Finjan Holdings, Inc. (NASDAQ:FNJN) major shareholder Seed Iv L. P. Israel sold 85,680 shares of the stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $3.06, for a total value of $262,180.80. Following the completion of the transaction, the insider now directly owns 3,603,999 shares in the company, valued at approximately $11,028,236.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 up 4.95% on Friday, hitting $3.18. The stock had a trading volume of 334,148 shares. Finjan Holdings, Inc. has a 52-week low of $1.00 and a 52-week high of $3.60. The company has a 50 day moving average price of $2.76 and a 200-day moving average price of $1.78. The company has a market cap of $73.68 million, a price-to-earnings ratio of 6.84 and a beta of -0.65.
Finjan Holdings (NASDAQ:FNJN) last issued its earnings results on Monday, March 27th. The software maker reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.29. Finjan Holdings had a return on equity of 441.24% and a net margin of 42.78%. The firm had revenue of $8.40 million for the quarter, compared to the consensus estimate of $4.88 million. On average, equities research analysts predict that Finjan Holdings, Inc. will post $0.42 earnings per share for the current year.
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A hedge fund recently raised its stake in Finjan Holdings stock. Renaissance Technologies LLC increased its position in Finjan Holdings, Inc. (NASDAQ:FNJN) by 11.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm 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 as of its most recent SEC filing. Institutional investors own 26.59% of the company’s stock.
A number of research analysts have weighed in on the company. B. Riley reissued a “buy” rating and issued a $4.00 target price on shares of Finjan Holdings in a report on Sunday, May 21st. TheStreet raised Finjan Holdings from a “d-” rating to a “c” rating in a report on Monday.
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