1 day Ago By ABMN Staff
ExodusPoint Capital Management LP acquired a new position in NVE Co. ( NASDAQ:NVEC – Free Report ) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 3,491 shares of the semiconductor company’s stock, valued at approximately $284,000.
A number of other large investors have also recently made changes to their positions in the stock. Isthmus Partners LLC lifted its stake in shares of NVE by 0.5% during the 4th quarter.
Isthmus Partners LLC now owns 43,191 shares of the semiconductor company’s stock valued at $3,517,000 after buying an additional 219 shares in the last quarter. Bridge City Capital LLC raised its holdings in NVE by 0.8% during the fourth quarter.
Bridge City Capital LLC now owns 36,992 shares of the semiconductor company’s stock valued at $3,012,000 after acquiring an additional 279 shares during the period. Cardinal Capital Management lifted its position in shares of NVE by 4.5% in the fourth quarter.
Cardinal Capital Management now owns 13,860 shares of the semiconductor company’s stock valued at $1,129,000 after acquiring an additional 602 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of NVE by 7.
2% in the fourth quarter. American Century Companies Inc. now owns 11,137 shares of the semiconductor company’s stock worth $907,000 after acquiring an additional 744 shares during the period.
Finally, Wilmington Savings Fund Society FSB purchased a new position in NVE in the 3rd quarter worth approximately $67,000. 65.95% of the stock is owned by hedge funds and other institutional investors.
NVE Stock Performance NVEC stock opened at $56.99 on Monday. The company has a market capitalization of $275.
66 million, a PE ratio of 18.38 and a beta of 1.05.
The company’s fifty day moving average price is $66.57 and its 200-day moving average price is $74.21.
NVE Co. has a one year low of $51.50 and a one year high of $89.
98. NVE Announces Dividend The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 3rd were given a dividend of $1.
00 per share. The ex-dividend date was Monday, February 3rd. This represents a $4.
00 dividend on an annualized basis and a dividend yield of 7.02%. NVE’s dividend payout ratio is currently 129.
03%. 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.
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