Royce & Associates LP Reports 4.74% Stake in NVE Corporation (NVEC) via Amendment No. 9

Royce & Associates LP has filed a Schedule 13G/A (Amendment No. 9) reporting a 4.74% stake in NVE Corporation (NVEC). As of the event date on March 31, 2026, the filer beneficially owns 229,297 shares of common stock, representing a significant position in the company. The filing indicates that Royce & Associates LP, an investment adviser and indirect majority-owned subsidiary of Franklin Resources, Inc. (FRI), maintains sole voting and dispositive power over these shares. The document clarifies that Royce & Associates LP exercises its investment discretion independently from FRI and other affiliates, maintaining information barriers to ensure autonomous operations. Consequently, the beneficial ownership reported here is not attributed to FRI's principal shareholders, Charles B. Johnson and Rupert H. Johnson, Jr. The filing confirms that these securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of NVE Corporation. This amendment reflects an increase from a previously reported zero-share position in the provided metadata.