Finjan Holdings, Inc. (NASDAQ:FNJN) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Brokers have set a 12 month consensus price objective of $10.85 for the company and are anticipating that the company will post $0.33 earnings per share for the current quarter, according to Zacks. Zacks has also given Finjan an industry rank of 103 out of 265 based on the ratings given to its competitors.

Separately, B. Riley reiterated a “buy” rating and issued a $4.00 price target on shares of Finjan in a report on Tuesday, November 21st.

Shares of Finjan (NASDAQ:FNJN) traded up $0.01 during trading hours on Monday, reaching $2.41. 138,084 shares of the company traded hands, compared to its average volume of 281,620. Finjan has a one year low of $1.25 and a one year high of $4.06. The firm has a market cap of $66.64, a P/E ratio of 4.55 and a beta of 0.78.

In other news, major shareholder Seed Iv L. P. Israel sold 27,020 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $2.50, for a total transaction of $67,550.00. Following the sale, the insider now owns 2,975,045 shares of the company’s stock, valued at approximately $7,437,612.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Corp Bcpi sold 14,199 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $2.11, for a total transaction of $29,959.89. The disclosure for this sale can be found here. In the last quarter, insiders sold 323,501 shares of company stock worth $781,486. 9.64% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently modified their holdings of FNJN. Advisor Group Inc. acquired a new stake in shares of Finjan during the 2nd quarter worth approximately $132,000. Goldman Sachs Group Inc. acquired a new stake in shares of Finjan during the 2nd quarter worth approximately $148,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Finjan during the 2nd quarter worth approximately $162,000. Macquarie Group Ltd. acquired a new stake in shares of Finjan during the 3rd quarter worth approximately $200,000. Finally, Navellier & Associates Inc acquired a new stake in shares of Finjan during the 2nd quarter worth approximately $201,000. 33.68% of the stock is currently owned by institutional investors and hedge funds.

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Finjan Company Profile

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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