leader in application traffic intelligence and automation, today announced an expansion of its executive team with seasoned leaders in engineering and enterprise software. New hires include Dawn Glamm as senior vice president of engineering and operations, Reginald "Reggie" Best as vice president of product management and marketing, Bill Lapcevic as senior vice president of business development, and Mark Coleman as general manager of NetBox. The new hires will drive innovation in engineering, bolster product development and go
McAfee Continues to Provide Leading Online Protection to Consumers
With the digital world evolving so rapidly, McAfee stands with consumers to deliver leading online protection solutions Today, McAfee Corp. (NASDAQ:MCFE, "McAfee"))), a global leader in online protection, provided an update regarding its pure-play consumer offering and the previously announced divestiture of its enterprise business. In July 2021, McAfee completed the sale of its enterprise business. This transaction allowed McAfee to singularly focus on its consumer business and accelerate its strategy to be the leader in online protection for consumers. "McAfee continues to safeguard the privacy, security and identity of our consumers as the digital world evolves rapidly," said Gagan Si
McAfee Total Protection Named "Product of the Year" by AV-Comparatives
Top security lab also recognized McAfee with a Gold Award and two Silver Awards Leading online protection firm McAfee (NASDAQ:MCFE) today announced McAfee Total Protection has received the Product of the Year 2021 award from AV-Comparatives. The industry-standard independent security-testing lab also recognized McAfee Total Protection with a Gold Award for the Malware Protection Test and Silver Awards for the Real-World Protection and Advanced Threat Protection tests. McAfee received this coveted designation after scoring six Advanced+ Awards and one Advanced Award throughout 2021. The reviewers lauded the software's clean, modern and touch-friendly interface that easily integrates into W
Consumers Prioritize Protection Over Convenience in McAfee 2022 Trends Survey
Individuals and families feel more exposed and ill-equipped to secure their digital lives U.S. trends to watch in 2022: While life online is loaded with conveniences, they're not enough. People want to be secure. Consumers want a protected connection, even if it costs them. Gamers will take a pass on so-called "free" videogames. AI monitoring of healthcare? Not so fast. Cryptocurrency fraud like the "Squid Game" scam will sour consumer taste for fintech. Vax cards are the new credit cards, and Americans want them protected. Online learning and consultations will increasingly take root with consumers—above and beyond COVID necessities. McAfee's 2022 Global Trends Study, rele
Advent International Raises $4 Billion for Second Global Technology Fund
Advent Tech II exceeds $3 billion target and reaches $4 billion hard cap in six months New fund is double the size of its predecessor, Advent Tech, which has invested in 20 companies since its launch in 20191 Dedicated tech team will leverage Advent's global reach, cross-sector network and ecosystem of company-building resources to help businesses scale Advent International, one of the largest and most experienced global private equity investors, today announced that it has completed fundraising for Advent Global Technology II ("Advent Tech II"), its second dedicated technology fund. Advent Tech II exceeded its target of $3 billion by 33% and reached its hard cap of $4 billion after
McAfee's Pure-Play Consumer Business Grows 24% in Q3'21
Net Revenue Increased by 24% to $491 Million and Adjusted EBITDA Increased by 43% to $234 Million Core Direct to Consumer ("DTC") Subscribers Increased YoY by 16% to 20.1 Million, Up 640 Thousand QoQ McAfee Corp. ("McAfee," or the "Company") (NASDAQ:MCFE), a global leader in online protection, today announced its financial results for the three months ended September 25, 2021. "McAfee delivered another strong quarter, with revenue growing 24% year-over-year," said Peter Leav, McAfee's President and Chief Executive Officer. "Our continued commitment to secure our customers' online footprint helped us add 640 thousand net new direct-to-consumer subscribers, a year-over-year increase of
