Company NVE Corporation

Equities

NVEC

US6294452064

Semiconductors

Market Closed - Nasdaq 04:00:00 2024-05-31 pm EDT 5-day change 1st Jan Change
77.53 USD +1.25% Intraday chart for NVE Corporation +0.43% -1.15%

Business Summary

NVE Corporation develops and sells devices that use spintronics, which is a nanotechnology that relies on electron spin to acquire, store, and transmit information. The Company manufactures spintronic products, including sensors and couplers that are used to acquire and transmit data. The Company has also licensed its spintronic magnetoresistive random access memory technology (MRAM). Its parts are primarily used in industrial, scientific, and medical applications, as well as the Industrial Internet of things. The Company's products include sensors, couplers, DC-to-DC Convertors and MRAM products. Its sensor products detect the strength or gradient of magnetic fields and are often used to determine position or speed. Its spintronic couplers combine a giant magnetoresistance (GMR) sensor element and a microscopic coil. MRAM uses spintronics to store data. Its isolated direct current (DC)-to-DC convertors transfer energy between systems without direct electrical connections.

Number of employees: 50

Sales per Business

USD in Million2023Weight2024Weight Delta
Spintronics
98.0 %
37 97.2 % 29 98.0 % -21.45%
Contract Research and Development
2.0 %
1 2.8 % 1 2.0 % -44.54%

Sales per region

USD in Million2023Weight2024Weight Delta
China, India, Taiwan, Thailand
100.0 %
38 100.0 % 30 100.0 % -22.09%

Managers

Managers TitleAgeSince
Chief Executive Officer 66 00-12-31
Director of Finance/CFO 38 22-08-31
Chief Tech/Sci/R&D Officer 48 02-12-31

Members of the board

Members of the board TitleAgeSince
Chairman 81 98-12-31
Director/Board Member 64 03-12-31
Director/Board Member 76 21-08-04
Chief Executive Officer 66 00-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 4,833,676 4,769,175 ( 98.67 %) 0 98.67 %

Shareholders

NameEquities%Valuation
Royce & Associates LP
10.03 %
485,023 10.03 % 38 M $
Kayne Anderson Rudnick Investment Management LLC
9.206 %
444,941 9.206 % 35 M $
BlackRock Advisors LLC
6.698 %
323,753 6.698 % 26 M $
Vanguard Fiduciary Trust Co.
5.410 %
261,476 5.410 % 21 M $
194,758 4.029 % 15 M $
Renaissance Technologies LLC
3.532 %
170,700 3.532 % 14 M $
Dimensional Fund Advisors LP
2.492 %
120,437 2.492 % 10 M $
Geode Capital Management LLC
2.438 %
117,860 2.438 % 9 M $
Punch & Associates Investment Management, Inc.
1.885 %
91,100 1.885 % 7 M $
Hotchkis & Wiley Capital Management LLC
1.513 %
73,150 1.513 % 6 M $

Company contact information

NVE Corp.

11409 Valley View Road

55344-3617, Eden Prairie

+952 829 9217

http://www.nve.com
address NVE Corporation(NVEC)
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