Insider Selling: Finjan Holdings, Inc. (NASDAQ:FNJN) CEO Sells 5,000 Shares of Stock

Finjan Holdings, Inc. (NASDAQ:FNJN) CEO Philip Hartstein sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $2.33, for a total value of $11,650.00. Following the transaction, the chief executive officer now owns 96,500 shares in the company, valued at $224,845. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Finjan Holdings, Inc. (NASDAQ FNJN) traded down $0.12 during mid-day trading on Thursday, hitting $2.20. The stock had a trading volume of 324,000 shares, compared to its average volume of 297,514. The company has a market cap of $60.96, a price-to-earnings ratio of 4.15 and a beta of 0.78. Finjan Holdings, Inc. has a 12-month low of $1.27 and a 12-month high of $4.06.

Separately, B. Riley reiterated a “buy” rating and issued a $4.00 price objective on shares of Finjan in a research report on Friday, November 10th.

Several hedge funds have recently modified their holdings of the company. B. Riley Financial Inc. grew its position in shares of Finjan by 24.0% in the 3rd quarter. B. Riley Financial Inc. now owns 2,063,351 shares of the software maker’s stock worth $4,849,000 after buying an additional 399,032 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Finjan by 128.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 400,732 shares of the software maker’s stock worth $942,000 after buying an additional 225,251 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Finjan by 793.0% in the 2nd quarter. Vanguard Group Inc. now owns 225,205 shares of the software maker’s stock worth $739,000 after buying an additional 199,987 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of Finjan by 11.0% in the 1st quarter. Renaissance Technologies LLC now owns 135,700 shares of the software maker’s stock worth $236,000 after buying an additional 13,500 shares during the last quarter. Finally, Virtu KCG Holdings LLC grew its position in shares of Finjan by 1,010.9% in the 2nd quarter. Virtu KCG Holdings LLC now owns 114,332 shares of the software maker’s stock worth $375,000 after buying an additional 104,040 shares during the last quarter. Hedge funds and other institutional investors own 33.68% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece of content was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece of content on another website, it was copied illegally and republished in violation of United States and international copyright & trademark law. The original version of this piece of content can be read at https://www.dispatchtribunal.com/2018/01/11/finjan-holdings-inc-fnjn-ceo-philip-hartstein-sells-5000-shares.html.

About Finjan

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.

Insider Buying and Selling by Quarter for Finjan (NASDAQ:FNJN)

Receive News & Ratings for Finjan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finjan and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply