Finjan (FNJN) Releases Quarterly Earnings Results
Finjan (NASDAQ:FNJN) released its quarterly earnings results on Tuesday. The software maker reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.18), Bloomberg Earnings reports.
Shares of Finjan stock opened at $3.45 on Wednesday. The stock has a market cap of $103.80 million, a PE ratio of 9.86 and a beta of -0.29. Finjan has a 12 month low of $1.69 and a 12 month high of $5.54.
In other news, CEO Philip Hartstein sold 77,500 shares of the 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 approximately $670,787.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Daniel Robert Chinn sold 5,000 shares of the stock in a transaction dated Monday, October 8th. The shares were 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 in the company, 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 worth $448,325 over the last quarter. Corporate insiders own 8.81% of the company’s stock.
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.
Featured Article: What Are Treasury Bonds?
Receive News & Ratings for Finjan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Finjan and related companies with MarketBeat.com's FREE daily email newsletter.