Shares of Finjan Holdings Inc (NASDAQ:FNJN) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.

Brokers have set a 12-month consensus price objective of $6.31 for the company and are expecting that the company will post ($0.08) EPS for the current quarter, according to Zacks. Zacks has also given Finjan an industry rank of 95 out of 255 based on the ratings given to its competitors.

FNJN has been the subject of a number of research analyst reports. TheStreet raised shares of Finjan from a “c+” rating to a “b-” rating in a research report on Tuesday, August 14th. ValuEngine lowered shares of Finjan from a “buy” rating to a “hold” rating in a research report on Thursday, August 2nd. Finally, Dawson James reaffirmed a “buy” rating on shares of Finjan in a research report on Tuesday, May 22nd.

Finjan stock opened at $4.23 on Friday. The firm has a market cap of $119.60 million, a price-to-earnings ratio of 12.09 and a beta of -0.81. Finjan has a fifty-two week low of $1.66 and a fifty-two week high of $5.07.

Finjan (NASDAQ:FNJN) last released its earnings results on Thursday, August 2nd. The software maker reported $0.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.30. The firm had revenue of $17.30 million for the quarter, compared to analyst estimates of $7.50 million. equities analysts expect that Finjan will post 1.49 earnings per share for the current year.

In other news, CEO Philip Hartstein sold 33,750 shares of the company’s stock in a transaction dated Wednesday, July 18th. The shares were sold at an average price of $5.01, for a total transaction of $169,087.50. Following the completion of the transaction, the chief executive officer now owns 72,750 shares of the company’s stock, valued at $364,477.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Michael David Noonan sold 23,502 shares of the company’s stock in a transaction dated Wednesday, July 18th. The shares were sold at an average price of $5.01, for a total transaction of $117,745.02. Following the transaction, the chief financial officer now directly owns 59,500 shares of the company’s stock, valued at approximately $298,095. The disclosure for this sale can be found here. Insiders have sold 62,252 shares of company stock valued at $304,383 in the last ninety days. 8.81% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. Sphinx Trading LP bought a new stake in Finjan in the second quarter valued at about $153,000. BlackRock Inc. increased its stake in Finjan by 144.4% in the second quarter. BlackRock Inc. now owns 54,696 shares of the software maker’s stock valued at $186,000 after acquiring an additional 32,313 shares during the period. Spark Investment Management LLC bought a new stake in Finjan in the second quarter valued at about $235,000. Alambic Investment Management L.P. bought a new stake in Finjan in the second quarter valued at about $494,000. Finally, Deutsche Bank AG increased its stake in Finjan by 16.6% in the fourth quarter. Deutsche Bank AG now owns 150,400 shares of the software maker’s stock valued at $324,000 after acquiring an additional 21,400 shares during the period. 55.79% of the stock is owned by institutional investors and hedge funds.

Finjan Company Profile

Finjan Holdings, Inc, a cybersecurity company, provides intellectual property licensing and enforcement services in the United States and internationally. 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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