NVE (NVEC) to Release Quarterly Earnings on Wednesday

NVE (NASDAQ:NVEC) will announce its earnings results after the market closes on Wednesday, October 23rd. Investors that are interested in participating in the company’s conference call can do so using this link.

NVE Trading Down 1.6 %

NVEC opened at $79.74 on Monday. The stock has a market cap of $385.14 million, a PE ratio of 22.85 and a beta of 1.14. NVE has a 1 year low of $64.14 and a 1 year high of $90.24. The stock’s 50 day simple moving average is $79.29 and its 200-day simple moving average is $78.67.

Insider Activity

In other news, Director Terrence Glarner sold 344 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $78.71, for a total transaction of $27,076.24. Following the sale, the director now directly owns 1,200 shares in the company, valued at approximately $94,452. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.90% of the stock is currently owned by company insiders.

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.