TheStreet downgraded shares of Finjan (NASDAQ:FNJN) from a b rating to a c rating in a research note published on Monday morning.

Separately, ValuEngine raised shares of Finjan from a hold rating to a buy rating in a research report on Monday, October 8th.

Shares of FNJN opened at $3.01 on Monday. The stock has a market capitalization of $71.89 million, a PE ratio of 8.60 and a beta of -0.49. Finjan has a fifty-two week low of $1.69 and a fifty-two week high of $5.54.

Finjan (NASDAQ:FNJN) last issued its quarterly earnings data on Tuesday, November 13th. The software maker reported ($0.28) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.10) by ($0.18). On average, sell-side analysts predict that Finjan will post 1.31 EPS for the current fiscal year.

In related news, Director Daniel Robert Chinn sold 5,000 shares of the firm’s stock in a transaction dated Monday, October 8th. The shares were sold at an average price of $5.48, for a total transaction of $27,400.00. Following the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at $27,400. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Philip Hartstein sold 77,500 shares of the firm’s stock in a transaction dated Monday, October 8th. The stock was sold at an average price of $5.15, for a total transaction of $399,125.00. Following the transaction, the chief executive officer now directly owns 130,250 shares in the company, valued at $670,787.50. The disclosure for this sale can be found here. Insiders sold 87,500 shares of company stock worth $448,325 over the last three months. Insiders own 8.81% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in FNJN. Man Group plc bought a new position in Finjan during the third quarter worth about $2,269,000. Bridgeway Capital Management Inc. increased its position in Finjan by 735.6% during the third quarter. Bridgeway Capital Management Inc. now owns 590,800 shares of the software maker’s stock worth $2,546,000 after acquiring an additional 520,100 shares during the period. Acadian Asset Management LLC increased its position in Finjan by 103.0% during the third quarter. Acadian Asset Management LLC now owns 999,277 shares of the software maker’s stock worth $4,308,000 after acquiring an additional 506,963 shares during the period. Dimensional Fund Advisors LP increased its position in Finjan by 40.4% during the third quarter. Dimensional Fund Advisors LP now owns 1,125,648 shares of the software maker’s stock worth $4,852,000 after acquiring an additional 323,636 shares during the period. Finally, Millennium Management LLC bought a new position in Finjan during the second quarter worth about $880,000. 58.94% of the stock is currently 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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