NVE Co. (NASDAQ:NVEC) Holdings Lifted by Private Advisor Group LLC

Private Advisor Group LLC boosted its holdings in shares of NVE Co. (NASDAQ:NVECFree Report) by 11.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,215 shares of the semiconductor company’s stock after buying an additional 534 shares during the period. Private Advisor Group LLC owned approximately 0.11% of NVE worth $409,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. SG Americas Securities LLC purchased a new stake in shares of NVE in the fourth quarter worth approximately $104,000. Navellier & Associates Inc. acquired a new stake in shares of NVE during the 3rd quarter valued at $275,000. Citigroup Inc. grew its holdings in shares of NVE by 72.9% during the 3rd quarter. Citigroup Inc. now owns 6,370 shares of the semiconductor company’s stock valued at $523,000 after acquiring an additional 2,686 shares in the last quarter. Aviva PLC acquired a new position in shares of NVE in the third quarter worth $590,000. Finally, Worth Venture Partners LLC raised its holdings in shares of NVE by 27.1% during the third quarter. Worth Venture Partners LLC now owns 8,813 shares of the semiconductor company’s stock worth $724,000 after acquiring an additional 1,879 shares in the last quarter. 65.95% of the stock is owned by hedge funds and other institutional investors.

NVE Price Performance

Shares of NASDAQ NVEC opened at $76.81 on Wednesday. NVE Co. has a one year low of $64.14 and a one year high of $100.19. The business’s 50-day moving average price is $81.69 and its two-hundred day moving average price is $78.71. The company has a market capitalization of $371.30 million, a P/E ratio of 21.64 and a beta of 1.21.

NVE (NASDAQ:NVECGet Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The semiconductor company reported $0.79 EPS for the quarter. The business had revenue of $7.08 million during the quarter. NVE had a return on equity of 25.83% and a net margin of 57.46%.

NVE Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Monday, May 13th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 5.21%. NVE’s dividend payout ratio is currently 112.68%.

NVE Profile

(Free Report)

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data.

Further Reading

Institutional Ownership by Quarter for NVE (NASDAQ:NVEC)

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