McAfee to Be Acquired by an Investor Group for over $14 Billion
McAfee shareholders to receive $26.00 per share in cash The transaction is valued at over $14 billion The purchase price represents a premium of approximately 22.6% over McAfee's closing share price of $21.21 on November 4, 2021 Investor Group comprised of Advent, Permira, Crosspoint Capital, CPP Investments, GIC and ADIA McAfee Corp. (NASDAQ:MCFE, "McAfee"))), a global leader in online protection, today announced it has entered into a definitive agreement to be acquired by an investor group led by Advent International Corporation ("Advent") and Permira Advisers LLC ("Permira"), Crosspoint Capital Partners ("Crosspoint Capital"), Canada Pension Plan Investment Board ("CPP Investment
McAfee Corp. Analyst Ratings
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
RBC Capital reiterated coverage on McAfee with a new price target
RBC Capital reiterated coverage of McAfee with a rating of Sector Perform and set a new price target of $26.00 from $30.00 previously
McAfee downgraded by Mizuho with a new price target
Mizuho downgraded McAfee from Buy to Neutral and set a new price target of $26.00 from $27.00 previously
McAfee downgraded by Deutsche Bank with a new price target
Deutsche Bank downgraded McAfee from Buy to Hold and set a new price target of $25.00
Goldman resumed coverage on McAfee with a new price target
Goldman resumed coverage of McAfee with a rating of Neutral and set a new price target of $26.00
McAfee downgraded by UBS with a new price target
UBS downgraded McAfee from Buy to Neutral and set a new price target of $29.00 from $27.00 previously
Mizuho reiterated coverage on McAfee with a new price target
Mizuho reiterated coverage of McAfee with a rating of Buy and set a new price target of $30.00 from $28.00 previously
Morgan Stanley reiterated coverage on McAfee with a new price target
Morgan Stanley reiterated coverage of McAfee with a rating of Overweight and set a new price target of $32.00 from $30.50 previously
Morgan Stanley reiterated coverage on McAfee with a new price target
Morgan Stanley reiterated coverage of McAfee with a rating of Overweight and set a new price target of $30.50 from $27.00 previously
Deutsche Bank Aktiengesellschaft reiterated coverage on McAfee with a new price target
Deutsche Bank Aktiengesellschaft reiterated coverage of McAfee with a rating of and set a new price target of $25.50 from $23.50 previously
Royal Bank of Canada reiterated coverage on McAfee with a new price target
Royal Bank of Canada reiterated coverage of McAfee with a rating of and set a new price target of $24.00 from $21.00 previously
McAfee Corp. Insider Trading
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
SEC Form 4: Thoma Bravo Ugp, Llc converted options into 24,075,115 shares and disposed of $1,057,842,500 worth of shares (40,686,250 units at $26.00)
4 - McAfee Corp. (0001783317) (Issuer)
SEC Form 4: Bhamidipati Venkat converted options into 443,404 shares and returned 1,580,826 shares to the company, closing all direct ownership in the company
4 - McAfee Corp. (0001783317) (Issuer)
SEC Form 4: Abbasi Sohaib returned 89,392 shares to the company
4 - McAfee Corp. (0001783317) (Issuer)
SEC Form 4: Gic Private Ltd sold $634,705,604 worth of shares (24,411,754 units at $26.00)
4 - McAfee Corp. (0001783317) (Issuer)
SEC Form 4: Cranston Mary B returned 69,003 shares to the company, closing all direct ownership in the company
4 - McAfee Corp. (0001783317) (Issuer)
SEC Form 4: Leav Peter converted options into 1,351,245 shares, was granted 329,285 shares and returned 3,591,082 shares to the company, closing all direct ownership in the company
4 - McAfee Corp. (0001783317) (Issuer)
SEC Form 4: Bright Gunther returned 7,575 shares to the company, closing all direct ownership in the company
4 - McAfee Corp. (0001783317) (Issuer)
SEC Form 4: Willard Elizabeth Kathleen returned 45,539 shares to the company, closing all direct ownership in the company
4 - McAfee Corp. (0001783317) (Issuer)
SEC Form 4: Rollins Emily returned 6,878 shares to the company, closing all direct ownership in the company
4 - McAfee Corp. (0001783317) (Issuer)
SEC Form 4: Singh Gagan D. returned 1,143,118 shares to the company, closing all direct ownership in the company
4 - McAfee Corp. (0001783317) (Issuer)
McAfee Corp. SEC Filings
SEC Form 15-12B filed by McAfee Corp.
