Finjan Holdings, Inc. (NASDAQ:FNJN) major shareholder Seed Iv L. P. Israel sold 9,425 shares of the business’s stock in a transaction on Friday, January 12th. The shares were sold at an average price of $2.30, for a total transaction of $21,677.50. Following the transaction, the insider now owns 2,853,358 shares in the company, valued at approximately $6,562,723.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Finjan Holdings, Inc. (FNJN) opened at $2.26 on Friday. Finjan Holdings, Inc. has a 1 year low of $1.28 and a 1 year high of $4.06. The stock has a market cap of $60.68, a price-to-earnings ratio of 5.51 and a beta of -0.13.
Finjan (NASDAQ:FNJN) last released its earnings results on Thursday, November 9th. The software maker reported ($0.16) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.16). Finjan had a net margin of 37.53% and a return on equity of 100.25%. equities research analysts expect that Finjan Holdings, Inc. will post 0.6 earnings per share for the current year.
Separately, B. Riley boosted their target price on shares of Finjan from $4.00 to $5.00 and gave the company a “buy” rating in a research report on Tuesday, January 2nd.
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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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