Finjan (FNJN) Issues Quarterly Earnings Results, Misses Expectations By $0.18 EPS
Finjan (NASDAQ:FNJN) issued its quarterly earnings results on Tuesday. The software maker reported ($0.28) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by ($0.18), Bloomberg Earnings reports.
Shares of NASDAQ FNJN traded down $0.06 during trading on Thursday, reaching $3.12. The company had a trading volume of 200 shares, compared to its average volume of 477,093. Finjan has a 12-month low of $1.69 and a 12-month high of $5.54. The stock has a market cap of $103.80 million, a P/E ratio of 8.91 and a beta of -0.29.
In related news, CEO Philip Hartstein sold 77,500 shares of the stock in a transaction on Monday, October 8th. The stock was sold at an average price of $5.15, for a total transaction of $399,125.00. Following the sale, the chief executive officer now directly owns 130,250 shares of the company’s stock, valued at $670,787.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Daniel Robert Chinn sold 5,000 shares of the stock in a transaction on Monday, October 8th. The shares were sold at an average price of $5.48, for a total value of $27,400.00. Following the sale, the director now directly owns 5,000 shares in the company, valued at $27,400. The disclosure for this sale can be found here. Over the last three months, insiders sold 87,500 shares of company stock worth $448,325. Insiders own 8.81% of the company’s stock.
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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