The stock of Network-1 Technologies Inc (NYSEMKT:NTIP) is a huge mover today! The stock increased 3.33% or $0.1 on November 25, hitting $3.1. About 51,091 shares traded hands. Network-1 Technologies Inc (NYSEMKT:NTIP) has risen 50.75% since April 22, 2016 and is uptrending. It has outperformed by 45.34% the S&P500.
The move comes after 7 months positive chart setup for the $71.13M company. It was reported on Nov, 25 by Barchart.com. We have $3.38 PT which if reached, will make NYSEMKT:NTIP worth $6.40M more.
Analysts await Network-1 Technologies Inc (NYSEMKT:NTIP) to report earnings on March, 29.
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.”
Insitutional Activity: The institutional sentiment increased to 2 in Q2 2016. Its up 0.86, from 1.14 in 2016Q1. The ratio increased, as 1 funds sold all Network-1 Technologies Inc shares owned while 6 reduced positions. 4 funds bought stakes while 4 increased positions. They now own 1.63 million shares or 1.59% more from 1.60 million shares in 2016Q1.
Deutsche Comml Bank Ag last reported 0% of its portfolio in the stock. Cannell Cap Limited Liability Company accumulated 0.44% or 410,704 shares. Kellner Ltd Llc last reported 0.03% of its portfolio in the stock. The New York-based Hilltop Park Assocs Ltd Llc has invested 2.77% in Network-1 Technologies Inc (NYSEMKT:NTIP). National Bank Of America De holds 0% or 1,263 shares in its portfolio. Goldman Sachs holds 26,123 shares or 0% of its portfolio. Blackrock Fund last reported 0% of its portfolio in the stock. Blackrock Management Limited Liability Company accumulated 0% or 2,321 shares. First New York Limited Com Ny holds 0% of its portfolio in Network-1 Technologies Inc (NYSEMKT:NTIP) for 2,000 shares. First Manhattan last reported 13,600 shares in the company. Vanguard Grp Incorporated, a Pennsylvania-based fund reported 28,109 shares. S Muoio & Co Limited Liability accumulated 620,599 shares or 0.78% of the stock. Drw Securities Limited Liability has invested 0.03% of its portfolio in Network-1 Technologies Inc (NYSEMKT:NTIP). Walleye Trading Ltd Liability holds 3,100 shares or 0% of its portfolio. The New York-based Pinnacle Limited has invested 0% in Network-1 Technologies Inc (NYSEMKT:NTIP).
Insider Transactions: Since August 19, 2016, the stock had 0 buys, and 1 sale for $27,070 net activity. $27,070 worth of Network-1 Technologies Inc (NYSEMKT:NTIP) was sold by Greene Jonathan M.
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 Receives Markman Ruling in Patent Litigation Against Major Data …” published on November 04, 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 Reports Strong Second Quarter Results” published on August 15, 2016 as well as Prnewswire.com‘s news article titled: “Network-1 Announces Settlement Of Patent Litigation With Dell, Inc.” with publication date: August 05, 2016.
NTIP Company Profile
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.
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