Clayton Partners LLC Sells 327,377 Shares of Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP)

Clayton Partners LLC reduced its position in shares of Network-1 Technologies, Inc. (NYSEAMERICAN:NTIP) by 21.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,213,155 shares of the company’s stock after selling 327,377 shares during the period. Clayton Partners LLC owned 0.05% of Network-1 Technologies worth $1,613,000 at the end of the most recent reporting period.

Separately, Round Rock Advisors LLC bought a new position in Network-1 Technologies in the 4th quarter worth approximately $163,000. 29.07% of the stock is owned by institutional investors.

Network-1 Technologies Stock Performance

Shares of Network-1 Technologies stock opened at $1.35 on Friday. The firm has a market capitalization of $30.99 million, a PE ratio of -22.42 and a beta of 0.14. Network-1 Technologies, Inc. has a 1 year low of $1.22 and a 1 year high of $2.15.

Network-1 Technologies Dividend Announcement

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 given a $0.05 dividend. The ex-dividend date is Friday, March 14th. This represents a dividend yield of 7.1%. Network-1 Technologies’s dividend payout ratio is currently -166.67%.

Network-1 Technologies Company Profile

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.