nve is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. the company manufactures high-performance spintronic products including sensors and couplers. the company’s designs are based on giant magnetoresistance (gmr) and tunneling magnetoresistance (tmr) combined with integrated circuitry. nve’s award-winning products are smaller, more precise, higher speed, and more rugged than coventional devices, and are used in industrial, scientific, and medical applications.
Company profile
Ticker
NVEC
Exchange
Website
CEO
Daniel Baker
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
PREMIS CORP
SEC CIK
Corporate docs
IRS number
411424202
NVEC stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
18 Oct 23
8-K
NVE Corporation Reports Second Quarter Results and Announces Quarterly Dividend
18 Oct 23
8-K
Amendments to Articles of Incorporation or Bylaws
7 Aug 23
10-Q
2024 Q1
Quarterly report
19 Jul 23
8-K
NVE Corporation Reports First Quarter Results and Announces Quarterly Dividend
19 Jul 23
8-K/A
Entry into a Material Definitive Agreement
19 Jul 23
DEFA14A
Additional proxy soliciting materials
20 Jun 23
DEFA14A
Additional proxy soliciting materials
20 Jun 23
DEFA14A
Additional proxy soliciting materials
20 Jun 23
DEF 14A
Definitive proxy
20 Jun 23
Transcripts
NVEC
Earnings call transcript
2024 Q2
18 Oct 23
NVEC
Earnings call transcript
2024 Q1
19 Jul 23
NVEC
Earnings call transcript
2023 Q4
3 May 23
NVEC
Earnings call transcript
2023 Q3
25 Jan 23
NVEC
Earnings call transcript
2023 Q2
19 Oct 22
NVEC
Earnings call transcript
2023 Q1
21 Jul 22
NVEC
Earnings call transcript
2022 Q4
5 May 22
NVEC
Earnings call transcript
2022 Q3
20 Jan 22
NVEC
Earnings call transcript
2022 Q2
21 Oct 21
NVEC
Earnings call transcript
2022 Q1
22 Jul 21
Latest ownership filings
4
RICHARD W KRAMP
7 Aug 23
4
PATRICIA M HOLLISTER
7 Aug 23
4
JAMES W BRACKE
7 Aug 23
4
TERRENCE GLARNER
7 Aug 23
4
PATRICIA M HOLLISTER
16 May 23
144
Notice of proposed sale of securities
15 May 23
4
DANIEL A BAKER
11 May 23
4
RICHARD W KRAMP
10 May 23
144
Notice of proposed sale of securities
10 May 23
4
TERRENCE GLARNER
6 Mar 23
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Mar 23 | Mar 22 | Mar 21 | Mar 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 6.95 mm | 6.95 mm | 6.95 mm | 6.95 mm | 6.95 mm | |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 14.81 k | 7.41 k | |
| Cash used (since last report) | n/a | n/a | n/a | 32.00 k | 16.00 k | |
| Cash remaining | n/a | n/a | n/a | 6.92 mm | 6.94 mm | |
| Runway (months of cash) | n/a | n/a | n/a | 467.3 | 936.8 | |
Institutional ownership, Q3 2023
64.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 104 |
| Opened positions | 16 |
| Closed positions | 22 |
| Increased positions | 40 |
| Reduced positions | 34 |
| 13F shares | Current |
|---|---|
| Total value | 254.36 bn |
| Total shares | 3.12 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Royce & Associates | 483.12 k | $39.68 bn |
| Kayne Anderson Rudnick Investment Management | 472.49 k | $38.81 bn |
| BLK Blackrock | 327.18 k | $26.87 bn |
| Vanguard | 249.77 k | $20.52 bn |
| STT State Street | 201.98 k | $16.59 bn |
| Renaissance Technologies | 152.70 k | $12.53 bn |
| Dimensional Fund Advisors | 119.03 k | $9.78 bn |
| Geode Capital Management | 107.27 k | $8.81 bn |
| WFC Wells Fargo & Co. | 94.59 k | $7.77 bn |
| Punch & Associates Investment Management | 89.50 k | $7.35 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 Aug 23 | Terrence Glarner | NQSO Common Stock | Grant | Acquire A | No | No | 80.77 | 1,000 | 80.77 k | 7,000 |
| 3 Aug 23 | Bracke James W | NQSO Common Stock | Grant | Acquire A | No | No | 80.77 | 1,000 | 80.77 k | 3,000 |
| 3 Aug 23 | Patricia M Hollister | NQSO Common Stock | Grant | Acquire A | No | No | 80.77 | 1,000 | 80.77 k | 9,000 |
| 3 Aug 23 | Richard W Kramp | NQSO Common Stock | Grant | Acquire A | No | No | 80.77 | 1,000 | 80.77 k | 8,000 |
| 15 May 23 | Patricia M Hollister | Common Stock | Sell | Dispose S | No | No | 86.1985 | 2,000 | 172.40 k | 1,040 |
| 15 May 23 | Patricia M Hollister | Common Stock | Option exercise | Acquire M | No | No | 67.69 | 1,000 | 67.69 k | 3,040 |
| 15 May 23 | Patricia M Hollister | Common Stock | Option exercise | Acquire M | No | No | 49.86 | 1,000 | 49.86 k | 2,040 |
| 15 May 23 | Patricia M Hollister | NQSO Common Stock | Option exercise | Dispose M | No | No | 67.69 | 1,000 | 67.69 k | 8,000 |
| 15 May 23 | Patricia M Hollister | NQSO Common Stock | Option exercise | Dispose M | No | No | 49.86 | 1,000 | 49.86 k | 9,000 |
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18 Oct 23
NVE Q2 EPS $0.98 Down From $1.26 YoY, Sales $7.13M Down From $10.72M YoY
18 Oct 23
Earnings Scheduled For October 18, 2023
18 Oct 23