Revenue Update on Finjan Holdings(NASDAQ:FNJN)

Finjan Holdings(NASDAQ:FNJN) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 9, 2016. Earnings per share were $0.04.

In a different note, B. Riley said it Initiates Coverage on Finjan Holdings, according to a research note issued on May 20, 2016. The shares have been rated ‘Buy’ by the firm.

Finjan Holdings (FNJN) made into the market gainers list on Wednesdays trading session with the shares advancing 0.29% or 0.0048 points. Due to strong positive momentum, the stock ended at $1.6598, which is also near the day’s high of $1.6598. The stock began the session at $1.64 and the volume stood at 1,812 shares. The 52-week high of the shares is $2.3499 and the 52 week low is $0.81. The company has a current market capitalization of $38 M and it has 2,28,62,907 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jul 29, 2016, Michael David Noonan (Chief Financial Officer) sold 4,333 shares at $1.87 per share price.Also, On Jul 28, 2016, Julie Mar-spinola (CIPO) sold 2,010 shares at $1.87 per share price.On Jul 6, 2016, Philip Hartstein (President & CEO) sold 5,000 shares at $1.76 per share price, according to the Form-4 filing with the securities and exchange commission.

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