Finjan Holdings, Inc. (NASDAQ:FNJN) major shareholder Seed Iv L. P. Israel sold 17,960 shares of the stock in a transaction dated Wednesday, July 19th. The shares were sold at an average price of $3.49, for a total transaction of $62,680.40. Following the completion of the sale, the insider now owns 3,169,826 shares of the company’s stock, valued at approximately $11,062,692.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Finjan Holdings, Inc. (NASDAQ FNJN) remained flat at $3.48 during mid-day trading on Friday. The stock had a trading volume of 337,027 shares. The company has a 50 day moving average of $3.28 and a 200-day moving average of $2.14. Finjan Holdings, Inc. has a 52 week low of $1.00 and a 52 week high of $4.06. The firm has a market cap of $80.63 million, a P/E ratio of 7.48 and a beta of -0.80.
A hedge fund recently bought a new stake in Finjan Holdings stock. Equitec Proprietary Markets LLC bought a new position in Finjan Holdings, Inc. (NASDAQ:FNJN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 200,000 shares of the software maker’s stock, valued at approximately $656,000. Finjan Holdings accounts for 0.1% of Equitec Proprietary Markets LLC’s investment portfolio, making the stock its 19th largest position. Equitec Proprietary Markets LLC owned about 0.86% of Finjan Holdings at the end of the most recent quarter. 22.91% of the stock is currently owned by institutional investors.
Several analysts have recently commented on FNJN shares. TheStreet upgraded shares of Finjan Holdings from a “d-” rating to a “c” rating in a report on Monday, June 12th. B. Riley restated a “buy” rating and set a $2.75 price objective on shares of Finjan Holdings in a report on Thursday, May 11th.
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