Finjan Holdings, Inc. (NASDAQ:FNJN) CEO Philip Hartstein sold 5,000 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $2.33, for a total transaction of $11,650.00. Following the sale, the chief executive officer now directly owns 96,500 shares of the company’s stock, valued at $224,845. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Finjan Holdings, Inc. (NASDAQ FNJN) traded down $0.05 during mid-day trading on Wednesday, reaching $2.29. 222,452 shares of the company traded hands, compared to its average volume of 380,400. Finjan Holdings, Inc. has a fifty-two week low of $1.22 and a fifty-two week high of $4.06. The firm has a market capitalization of $64.84, a price-to-earnings ratio of 4.32 and a beta of 0.78.

Separately, B. Riley increased their target price on shares of Finjan from $4.00 to $5.00 and gave the company a “buy” rating in a research note on Tuesday.

Large investors have recently modified their holdings of the stock. Advisor Group Inc. purchased a new stake in shares of Finjan in the 2nd quarter valued at approximately $132,000. Goldman Sachs Group Inc. purchased a new stake in shares of Finjan in the 2nd quarter valued at approximately $148,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Finjan in the 2nd quarter valued at approximately $162,000. Navellier & Associates Inc purchased a new stake in shares of Finjan in the 2nd quarter valued at approximately $201,000. Finally, Macquarie Group Ltd. purchased a new stake in shares of Finjan in the 3rd quarter valued at approximately $200,000. Institutional investors and hedge funds own 33.68% of the company’s stock.

TRADEMARK VIOLATION WARNING: This article was first posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another domain, it was illegally copied and reposted in violation of US and international copyright & trademark legislation. The original version of this article can be viewed at https://www.americanbankingnews.com/2018/01/03/finjan-holdings-inc-fnjn-ceo-philip-hartstein-sells-5000-shares.html.

About Finjan

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.

Insider Buying and Selling by Quarter for Finjan (NASDAQ:FNJN)

Receive News & Ratings for Finjan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finjan and related companies with MarketBeat.com's FREE daily email newsletter.