NVE (NASDAQ:NVEC) Posts Earnings Results

NVE (NASDAQ:NVEC) posted its quarterly earnings results on Wednesday. The semiconductor company reported $1.32 earnings per share for the quarter, FiscalAI reports. The company had revenue of $11.03 million for the quarter. NVE had a net margin of 57.64% and a return on equity of 30.67%.

Here are the key takeaways from NVE’s conference call:

• NVE reported a blowout quarter, with revenue up 81% year over year to $11 million and net income up 79% to $6.39 million, or $1.32 per diluted share.
• Gross margin remained strong at 81.3%, while operating expenses grew more slowly than revenue, helping operating margin reach 66% and pre-tax margin 78%.
• The company said earnings more than covered its $1 quarterly dividend for the second straight quarter, and cash plus marketable securities increased to $43.9 million.
• NVE launched new wafer-level chip scale sensors for implantable medical devices, including its first MRI-safe versions, and continues to develop products for robotics and more power-efficient power conversion.
• Management highlighted robotics and automation as the strongest growth opportunity, while noting the recent capacity expansion is being used mainly for R&D now and will gradually support production as new products ramp.

NVE Price Performance

NASDAQ NVEC traded down $9.59 during trading hours on Friday, reaching $124.62. The company’s stock had a trading volume of 70,220 shares, compared to its average volume of 125,002. The firm has a fifty day simple moving average of $98.43 and a 200-day simple moving average of $81.17. NVE has a 52 week low of $57.21 and a 52 week high of $135.00. The stock has a market cap of $603.14 million, a P/E ratio of 33.75 and a beta of 1.38.

NVE Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 3rd will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Monday, August 3rd. NVE’s dividend payout ratio (DPR) is 127.39%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of NVE from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Hedge Funds Weigh In On NVE

Several institutional investors and hedge funds have recently added to or reduced their stakes in NVEC. Handelsbanken Fonder AB lifted its stake in shares of NVE by 62.8% in the fourth quarter. Handelsbanken Fonder AB now owns 102,592 shares of the semiconductor company’s stock worth $6,087,000 after acquiring an additional 39,565 shares during the period. State of Tennessee Department of Treasury raised its stake in NVE by 137.4% during the second quarter. State of Tennessee Department of Treasury now owns 6,596 shares of the semiconductor company’s stock worth $486,000 after buying an additional 3,818 shares during the last quarter. Jane Street Group LLC bought a new position in NVE during the first quarter worth $351,000. SG Americas Securities LLC lifted its holdings in NVE by 78.9% in the fourth quarter. SG Americas Securities LLC now owns 3,930 shares of the semiconductor company’s stock valued at $233,000 after buying an additional 1,733 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in NVE by 5.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,873 shares of the semiconductor company’s stock valued at $183,000 after acquiring an additional 156 shares during the last quarter. 65.95% of the stock is currently owned by institutional investors and hedge funds.

More NVE News

Here are the key news stories impacting NVE this week:

• Positive Sentiment: NVE reported first-quarter fiscal 2027 EPS of $1.32 on revenue of $11.03 million, with revenue up 81% year over year and very strong profitability, including a net margin above 57%. NVE earnings report
• Positive Sentiment: The company also declared a quarterly dividend of $1.00 per share, signaling confidence in cash generation and providing income support for shareholders. NVE quarterly dividend announcement
• Neutral Sentiment: Media coverage highlighted the stock’s sharp breakout and noted elevated trading activity, which suggests momentum traders may be amplifying the move. Market movers article
• Neutral Sentiment: A Seeking Alpha article said the stock had already broken out, implying some investors may be waiting for a better entry after the recent run-up. Seeking Alpha article on NVE breakout

About NVE

NVE Corporation (NASDAQ:NVEC) is a technology company specializing in the development, manufacturing, and marketing of spintronic products. The company’s core expertise lies in magnetoresistive sensing and magnetic-field-based digital isolation, leveraging patented spin-valve and tunneling magnetoresistance technologies to deliver high-performance, low-power solutions.

NVE’s product portfolio includes magnetic sensors for current, position, and angle sensing applications, as well as micro-isolators and digital isolators that provide galvanic isolation in industrial, automotive, medical, instrumentation, and consumer electronics systems.