Saybrook Capital NC Sells 66,700 Shares of Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP)

Posted by Eileen French on Mar 9th, 2025

Saybrook Capital NC lessened its holdings in Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP – Free Report) by 13.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 412,652 shares of the company’s stock after selling 66,700 shares during the quarter. Saybrook Capital NC’s holdings in Network-1 Technologies were worth $549,000 as of its most recent SEC filing.

Separately, Round Rock Advisors LLC bought a new stake in shares of Network-1 Technologies in the fourth quarter valued at about $163,000. 29.07% of the stock is currently owned by hedge funds and other institutional investors.

Network-1 Technologies Price Performance

Shares of Network-1 Technologies stock opened at $1.36 on Friday. The stock has a market capitalization of $31.22 million, a PE ratio of -22.58 and a beta of 0.14. Network-1 Technologies, Inc. has a 52-week low of $1.22 and a 52-week high of $2.20.

Network-1 Technologies Announces Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a yield of 7.1%. Network-1 Technologies’s payout ratio is -166.67%.

Network-1 Technologies Company Profile

(Free Report)

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.