NVE Co. (NASDAQ:NVEC) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC grew its holdings in shares of NVE Co. (NASDAQ:NVEC) by 3.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 139,280 shares of the semiconductor company’s stock after buying an additional 4,667 shares during the period. Geode Capital Management LLC owned 2.88% of NVE worth $11,344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Royce & Associates LP lifted its position in NVE by 1.1% in the fourth quarter. Royce & Associates LP now owns 488,320 shares of the semiconductor company’s stock valued at $39,764,000 after acquiring an additional 5,328 shares during the last quarter. State Street Corp increased its position in shares of NVE by 10.2% during the third quarter. State Street Corp now owns 161,932 shares of the semiconductor company’s stock worth $12,934,000 after purchasing an additional 14,959 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of NVE by 2.9% in the 4th quarter. JPMorgan Chase & Co. now owns 70,119 shares of the semiconductor company’s stock valued at $5,710,000 after purchasing an additional 1,981 shares during the last quarter. Isthmus Partners LLC boosted its position in shares of NVE by 0.5% in the 4th quarter. Isthmus Partners LLC now owns 43,191 shares of the semiconductor company’s stock valued at $3,517,000 after purchasing an additional 219 shares during the period. Finally, Bridge City Capital LLC grew its stake in NVE by 0.8% during the 4th quarter. Bridge City Capital LLC now owns 36,992 shares of the semiconductor company’s stock worth $3,012,000 after buying an additional 279 shares during the last quarter. 65.95% of the stock is owned by institutional investors and hedge funds.

NVE Stock Performance

NASDAQ NVEC opened at $57.32 on Wednesday. NVE Co. has a one year low of $51.50 and a one year high of $89.98. The firm has a market cap of $277.26 million, a PE ratio of 18.49 and a beta of 1.05. The firm’s fifty day moving average is $64.54 and its two-hundred day moving average is $73.21.

NVE (NASDAQ:NVEC) last announced its quarterly earnings data on Wednesday, January 22nd. The semiconductor company reported $0.63 earnings per share (EPS) for the quarter. NVE had a net margin of 58.33% and a return on equity of 23.21%.

About NVE

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.