Finjan Holdings Inc (NASDAQ:FNJN) – Investment analysts at B. Riley cut their FY2018 earnings estimates for Finjan in a research report issued on Wednesday, November 14th. B. Riley analyst M. Crawford now expects that the software maker will post earnings per share of $1.31 for the year, down from their previous forecast of $1.45. B. Riley also issued estimates for Finjan’s FY2019 earnings at $0.81 EPS.

FNJN has been the subject of a number of other reports. ValuEngine upgraded Finjan from a “hold” rating to a “buy” rating in a research note on Monday, October 8th. TheStreet upgraded Finjan from a “c+” rating to a “b-” rating in a research note on Tuesday, August 14th.

FNJN stock opened at $2.98 on Thursday. The company has a market capitalization of $93.99 million, a price-to-earnings ratio of 8.51 and a beta of -0.29. Finjan has a twelve month low of $1.69 and a twelve month high of $5.54.

Finjan (NASDAQ:FNJN) last posted its quarterly earnings results on Tuesday, November 13th. The software maker reported ($0.28) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.10) by ($0.18).

In other news, CEO Philip Hartstein sold 77,500 shares of Finjan stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now directly owns 130,250 shares in the company, valued at approximately $670,787.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Daniel Robert Chinn sold 5,000 shares of Finjan stock in a transaction that occurred on Monday, October 8th. The stock was sold at an average price of $5.48, for a total value of $27,400.00. Following the transaction, the director now owns 5,000 shares of the company’s stock, valued at $27,400. The disclosure for this sale can be found here. Insiders have sold a total of 87,500 shares of company stock valued at $448,325 over the last quarter. 8.81% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently modified their holdings of FNJN. JPMorgan Chase & Co. bought a new position in shares of Finjan during the 1st quarter worth approximately $495,000. Dimensional Fund Advisors LP lifted its holdings in Finjan by 30.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 564,457 shares of the software maker’s stock worth $1,834,000 after purchasing an additional 133,006 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in Finjan by 244.9% during the 2nd quarter. Acadian Asset Management LLC now owns 492,314 shares of the software maker’s stock worth $1,674,000 after purchasing an additional 349,576 shares during the last quarter. Bailard Inc. lifted its holdings in Finjan by 13.9% during the 2nd quarter. Bailard Inc. now owns 184,100 shares of the software maker’s stock worth $626,000 after purchasing an additional 22,400 shares during the last quarter. Finally, Spark Investment Management LLC acquired a new stake in Finjan during the 2nd quarter worth approximately $235,000. Institutional investors own 56.70% 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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Earnings History and Estimates for Finjan (NASDAQ:FNJN)

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