NVE Corporation (NVEC)

Over the past six months, NVE Corp.'s stock price has decreased. Key events include the Q2 Fiscal 2026 earnings report, which showed a revenue increase but a decline in gross margin, and the Q1 Fiscal 2026 earnings report, which showed a decrease in total revenue. The company has consistently announced quarterly dividends. A member of the company's Board of Directors passed away.

Demand seasonality for NVE Corp.'s products is not explicitly driven by typical seasonal consumer patterns. Demand for PUFs used in defense systems can be "lumpy" due to procurement contracts. The company has observed an increase in distributor sales, suggesting some cyclicality related to broader industry conditions. NVE serves diverse sectors including automotive, industrial automation, medical devices, aerospace, defense, and consumer electronics, which may have their own demand cycles.

NVE Corporation specializes in spintronics, a nanotechnology using electron spin for information handling. They operate in the Information Technology sector, specifically in Semiconductors and Semiconductor Equipment. NVE manufactures high-performance spintronic products, including sensors and couplers. Their major products include sensors for detecting magnetic or metallic materials, spintronic couplers for power conversion and industrial IoT, Power ICs, and licensed MRAM technology.

NVE Corporation develops and sells its devices both in the United States and internationally, serving a global customer base with sales and distribution channels across North America, Europe, and Asia. Its products are available through a global distribution network. NVE Corporation is headquartered in Eden Prairie, Minnesota, where it also operates wafer fabrication and assembly facilities.

NVE Corporation maintains a reputation as a leader in spintronics technology, known for innovation and high-performance product solutions. New product launches, such as the ALT521-10E Tunneling Magnetoresistance (TMR) Rotation sensor, and involvement in the NASA Europa Clipper mission contribute positively to its reputation. Financial performance challenges and dividend sustainability concerns could impact investor sentiment.

NVE Corporation has significant institutional ownership, with 266 institutional owners and shareholders holding a total of 4,852,587 shares. Institutional shareholders own approximately 74.98% of the company, while insiders own 5.84%, and retail investors hold 19.17%. Major institutional owners include Vanguard Group Inc., Penserra Capital Management LLC, and Royce & Associates Lp. The largest individual shareholder is Dr. James Daughton, and Daniel Baker, the company's CEO, directly holds shares.