Network-1 Technologies Inc (NTIP) to Release Quarterly Earnings on Thursday

Network-1 Technologies Inc (NYSE:NTIP) is scheduled to be issuing its quarterly earnings data on Thursday, November 9th.

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

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In related news, EVP Jonathan M. Greene sold 7,053 shares of the stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $4.00, for a total value of $28,212.00. Following the completion of the transaction, the executive vice president now owns 29,459 shares in the company, valued at approximately $117,836. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Steven D. Heinemann sold 20,791 shares of the stock in a transaction dated Wednesday, October 11th. The shares were sold at an average price of $4.31, for a total transaction of $89,609.21. The disclosure for this sale can be found here. Insiders sold a total of 48,991 shares of company stock valued at $208,375 in the last quarter.

A hedge fund recently raised its stake in Network-1 Technologies stock. Vanguard Group Inc. boosted its stake in Network-1 Technologies Inc (NYSE:NTIP) by 43.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 383,534 shares of the company’s stock after buying an additional 116,981 shares during the period. Vanguard Group Inc. owned 1.59% of Network-1 Technologies worth $1,630,000 at the end of the most recent quarter.

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