Finjan Holdings, Inc. (NASDAQ:FNJN) – Analysts at Zacks Investment Research issued their FY2017 EPS estimates for Finjan in a report issued on Tuesday. Zacks Investment Research analyst L. Thompson forecasts that the software maker will post earnings per share of $0.60 for the year. Zacks Investment Research also issued estimates for Finjan’s Q4 2017 earnings at $0.28 EPS and FY2018 earnings at $0.68 EPS.

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

Shares of Finjan (FNJN) opened at $2.41 on Friday. Finjan has a 1 year low of $1.25 and a 1 year high of $4.06. The company has a market capitalization of $63.45, a PE ratio of 4.55 and a beta of 0.78.

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

In other news, major shareholder Corp Bcpi sold 14,199 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $2.11, for a total transaction of $29,959.89. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Seed Iv L. P. Israel sold 27,020 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $2.50, for a total transaction of $67,550.00. Following the transaction, the insider now directly owns 2,975,045 shares in the company, valued at $7,437,612.50. The disclosure for this sale can be found here. In the last three months, insiders have sold 323,501 shares of company stock valued at $781,486. Insiders own 9.64% of the company’s stock.

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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.

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