Finjan Holdings, Inc. (NASDAQ:FNJN) major shareholder Seed Iv L. P. Israel sold 4,349 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $2.30, for a total transaction of $10,002.70. Following the completion of the transaction, the insider now directly owns 2,849,909 shares in the company, valued at approximately $6,554,790.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Finjan Holdings, Inc. (NASDAQ:FNJN) traded down $0.01 on Wednesday, hitting $2.29. The stock had a trading volume of 204,500 shares, compared to its average volume of 283,460. The company has a market capitalization of $63.45, a PE ratio of 4.32 and a beta of 0.78. Finjan Holdings, Inc. has a 52 week low of $1.28 and a 52 week high of $4.06.
Finjan (NASDAQ:FNJN) last released its quarterly earnings results on Thursday, November 9th. The software maker reported ($0.16) earnings per share for the quarter, meeting the Zacks’ consensus estimate of ($0.16). Finjan had a return on equity of 100.25% and a net margin of 37.53%. analysts forecast that Finjan Holdings, Inc. will post 0.6 earnings per share for the current year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in FNJN. Advisor Group Inc. bought a new stake in shares of Finjan during the second quarter valued at approximately $132,000. Goldman Sachs Group Inc. bought a new stake in shares of Finjan during the second quarter valued at approximately $148,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Finjan during the second quarter valued at approximately $162,000. Macquarie Group Ltd. bought a new stake in shares of Finjan during the third quarter valued at approximately $200,000. Finally, Navellier & Associates Inc bought a new stake in shares of Finjan during the second quarter valued at approximately $201,000. 33.68% of the stock is currently owned by institutional investors.
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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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