Director James W. Bracke bought 100 shares of NVEC at $57.97; stock down 35.3% from 52-week high, revenue declining -22.1% YoY.
Director James W. Bracke purchased 100 shares of NVE CORP /NEW/ at $57.97 on 2025-04-04, increasing his holdings from 500 to 600 shares (a +20.0% increase in his position). The purchase occurs as the stock trades at $57.77, which is 35.3% below its 52-week high of $89.30 and has declined 32.8% over the past 90 days. Against this backdrop, the company's fundamentals show material headwinds: annual revenue growth stands at -22.1% year-over-year, with latest quarterly revenue of $5.1M, though current profitability remains positive at $3.0M net income. This insider acquisition occurs in a context of significant price depreciation and revenue contraction, which may warrant review of the company's operational trajectory before interpreting the significance of this modest transaction.