Which Way Are Insiders Leaning With NVE Corporation (NASDAQ:NVEC)?

Corporate insiders at NVE Corporation (NASDAQ:NVEC) have decreased their position in the stock by -50.81% over the past 6 months. Insiders now own 0.10% of total outstanding shares.

NVE Corporation (NASDAQ:NVEC) stands -3.81% away from its 50-day simple moving average and also 7.38% away from the 200-day average.  Recently, the equity stands -12.84% away from the 52-week high and 46.67% from the 52-week low.  The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 41.03.

The consensus analysts recommendation at this point stands at 2.00 for NVE Corporation.  This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. Further, analysts have a 12 month target price of $79.00 on company shares.  This is according to the analysts polled by Thomson Reuters which have recently published research reports on the firm. 

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