Finjan Holdings, Inc. (FNJN) CEO Sells $11,750.00 in Stock
Finjan Holdings, Inc. (NASDAQ:FNJN) CEO Philip Hartstein sold 5,000 shares of Finjan Holdings stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $2.35, for a total value of $11,750.00. Following the sale, the chief executive officer now owns 89,000 shares in the company, valued at $209,150. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Finjan Holdings, Inc. (NASDAQ:FNJN) traded up 0.87% on Tuesday, reaching $2.32. 94,713 shares of the company’s stock were exchanged. The stock has a market capitalization of $63.71 million, a PE ratio of 6.48 and a beta of -0.52. Finjan Holdings, Inc. has a 12 month low of $1.00 and a 12 month high of $4.06. The firm has a 50 day moving average of $2.33 and a 200 day moving average of $2.58.
Finjan Holdings (NASDAQ:FNJN) last issued its quarterly earnings results on Thursday, August 10th. The software maker reported ($0.29) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.17). The business had revenue of $2.31 million during the quarter, compared to the consensus estimate of $2.32 million. Finjan Holdings had a return on equity of 169.10% and a net margin of 37.53%. Equities analysts predict that Finjan Holdings, Inc. will post $0.18 earnings per share for the current fiscal year.
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FNJN has been the subject of several research analyst reports. TheStreet cut Finjan Holdings from a “c” rating to a “d+” rating in a research note on Monday, August 28th. B. Riley reissued a “buy” rating and set a $4.00 price target on shares of Finjan Holdings in a research report on Monday, August 14th.
Several institutional investors have recently made changes to their positions in the company. B. Riley Financial Inc. acquired a new stake in shares of Finjan Holdings in the second quarter worth $5,459,000. Vanguard Group Inc. increased its position in Finjan Holdings by 793.0% during the second quarter. Vanguard Group Inc. now owns 225,205 shares of the software maker’s stock worth $739,000 after acquiring an additional 199,987 shares during the period. Equitec Proprietary Markets LLC bought a new position in Finjan Holdings during the second quarter worth $656,000. Dimensional Fund Advisors LP bought a new position in Finjan Holdings during the second quarter worth $576,000. Finally, Renaissance Technologies LLC increased its position in Finjan Holdings by 11.0% during the first quarter. Renaissance Technologies LLC now owns 135,700 shares of the software maker’s stock worth $236,000 after acquiring an additional 13,500 shares during the period. Institutional investors and hedge funds own 34.19% of the company’s stock.
About Finjan Holdings
Finjan Holdings, Inc, through its subsidiaries, operates as a cybersecurity company, provides intellectual property licensing and enforcement services. The company owns a portfolio of patents related to software and hardware technologies that proactively detect malicious code and thereby protects end users from identity and data theft, spyware, malware, phishing, trojans, and other Web and network threats.
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