15-12B - McAfee Corp. (0001783317) (Filer)
SEC Form S-8 POS filed by McAfee Corp.
S-8 POS - McAfee Corp. (0001783317) (Filer)
McAfee Corp. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Material Modification to Rights of Security Holders, Changes in Control of Registrant, Leadership Update, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Other Events, Financial Statements and Exhibits
8-K - McAfee Corp. (0001783317) (Filer)
SEC Form 25-NSE filed by McAfee Corp.
25-NSE - McAfee Corp. (0001783317) (Subject)
McAfee Corp. filed SEC Form 8-K: Other Events
8-K - McAfee Corp. (0001783317) (Filer)
McAfee Corp. filed SEC Form 8-K: Other Events
8-K - McAfee Corp. (0001783317) (Filer)
McAfee Corp. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
8-K - McAfee Corp. (0001783317) (Filer)
SEC Form DEFA14A filed by McAfee Corp.
DEFA14A - McAfee Corp. (0001783317) (Filer)
SEC Form 425 filed by McAfee Corp.
425 - McAfee Corp. (0001783317) (Subject)
McAfee Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits
8-K - McAfee Corp. (0001783317) (Filer)
McAfee Corp. Leadership Updates
Live Leadership Updates
TPG Appoints Gunther Bright as New Independent Director
TPG Inc. (NASDAQ:TPG), a leading global alternative asset management firm, announced today that Gunther Bright has joined its Board of Directors (the "Board") as an independent director, effective July 1, 2022. "On behalf of the Board and leadership team, we are pleased to welcome Gunther to the TPG Board," said Jim Coulter, Founding Partner and Executive Chairman of TPG. "Gunther is a distinguished leader with a strong track record of driving business transformation and growth strategies on a global scale. He will play an important role in continuing to position TPG for the future of alternatives." Bright brings nearly 30 years of leadership experience at American Express, where he curre
McAfee Appoints Former Deloitte Partner Emily Rollins to its Board of Directors
McAfee Corp. (NASDAQ:MCFE), a global leader in online protection, today announced the addition of former Deloitte Partner Emily Rollins to its Board of Directors and the Audit Committee. Over the course of a 30-year career, Rollins has served more than 50 Technology, Media and Telecommunications companies. Rollins has a great history in helping companies navigate complex and challenging corporate governance, audit, and reporting processes, particularly during periods of high growth. "Emily has a long-standing reputation for expertly guiding companies during various stages of growth and transformation," said Peter Leav, McAfee President and Chief Executive Officer. "Her domain expertise an
McAfee Announces Appointment of Gunther Bright to Board of Directors
American Express veteran Gunther Bright strengthens McAfee Board McAfee Corp. (NASDAQ:MCFE), a global leader in online protection, announced today that Gunther Bright, Executive Vice President and General Manager of Global and U.S. Large Enterprises at American Express, has joined its Board of Directors. Bright is a payments industry veteran with extensive experience materially growing consumer and retailer businesses directly and through partnerships. With his vast experience, his appointment strengthens the McAfee board. "We are excited to welcome Gunther to the McAfee board," said Peter Leav, McAfee President and Chief Executive Officer. "His track record in cultivating high growth str
McAfee Corp. Financials
Live finance-specific insights
Investor Group Led by Advent International and Permira Completes Acquisition of McAfee
