Finjan Holdings, Inc. (FNJN) Major Shareholder Sells $67,550.00 in Stock

Finjan Holdings, Inc. (NASDAQ:FNJN) major shareholder Seed Iv L. P. Israel sold 27,020 shares of Finjan stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $2.50, for a total value of $67,550.00. Following the completion of the sale, the insider now owns 2,975,045 shares in the company, valued at approximately $7,437,612.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Finjan Holdings, Inc. (NASDAQ FNJN) traded up $0.18 during mid-day trading on Wednesday, hitting $2.34. The company had a trading volume of 533,000 shares, compared to its average volume of 495,150. The stock has a market cap of $64.84, a P/E ratio of 4.42 and a beta of 0.78. Finjan Holdings, Inc. has a 52-week low of $1.21 and a 52-week high of $4.06.

Separately, B. Riley reiterated a “buy” rating and issued a $4.00 price objective on shares of Finjan in a report on Tuesday, November 21st.

Several hedge funds have recently bought and sold shares of the stock. B. Riley Financial Inc. raised its holdings in shares of Finjan by 24.0% in the 3rd quarter. B. Riley Financial Inc. now owns 2,063,351 shares of the software maker’s stock valued at $4,849,000 after buying an additional 399,032 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Finjan by 128.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 400,732 shares of the software maker’s stock valued at $942,000 after buying an additional 225,251 shares during the period. Macquarie Group Ltd. purchased a new stake in shares of Finjan in the 3rd quarter valued at $200,000. Navellier & Associates Inc purchased a new stake in shares of Finjan in the 2nd quarter valued at $201,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Finjan in the 2nd quarter valued at $162,000. Hedge funds and other institutional investors own 33.68% of the company’s stock.

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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)

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