Seed Iv L. P. Israel Sells 145,200 Shares of Finjan Holdings, Inc. (FNJN) Stock

Finjan Holdings, Inc. (NASDAQ:FNJN) major shareholder Seed Iv L. P. Israel sold 145,200 shares of Finjan stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $2.56, for a total transaction of $371,712.00. Following the completion of the sale, the insider now directly owns 3,002,065 shares of the company’s stock, valued at $7,685,286.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Finjan Holdings, Inc. (NASDAQ FNJN) opened at $2.27 on Friday. The stock has a market cap of $64.56, a PE ratio of 5.68 and a beta of -0.13. Finjan Holdings, Inc. has a twelve month low of $1.00 and a twelve month high of $4.06.

Several research firms have weighed in on FNJN. B. Riley reaffirmed a “buy” rating and issued a $4.00 price target on shares of Finjan in a research note on Tuesday, November 21st. TheStreet cut shares of Finjan from a “c” rating to a “d+” rating in a report on Monday, August 28th.

Several hedge funds and other institutional investors have recently modified their holdings of the company. B. Riley Financial Inc. grew its holdings in shares of Finjan by 24.0% during the third quarter. B. Riley Financial Inc. now owns 2,063,351 shares of the software maker’s stock valued at $4,849,000 after buying an additional 399,032 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Finjan by 128.4% during the third quarter. Dimensional Fund Advisors LP now owns 400,732 shares of the software maker’s stock valued at $942,000 after buying an additional 225,251 shares during the last quarter. Macquarie Group Ltd. acquired a new position in shares of Finjan during the third quarter valued at about $200,000. Navellier & Associates Inc acquired a new position in shares of Finjan during the second quarter valued at about $201,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of Finjan during the second quarter valued at about $162,000. Hedge funds and other institutional investors own 33.68% of the company’s stock.

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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)

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