SCHEDULE: Royce & Associates Boosts NVE Corp. Stake to 7.23%

Royce & Associates LP has reported an increased beneficial ownership of 7.23% in NVE Corporation's common stock, holding 349,506 shares as of September 30, 2025.

Summary

• Royce & Associates LP, an investment adviser, reported beneficial ownership of 349,506 shares of NVE Corporation's Common Stock.
• This ownership represents 7.23% of NVE Corporation's outstanding common stock.
• Royce & Associates LP holds sole voting power and sole dispositive power over all 349,506 shares.
• The filing is an Amendment No. 7 to a Schedule 13G, indicating a change from previous filings.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of NVE Corporation.

Sentiment

Score: 7

Explanation: The filing indicates a significant beneficial ownership stake by a reputable investment adviser, Royce & Associates LP, which can be viewed as a vote of confidence in NVE Corporation. This is generally a positive signal for existing and potential investors.

Positives

• Increased institutional ownership by a reputable investment adviser like Royce & Associates LP can signal confidence in NVE Corporation's long-term prospects.
• The reporting person explicitly states that the acquisition is for ordinary course of business and not for control, which may reduce concerns about potential activist pressure or hostile takeover attempts.

Future Outlook

This filing does not contain any forward-looking statements or guidance from NVE Corporation or the reporting person regarding NVE's future performance or strategic direction.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect." Daniel A. O'Byrne, Vice President, Royce & Associates LP.

Industry Context

The filing reflects a routine disclosure of significant beneficial ownership by an institutional investor, a common occurrence in the public markets. Such disclosures provide transparency into the ownership structure of publicly traded companies and can influence market perception of a company's stability and investment appeal.

Stakeholder Impact

• Shareholders: May view the increased institutional ownership as a positive indicator of confidence in the company, potentially leading to increased investor interest.
• Management: The explicit statement that the stake is not for control purposes provides clarity and potentially reduces concerns about activist investor pressure.

Key Dates

Keywords

NVE Corporation, Royce & Associates LP, Common Stock, Beneficial Ownership, Institutional Investor, SEC Filing, Investment Adviser, Equity Stake