Kopp Family Office LLC bought a new stake in NVE Corporation (NASDAQ:NVEC – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,813 shares of the semiconductor company’s stock, valued at approximately $750,000. NVE accounts for 0.4% of Kopp Family Office LLC’s investment portfolio, making the stock its 18th biggest position.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ranger Investment Management L.P. acquired a new position in shares of NVE in the 2nd quarter valued at $12,686,000. Merrion Investment Management Co LLC increased its position in shares of NVE by 10.0% during the 3rd quarter. Merrion Investment Management Co LLC now owns 47,590 shares of the semiconductor company’s stock worth $5,239,000 after purchasing an additional 4,325 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in NVE in the 2nd quarter valued at about $4,879,000. WINTON GROUP Ltd purchased a new stake in NVE in the 2nd quarter valued at about $497,000. Finally, Kings Path Partners LLC purchased a new stake in NVE in the 3rd quarter valued at about $448,000. Hedge funds and other institutional investors own 65.95% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have commented on NVEC shares. Weiss Ratings raised shares of NVE from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Wall Street Zen cut shares of NVE from a “buy” rating to a “hold” rating in a research report on Saturday, September 12th. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat.com, NVE presently has an average rating of “Buy”.
Read Our Latest Stock Report on NVE
NVE Stock Performance
NVE stock opened at $103.07 on Thursday. The company has a market capitalization of $498.86 million, a PE ratio of 27.71 and a beta of 1.34. NVE Corporation has a fifty-two week low of $57.21 and a fifty-two week high of $135.00. The firm has a 50 day moving average price of $106.26 and a 200 day moving average price of $100.04.
NVE (NASDAQ:NVEC – Get Free Report) last released its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $0.65 EPS for the quarter. NVE had a return on equity of 30.53% and a net margin of 57.64%. The company had revenue of $5.58 million for the quarter.
NVE News Summary
Here are the key news stories impacting NVE this week:
- Positive Sentiment: NVE reported diluted earnings per share of $0.65 and net income of $3.17 million. For the first six months of fiscal 2027, revenue increased 36% to $16.87 million and net income rose 39% to $9.57 million. NVE Reports Second-Quarter Results
- Positive Sentiment: The company declared a $1.00-per-share quarterly cash dividend, payable November 30 to shareholders of record on November 2. The payout reinforces NVE’s shareholder-return appeal. NVE Reports Second Quarter Results and Announces Quarterly Dividend
- Positive Sentiment: NVE continues to demonstrate substantial profitability, with a reported net margin of 57.64% and return on equity of 30.53%. Institutional activity was also mixed but included additional holdings from BlackRock and Morgan Stanley. NVE Corporation Results
- Neutral Sentiment: Second-quarter revenue declined 8% year over year to $5.83 million, while net income fell 4% and diluted EPS declined from $0.68 to $0.65. Product sales decreased, but contract research and development revenue increased to $259,420 from $208,220. NVE Corporation Posts Mixed Second-Quarter Results
- Negative Sentiment: Insider activity remains a risk signal: NVE insiders made nine open-market sales and no purchases during the past six months, including 48,371 shares sold by Daniel A. Baker. This may temper enthusiasm following the earnings release. NVE Insider Trading Activity
Insider Activity
In related news, Director Daniel Baker sold 21,140 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $101.49, for a total transaction of $2,145,498.60. Following the transaction, the director owned 17,932 shares of the company’s stock, valued at approximately $1,819,918.68. This represents a 54.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders sold 48,371 shares of company stock valued at $5,249,226. 2.10% of the stock is currently owned by insiders.
About NVE
NVE Corporation (NASDAQ: NVEC) develops and manufactures spintronic devices that use electron-spin properties to acquire, transmit, and store data. The company’s technology is designed to provide high sensitivity, low power consumption, and electrical isolation in applications that require the transfer or detection of digital signals.
Its product portfolio includes magnetic sensors, digital isolators, and couplers. These components are used in industrial equipment, factory automation, medical devices, energy systems, transportation, and other applications that require sensing, signal isolation, or communication between electrically separated circuits.
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