November 22, 2016 - By Nellie Frank · 0 Comments
Network 1 Technologies Inc (NYSEMKT:NTIP) institutional sentiment increased to 2 in Q2 2016. Its up 0.86, from 1.14 in 2016Q1. The ratio improved, as 8 hedge funds started new and increased equity positions, while 7 decreased and sold equity positions in Network 1 Technologies Inc. The hedge funds in our partner’s database now hold: 1.63 million shares, up from 1.60 million shares in 2016Q1. Also, the number of hedge funds holding Network 1 Technologies Inc in their top 10 equity positions increased from 0 to 1 for an increase of 1. Sold All: 1 Reduced: 6 Increased: 4 New Position: 4.
Network-1 Technologies, Inc. is engaged in the development, licensing and protection of its property assets. The company has a market cap of $69.99 million.
The stock closed at $2.95 during the last session. It is down 37.21% since April 20, 2016 and is uptrending. It has outperformed by 32.65% the S&P500.
According to Zacks Investment Research, “Network-1 Technologies, Inc. is engaged in the development, licensing and protection of its intellectual property and proprietary technologies. The Company’s CYBERWALLPLUS family of security software products enables an organization to protect its computer networks from internal and external attacks and to secure organizational communications. Network-1 Technologies, Inc., formerly known as Network-1 Security Solutions, Inc., is based in New York.”
Hilltop Park Associates Llc holds 2.77% of its portfolio in Network-1 Technologies Inc for 250,000 shares. S. Muoio & Co. Llc owns 620,599 shares or 0.78% of their US portfolio. Moreover, Cannell Capital Llc has 0.44% invested in the company for 410,704 shares. The Illinois-based Drw Securities Llc has invested 0.03% in the stock. Kellner Capital Llc, a New York-based fund reported 15,000 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 1 insider sale for $27,070 net activity.
Network-1 Technologies, Inc., incorporated on July 13, 1990, is engaged in the development, licensing and protection of its property assets. The Firm 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 taking further action to be performed based on such identification, 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. In addition, the Company reviews opportunities to acquire or license additional intellectual property.
More notable recent Network-1 Technologies Inc (NYSEMKT:NTIP) news were published by: Prnewswire.com which released: “Network-1 Reports Record Breaking Third Quarter 2016 Results” on November 11, 2016, also Prnewswire.com with their article: “Network-1 Reports Strong Second Quarter Results” published on August 15, 2016, Quotes.Wsj.com published: “News Network-1 Technologies Inc.NTIP” on October 24, 2013. More interesting news about Network-1 Technologies Inc (NYSEMKT:NTIP) were released by: Prnewswire.com and their article: “Network-1 Receives Markman Ruling in Patent Litigation Against Major Data …” published on November 04, 2016 as well as Law360.com‘s news article titled: “Alcatel Settles Network-1 Suit In Ethernet-Patent Dispute” with publication date: July 12, 2016.
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By Nellie Frank