Insider Selling: Finjan Holdings, Inc. (FNJN) Major Shareholder Sells 25,700 Shares of Stock

Finjan Holdings, Inc. (NASDAQ:FNJN) major shareholder Corp Bcpi sold 25,700 shares of the company’s stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $2.51, for a total transaction of $64,507.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Corp Bcpi also recently made the following trade(s):

  • On Tuesday, December 12th, Corp Bcpi sold 5,000 shares of Finjan stock. The shares were sold at an average price of $2.35, for a total transaction of $11,750.00.
  • On Wednesday, December 6th, Corp Bcpi sold 6,100 shares of Finjan stock. The shares were sold at an average price of $2.28, for a total transaction of $13,908.00.
  • On Monday, December 4th, Corp Bcpi sold 3,250 shares of Finjan stock. The stock was sold at an average price of $2.42, for a total transaction of $7,865.00.
  • On Wednesday, November 29th, Corp Bcpi sold 15,000 shares of Finjan stock. The stock was sold at an average price of $2.33, for a total transaction of $34,950.00.
  • On Monday, November 27th, Corp Bcpi sold 5,000 shares of Finjan stock. The stock was sold at an average price of $2.25, for a total transaction of $11,250.00.
  • On Tuesday, November 21st, Corp Bcpi sold 10,900 shares of Finjan stock. The shares were sold at an average price of $2.18, for a total transaction of $23,762.00.
  • On Friday, November 17th, Corp Bcpi sold 47,500 shares of Finjan stock. The shares were sold at an average price of $2.16, for a total transaction of $102,600.00.
  • On Friday, November 10th, Corp Bcpi sold 4,199 shares of Finjan stock. The shares were sold at an average price of $2.10, for a total transaction of $8,817.90.
  • On Tuesday, November 14th, Corp Bcpi sold 14,199 shares of Finjan stock. The shares were sold at an average price of $2.11, for a total transaction of $29,959.89.

Finjan Holdings, Inc. (NASDAQ:FNJN) traded up $0.12 during mid-day trading on Thursday, hitting $2.41. 270,341 shares of the company traded hands, compared to its average volume of 343,700. The firm has a market capitalization of $63.45, a PE ratio of 4.55 and a beta of 0.78. Finjan Holdings, Inc. has a twelve month low of $1.25 and a twelve month high of $4.06.

A number of institutional investors and hedge funds have recently modified their holdings of FNJN. Advisor Group Inc. acquired a new stake in shares of Finjan in the second quarter worth $132,000. Goldman Sachs Group Inc. acquired a new stake in shares of Finjan in the 2nd quarter valued at $148,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Finjan in the 2nd quarter valued at $162,000. Macquarie Group Ltd. acquired a new stake in shares of Finjan in the 3rd quarter valued at $200,000. Finally, Navellier & Associates Inc bought a new position in shares of Finjan in the second quarter valued at about $201,000. 33.68% of the stock is currently owned by hedge funds and other institutional investors.

Separately, B. Riley raised their target price on shares of Finjan from $4.00 to $5.00 and gave the stock a “buy” rating in a report on Tuesday.

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Finjan Company Profile

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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