Shares of Finjan Holdings, Inc. (NASDAQ:FNJN) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Brokerages have set a twelve-month consensus target price of $10.85 for the company and are forecasting that the company will post $0.30 earnings per share for the current quarter, according to Zacks. Zacks has also given Finjan an industry rank of 179 out of 265 based on the ratings given to its competitors.

Separately, B. Riley reaffirmed a “buy” rating and set a $4.00 price objective on shares of Finjan in a research report on Tuesday, November 21st.

In related news, major shareholder Corp Bcpi sold 14,199 shares of Finjan stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $2.11, for a total value of $29,959.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Seed Iv L. P. Israel sold 13,180 shares of Finjan stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $2.30, for a total transaction of $30,314.00. Following the completion of the sale, the insider now directly owns 2,810,503 shares of the company’s stock, valued at approximately $6,464,156.90. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 454,831 shares of company stock valued at $1,094,997. Insiders own 9.64% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. B. Riley Financial Inc. grew its position in Finjan by 24.0% in the 3rd quarter. B. Riley Financial Inc. now owns 2,063,351 shares of the software maker’s stock valued at $4,849,000 after purchasing an additional 399,032 shares during the period. Dimensional Fund Advisors LP acquired a new stake in Finjan in the 2nd quarter valued at $576,000. Virtu KCG Holdings LLC grew its position in Finjan by 1,010.9% in the 2nd quarter. Virtu KCG Holdings LLC now owns 114,332 shares of the software maker’s stock valued at $375,000 after purchasing an additional 104,040 shares during the period. Navellier & Associates Inc acquired a new stake in Finjan in the 2nd quarter valued at $201,000. Finally, Macquarie Group Ltd. acquired a new stake in Finjan in the 3rd quarter valued at $200,000. 33.76% of the stock is owned by institutional investors and hedge funds.

Shares of Finjan (NASDAQ:FNJN) traded down $0.06 during mid-day trading on Thursday, hitting $1.76. 158,927 shares of the stock traded hands, compared to its average volume of 327,546. The firm has a market cap of $50.43, a P/E ratio of 3.32 and a beta of 0.73. Finjan has a one year low of $1.35 and a one year high of $4.06.

Finjan (NASDAQ:FNJN) last announced its quarterly earnings data on Thursday, November 9th. The software maker reported ($0.16) EPS for the quarter, hitting the consensus estimate of ($0.16). Finjan had a net margin of 37.53% and a return on equity of 100.25%. analysts forecast that Finjan will post 0.56 earnings per share for the current fiscal year.

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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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