The transaction is valued at over $14 billion Investor Group comprised of Advent, Permira, Crosspoint Capital, CPP Investments, GIC and ADIA McAfee Corp. (NASDAQ:MCFE, "McAfee"))), a global leader in online protection, today announced the completion of its acquisition by an investor group led by Advent International Corporation ("Advent") and funds advised by Permira, Crosspoint Capital Partners L.P. ("Crosspoint"), Canada Pension Plan Investment Board ("CPP Investments"), GIC Private Limited ("GIC"), and a wholly-owned subsidiary of the Abu Dhabi Investment Authority ("ADIA") (collectively, "the Investor Group"). "We are very excited about this acquisition and working with the Invest
McAfee Announces Date for Third Quarter 2021 Earnings Conference Call
McAfee Corp. (NASDAQ:MCFE), a global leader in online protection, today announced that it will release financial results for its third quarter of fiscal year 2021, ended September 25, after the United States markets close on Tuesday November 9, 2021. Management will host a conference call that afternoon at 5:00 p.m. Eastern Time to discuss the results. McAfee Corp. Third Quarter 2021 Earnings Conference Call and Webcast Details Date: November 9, 2021 Time: 5:00 p.m. Eastern Time Dial-in: (833) 301-1122 (US and Canada) (631) 658-1012 (International) Conference ID: 2283995 Webcast: https://ir.mcafee.com/news-and-events/events A replay of the webcast will be made available for 30 days
McAfee Reports Quarterly Dividend for the Third Quarter 2021
McAfee Corp. ("McAfee" or the "Company") (NASDAQ:MCFE), announced that its Board of Directors has declared a cash dividend for the third quarter of 2021 of $0.115 per share on the Company's Class A common stock. The dividend is payable on or about October 8, 2021 to shareholders of record at 5:00 p.m. Eastern standard time on September 24, 2021. About McAfee McAfee is a global leader in online protection. View source version on businesswire.com: https://www.businesswire.com/news/home/20210914006071/en/
McAfee Confirms Ex-Dividend Date for Upcoming Special Dividend
McAfee Corp. ("McAfee" or the "Company") (NASDAQ:MCFE), a global leader in online protection, confirmed today that Nasdaq has established an ex-dividend date of August 12, 2021 with respect to the previously declared and announced one-time special cash dividend of $4.50 per share on the Company's Class A common stock. The foregoing clarifies and supersedes the ex-dividend date described in the Company's press release dated August 3, 2021 announcing the special dividend. As previously announced, the special dividend is payable on or about August 27, 2021 to shareholders of record at 5:00 p.m. Eastern standard time on August 13, 2021. About McAfee McAfee is a global leader in online protec
McAfee Declares Special Dividend
McAfee Corp. ("McAfee" or the "Company") (NASDAQ:MCFE), a global leader in online protection, announced that, in connection with the recently completed sale of its Enterprise business, the Company's Board of Directors has declared a one-time special cash dividend of $4.50 per share on the Company's Class A common stock. The dividend is payable on or about August 27, 2021 to shareholders of record at 5:00 p.m. Eastern standard time on August 13, 2021. The ex-dividend date will be August 16, 2021, the first business day after the record date. About McAfee McAfee is a global leader in online protection. www.mcafee.com View source version on businesswire.com: https://www.businesswire.com/news
McAfee Completes the Divestiture of Its Enterprise Business to Symphony Technology Group (STG)
McAfee Corp. (NASDAQ:MCFE), a global leader in online protection, announced today the completion of the previously announced transaction to sell certain assets and the assumption of certain liabilities of McAfee's Enterprise business to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $4.0 billion. The divestiture of the Enterprise business reflects McAfee's commitment to singularly focus on the consumer business and to further accelerate its strategy as a leader in online protection as a pure-play consumer cybersecurity company. As previously announced, McAfee expects to use a portion of the proceeds from the transaction to repay approximately $1 billion
