Round Rock Advisors LLC Buys New Shares in Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP)

Round Rock Advisors LLC purchased a new position in Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 122,240 shares of the company’s stock, valued at approximately $163,000. Round Rock Advisors LLC owned approximately 0.53% of Network-1 Technologies as of its most recent filing with the Securities and Exchange Commission.

Separately, Renaissance Technologies LLC lifted its stake in Network-1 Technologies by 4.1% in the 2nd quarter. Renaissance Technologies LLC now owns 564,644 shares of the company’s stock worth $1,005,000 after purchasing an additional 22,000 shares in the last quarter. 29.07% of the stock is owned by institutional investors and hedge funds.

Network-1 Technologies Price Performance

NYSEAMERICAN NTIP opened at $1.36 on Monday. Network-1 Technologies, Inc. has a one year low of $1.22 and a one year high of $2.25.

About Network-1 Technologies

Network-1 Technologies, Inc engages in the development, licensing, and protection of intellectual property assets. The company owns 100 patents, including the Cox patent portfolio related to enabling technology for identifying media content on the Internet; M2M/IoT patent portfolio related to enabling technology for authenticating, provisioning, and using embedded sim technology in IoT, machine-to-machine, and other mobile devices, such as smartphones, tablets, and computers, as well as automobiles; and HFT patent portfolio covering technologies related to high frequency trading that addresses technological problems associated with speed and latency, and provide critical latency gains in trading systems.