Royce reports 229,297 shares (4.74%) of NVE
Royce & Associates reports beneficial ownership of 229,297 shares of NVE Corporation, representing 4.74% of the class.
Rhea-AI Filing Summary
Royce & Associates reports beneficial ownership of 229,297 shares of NVE Corporation, representing 4.74% of the class. The filing states these shares are held "in the ordinary course of business" and that Royce has sole voting and sole dispositive power over the reported shares. The filing is signed by Daniel A. O'Byrne on 04/27/2026.
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Insights
Royce reports a sub-5% passive stake in NVE with sole voting and dispositive authority.
Royce & Associates files a Schedule 13G/A showing beneficial ownership of 229,297 shares (4.74%) and asserts the position is held "in the ordinary course of business." The filing attributes sole voting and sole dispositive power to Royce for these shares.
Because the position is under the 5% threshold and described as passive, the filing is routine; subsequent Form 13 filings would be required only if ownership or intent changes.
Filing emphasizes separation of advisory roles and disclaimers regarding attribution within the Franklin Resources group.
The exhibit explains that Royce & Associates, LP (RALP) reports separately from Franklin Resources, Inc. affiliates and disclaims pecuniary interest. It notes internal informational barriers and reliance on SEC staff guidance for reporting related-entity holdings.
These disclosures clarify reporting responsibility and attribution; they do not, by themselves, alter corporate control or operational governance of NVE.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficial ownership financial
sole dispositive power financial
ordinary course of business regulatory
FAQ
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What stake does Royce & Associates hold in NVE (NVEC)?
When was the Schedule 13G/A for NVEC signed and who signed it?
AI-generated analysis. How Rhea-AI works. Not financial advice.