Stock events for NVE Corp. (NVEC)
NVE Corp.'s stock has shown volatility, with a recent increase of 9.46% in the last four weeks and 34.43% over the last 12 months. Recent earnings reports have been mixed, with a Y/Y rise in Q3 earnings but previous Y/Y declines in Q2 and Q1 earnings, the latter causing a stock price drop. The company's quarterly dividends and reports influence investor sentiment, while weekly volatility has remained stable.
Demand Seasonality affecting NVE Corp.’s stock price
Demand for NVE Corp.'s products is subject to cyclical revenue swings tied to customer inventory cycles and program-specific demand from direct customers, influenced by design wins and subsequent commercialization.
Overview of NVE Corp.’s business
NVE Corporation specializes in spintronics-based devices for information acquisition, storage, and transmission, operating in the Semiconductors & Semiconductor Equipment industry. Its main products are spintronic sensors and couplers used in factory automation, medical devices, and IIoT, along with DC-to-DC converters and MRAM technology licensing.
NVEC’s Geographic footprint
NVE Corporation operates in the United States, Europe, and the Asia Pacific region, with the majority of its revenue coming from the United States.
NVEC Corporate Image Assessment
NVE Corporation is known for its innovative spintronics products, high-quality earnings, and consistent profitability. Its products are smaller, more precise, faster, lower power, and more rugged than conventional devices. While its products are appreciated, some customer service concerns exist. Employee reviews show mixed to lower ratings across various categories.
Ownership
NVE Corp. has a diverse ownership structure including institutional shareholders (86.38%), NVE insiders (5.71%), and retail investors (7.91%). Major institutional owners include Defiance ETFs, LLC, Penserra Capital Management LLC, Vanguard Group Inc, BlackRock, Inc., Royce & Associates Lp, Renaissance Technologies Llc, State Street Corp, Kayne Anderson Rudnick Investment Management Llc, Geode Capital Management, Llc, and Ranger Investment Management, L.P. Dr. James Daughton is the largest individual shareholder, holding 2.24% of the company.
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$77.86
