Finjan Holdings, Inc. (NASDAQ:FNJN) major shareholder Seed Iv L. P. Israel sold 5,100 shares of the business’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $2.45, for a total value of $12,495.00. Following the transaction, the insider now owns 3,147,265 shares of the company’s stock, valued at approximately $7,710,799.25. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Finjan Holdings, Inc. (NASDAQ FNJN) traded up $0.12 during mid-day trading on Monday, reaching $2.41. The company’s stock had a trading volume of 372,300 shares, compared to its average volume of 254,134. Finjan Holdings, Inc. has a one year low of $1.00 and a one year high of $4.06. The firm has a market cap of $66.78, a price-to-earnings ratio of 5.88 and a beta of -0.13.
A number of hedge funds have recently made changes to their positions in the business. B. Riley Financial Inc. boosted its position in Finjan by 24.0% during the 3rd quarter. B. Riley Financial Inc. now owns 2,063,351 shares of the software maker’s stock worth $4,849,000 after acquiring an additional 399,032 shares during the period. Dimensional Fund Advisors LP boosted its position in Finjan by 128.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 400,732 shares of the software maker’s stock worth $942,000 after acquiring an additional 225,251 shares during the period. Macquarie Group Ltd. acquired a new position in Finjan during the 3rd quarter worth $200,000. Navellier & Associates Inc acquired a new position in Finjan during the 2nd quarter worth $201,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Finjan during the 2nd quarter worth $162,000. Institutional investors own 34.09% of the company’s stock.
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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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