FY2019 Earnings Forecast for Finjan Holdings Inc (FNJN) Issued By B. Riley

Finjan Holdings Inc (NASDAQ:FNJN) – Equities researchers at B. Riley lowered their FY2019 earnings per share (EPS) estimates for shares of Finjan in a report issued on Wednesday, May 8th. B. Riley analyst M. Crawford now expects that the software maker will post earnings per share of $0.65 for the year, down from their previous forecast of $0.69.

A number of other analysts also recently commented on FNJN. ValuEngine upgraded shares of Finjan from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Zacks Investment Research downgraded shares of Finjan from a “hold” rating to a “strong sell” rating in a report on Monday, March 18th. Finally, Dawson James reiterated a “buy” rating on shares of Finjan in a report on Friday, March 29th.

NASDAQ FNJN opened at $3.04 on Monday. Finjan has a 12 month low of $2.11 and a 12 month high of $5.54. The company has a market capitalization of $86.42 million, a P/E ratio of 4.34 and a beta of 0.34.

Finjan (NASDAQ:FNJN) last released its earnings results on Wednesday, May 8th. The software maker reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.03).

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FNJN. Shufro Rose & Co. LLC raised its holdings in shares of Finjan by 95.5% during the fourth quarter. Shufro Rose & Co. LLC now owns 21,500 shares of the software maker’s stock valued at $54,000 after acquiring an additional 10,500 shares during the period. Bailard Inc. acquired a new stake in shares of Finjan during the first quarter valued at approximately $76,000. Deutsche Bank AG raised its holdings in shares of Finjan by 11.8% during the fourth quarter. Deutsche Bank AG now owns 38,501 shares of the software maker’s stock valued at $96,000 after acquiring an additional 4,077 shares during the period. B. Riley Financial Inc. acquired a new stake in shares of Finjan during the first quarter valued at approximately $147,000. Finally, Jane Street Group LLC acquired a new stake in shares of Finjan during the third quarter valued at approximately $155,000. Institutional investors and hedge funds own 56.83% of the company’s stock.

About Finjan

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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