Network-1 Technologies Inc (NYSE:NTIP) major shareholder Steven D. Heinemann sold 4,209 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $4.30, for a total value of $18,098.70. Following the transaction, the insider now directly owns 585,233 shares of the company’s stock, valued at $2,516,501.90. The sale was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Network-1 Technologies (NYSE:NTIP) last released its quarterly earnings results on Monday, August 14th. The company reported $0.06 earnings per share for the quarter. The company had revenue of $4.86 million for the quarter. Network-1 Technologies had a return on equity of 11.15% and a net margin of 31.76%.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Numeric Investors LLC raised its holdings in shares of Network-1 Technologies by 107.5% during the second quarter. Numeric Investors LLC now owns 1,137,952 shares of the company’s stock valued at $4,836,000 after buying an additional 589,543 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Network-1 Technologies by 43.9% during the second quarter. Vanguard Group Inc. now owns 383,534 shares of the company’s stock valued at $1,630,000 after buying an additional 116,981 shares during the last quarter. Acadian Asset Management LLC raised its holdings in shares of Network-1 Technologies by 81.7% during the second quarter. Acadian Asset Management LLC now owns 356,987 shares of the company’s stock valued at $1,517,000 after buying an additional 160,489 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Network-1 Technologies by 1,731.8% during the second quarter. Dimensional Fund Advisors LP now owns 230,276 shares of the company’s stock valued at $979,000 after buying an additional 217,705 shares during the last quarter. Finally, Seizert Capital Partners LLC raised its holdings in shares of Network-1 Technologies by 75.6% during the third quarter. Seizert Capital Partners LLC now owns 186,489 shares of the company’s stock valued at $718,000 after buying an additional 80,276 shares during the last quarter.

About Network-1 Technologies

Insider Buying and Selling by Quarter for Network-1 Technologies (NYSE:NTIP)

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