NVE Corp., based in Eden Prairie, Minnesota, specializes in spintronics technology, producing sensors, couplers, and MRAM products primarily for industrial, scientific, and medical sectors. The company, which employs 51 full-time staff, develops devices that use electron spin for data storage and transmission, enhancing the capabilities of industrial Internet of things.
Terrence Glarner sold 344 shares of NVEC on 15 August at $78.71 per share, worth a total of $27K. They now own 1,200 NVEC shares, or a 22% holding decrease.
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