McAfee Announces Date for Second Quarter 2021 Earnings Conference Call
McAfee Corp. (NASDAQ:MCFE), a global leader in online protection, today announced that it will release financial results for its second quarter of fiscal year 2021, ended June 26, after the United States markets close on Tuesday, August 10th. Management will host a conference call that afternoon at 5:00 p.m. Eastern Time to discuss the results. McAfee Corp. Second Quarter 2021 Earnings Conference Call and Webcast Details Date: August 10, 2021 Time: 5:00 p.m. Eastern Time Dial-in: (833) 301-1122 (US and Canada) (631) 658-1012 (International) Conference ID: 9158809 Webcast: https://ir.mcafee.com/news-and-events/events A replay of the webcast will be made available for 30 days after the call
McAfee Reports Quarterly Dividend for the Second Quarter 2021
SAN JOSE, Calif.--(BUSINESS WIRE)--McAfee Corp. (“McAfee” or the “Company”) (NASDAQ: MCFE) announced that its Board of Directors has declared a cash dividend for the second quarter of 2021 of $0.115 per share on the Company’s Class A common stock. The dividend is payable on or about July 9, 2021 to shareholders of record at 5:00 p.m. Eastern standard time on June 25, 2021. About McAfee McAfee is the device-to-cloud cybersecurity company. Inspired by the power of working together, McAfee creates consumer and business solutions that make the world a safer place. McAfee® and the McAfee logo are trademarks of McAfee, LLC or its subsidiaries in the United States and other countries. O
McAfee Reports Quarterly Dividend for the First Quarter 2021
SAN JOSE, Calif.--(BUSINESS WIRE)--McAfee Corp. (“McAfee” or the “Company”) (NASDAQ: MCFE) announced that its Board of Directors has declared a cash dividend for the first quarter of 2021 of $0.115 per share on the Company’s Class A common stock. The dividend is payable on or about April 9, 2021 to shareholders of record at 5:00 p.m. Eastern standard time on March 26, 2021. About McAfee McAfee is the device-to-cloud cybersecurity company. Inspired by the power of working together, McAfee creates consumer and business solutions that make the world a safer place. McAfee® and the McAfee logo are trademarks of McAfee, LLC or its subsidiaries in the United States and other countries.
McAfee Announces Sale of Enterprise Business to Symphony Technology Group for $4.0 Billion
SAN JOSE, Calif. & PALO ALTO, Calif.--(BUSINESS WIRE)--McAfee Corp. (Nasdaq: MCFE), the device-to-cloud cybersecurity company, today announced it has entered into a definitive agreement to sell its Enterprise business to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $4.0 billion. The transaction is expected to close by the end of 2021, subject to customary regulatory approvals and closing conditions. McAfee’s Enterprise business has set the pace and standard within the cybersecurity industry for more than 30 years and has become a recognized leader for device-to-cloud cybersecurity solutions. Today, the Enterprise business is a trusted partner
McAfee Corp. Large Ownership Changes
This live feed shows all institutional transactions in real time.
SEC Form SC 13G/A filed by McAfee Corp. (Amendment)
SC 13G/A - McAfee Corp. (0001783317) (Subject)
SEC Form SC 13G/A filed by McAfee Corp. (Amendment)
SC 13G/A - McAfee Corp. (0001783317) (Subject)
SEC Form SC 13G/A filed by McAfee Corp. (Amendment)
SC 13G/A - McAfee Corp. (0001783317) (Subject)
SEC Form SC 13G/A filed by McAfee Corp. (Amendment)
SC 13G/A - McAfee Corp. (0001783317) (Subject)
SEC Form SC 13G filed
SC 13G - McAfee Corp. (0001783317) (Subject)
SEC Form SC 13G filed
SC 13G - McAfee Corp. (0001783317) (Subject)
SEC Form SC 13G filed
SC 13G - McAfee Corp. (0001783317) (Subject)