Insider Selling: Finjan Holdings, Inc. (FNJN) Major Shareholder Sells 760,000 Shares of Stock

Finjan Holdings, Inc. (NASDAQ:FNJN) major shareholder Corp Bcpi sold 760,000 shares of Finjan stock in a transaction dated Wednesday, February 14th. The shares were sold at an average price of $2.53, for a total value of $1,922,800.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Thursday, January 18th, Corp Bcpi sold 50,100 shares of Finjan stock. The shares were sold at an average price of $2.46, for a total value of $123,246.00.
  • On Monday, January 8th, Corp Bcpi sold 33,500 shares of Finjan stock. The shares were sold at an average price of $2.44, for a total value of $81,740.00.
  • On Thursday, January 4th, Corp Bcpi sold 25,700 shares of Finjan stock. The shares were sold at an average price of $2.51, for a total value of $64,507.00.
  • 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 value 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 value of $13,908.00.
  • On Monday, December 4th, Corp Bcpi sold 3,250 shares of Finjan stock. The shares were sold at an average price of $2.42, for a total value of $7,865.00.
  • On Wednesday, November 29th, Corp Bcpi sold 15,000 shares of Finjan stock. The shares were sold at an average price of $2.33, for a total value of $34,950.00.
  • On Monday, November 27th, Corp Bcpi sold 5,000 shares of Finjan stock. The shares were sold at an average price of $2.25, for a total value 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 value 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 value of $102,600.00.

Shares of Finjan Holdings, Inc. (NASDAQ:FNJN) traded up $0.36 on Wednesday, reaching $2.75. The company had a trading volume of 2,854,221 shares, compared to its average volume of 425,627. The company has a market cap of $66.22, a P/E ratio of 5.19 and a beta of 0.73. Finjan Holdings, Inc. has a 52 week low of $1.36 and a 52 week high of $4.06.

Separately, B. Riley lifted their price objective on Finjan from $4.00 to $5.00 and gave the company a “buy” rating in a research report on Tuesday, January 2nd.

A number of institutional investors and hedge funds have recently modified their holdings of FNJN. Advisor Group Inc. bought a new stake in Finjan during the 2nd quarter valued at approximately $132,000. Goldman Sachs Group Inc. bought a new stake in Finjan during the 2nd quarter valued at approximately $148,000. Arrowstreet Capital Limited Partnership bought a new stake in Finjan during the 2nd quarter valued at approximately $162,000. Globeflex Capital L P raised its stake in Finjan by 39.2% during the 4th quarter. Globeflex Capital L P now owns 76,700 shares of the software maker’s stock valued at $166,000 after purchasing an additional 21,600 shares during the period. Finally, Macquarie Group Ltd. bought a new stake in Finjan during the 3rd quarter valued at approximately $200,000. 33.77% of the stock is currently owned by institutional investors.

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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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