Finjan Holdings, Inc. (NASDAQ:FNJN) major shareholder Seed Iv L. P. Israel sold 114,320 shares of the firm’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $3.23, for a total value of $369,253.60. Following the sale, the insider now owns 3,489,679 shares in the company, valued at $11,271,663.17. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Finjan Holdings, Inc. (FNJN) traded up 4.95% on Friday, reaching $3.18. 334,148 shares of the company’s stock were exchanged. The company has a market cap of $73.68 million, a P/E ratio of 6.84 and a beta of -0.65. The firm has a 50 day moving average of $2.76 and a 200-day moving average of $1.78. Finjan Holdings, Inc. has a 12-month low of $1.00 and a 12-month high of $3.60.
Finjan Holdings (NASDAQ:FNJN) last released its quarterly earnings results on Monday, March 27th. The software maker reported $0.17 EPS for the quarter, beating the consensus estimate of ($0.12) by $0.29. The business had revenue of $8.40 million for the quarter, compared to analyst estimates of $4.88 million. Finjan Holdings had a net margin of 42.78% and a return on equity of 441.24%. Equities analysts expect that Finjan Holdings, Inc. will post $0.42 EPS for the current fiscal year.
Several research firms recently issued reports on FNJN. B. Riley reiterated a “buy” rating and issued a $4.00 price objective on shares of Finjan Holdings in a report on Sunday, May 21st. TheStreet upgraded Finjan Holdings from a “d-” rating to a “c” rating in a report on Monday.
A hedge fund recently raised its stake in Finjan Holdings stock. Renaissance Technologies LLC raised its stake in shares of Finjan Holdings, Inc. (NASDAQ:FNJN) by 11.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 135,700 shares of the software maker’s stock after buying an additional 13,500 shares during the period. Renaissance Technologies LLC owned approximately 0.59% of Finjan Holdings worth $236,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 26.59% of the company’s stock.
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