Dimensional Fund Advisors LP Grows Stake in Network-1 Technologies Inc (NTIP)

Dimensional Fund Advisors LP lifted its stake in shares of Network-1 Technologies Inc (NYSEAMERICAN:NTIP) by 51.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 347,868 shares of the company’s stock after purchasing an additional 117,592 shares during the period. Dimensional Fund Advisors LP’s holdings in Network-1 Technologies were worth $1,339,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Goldman Sachs Group Inc. boosted its position in Network-1 Technologies by 452.0% during the second quarter. Goldman Sachs Group Inc. now owns 55,590 shares of the company’s stock worth $236,000 after acquiring an additional 45,520 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Network-1 Technologies by 98.0% during the second quarter. JPMorgan Chase & Co. now owns 107,529 shares of the company’s stock worth $457,000 after acquiring an additional 53,229 shares during the last quarter. Seizert Capital Partners LLC boosted its position in Network-1 Technologies by 75.6% during the third quarter. Seizert Capital Partners LLC now owns 186,489 shares of the company’s stock worth $718,000 after acquiring an additional 80,276 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in Network-1 Technologies by 43.9% during the second quarter. Vanguard Group Inc. now owns 383,534 shares of the company’s stock worth $1,630,000 after acquiring an additional 116,981 shares during the last quarter.

Network-1 Technologies Inc (NTIP) opened at $2.65 on Friday. The firm has a market cap of $61.53, a PE ratio of 15.00 and a beta of 0.35. Network-1 Technologies Inc has a fifty-two week low of $2.25 and a fifty-two week high of $5.05.

Network-1 Technologies (NYSEAMERICAN:NTIP) last posted its earnings results on Wednesday, November 15th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $3.24 million for the quarter. Network-1 Technologies had a net margin of 20.02% and a return on equity of 4.67%.

In other Network-1 Technologies news, major shareholder Steven D. Heinemann sold 200,000 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $2.60, for a total value of $520,000.00. Following the transaction, the insider now directly owns 585,233 shares in the company, valued at approximately $1,521,605.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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About Network-1 Technologies

Network-1 Technologies, Inc is engaged in the development, licensing and protection of its property assets. The Company owns over 27 patents, including the remote power patent (Remote Power Patent) covering the delivery of power over Ethernet (PoE) cables for the purpose of remotely powering network devices, such as wireless access ports, Internet protocol (IP) phones and network based cameras; the Mirror Worlds patent portfolio (the Mirror Worlds Patent Portfolio) relating to foundational technologies that enable unified search and indexing, displaying and archiving of documents in a computer system; the Cox patent portfolio (the Cox Patent Portfolio) relating to enabling technology for identifying media content on the Internet, and the QoS patents (the QoS Patents) covering systems and methods for the transmission of audio, video and data in order to achieve high quality of service (QoS) over computer and telephony networks.

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Institutional Ownership by Quarter for Network-1 Technologies (NYSEAMERICAN:NTIP)

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