{
  "id": 3850510,
  "title": "NVE Corp director Daniel Baker sells $623k in shares",
  "url": "https://urgent.news/2026/08/28/nve-corp-director-daniel-baker-sells-623k-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T00:01:03.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/nve-corp-director-daniel-baker-sells-623k-in-shares-93CH-4880366"
  },
  "original_language": "en",
  "account": "Dan Baker, a director at NVE Corp (NVEC), sold $623,217 worth of common stock in two transactions on August 25 and August 27, 2026. He disposed of 1,731 shares at $107 per share on August 25 and an additional 2,000 shares at $109 and $110 per share on August 27. As a result, Baker now owns 39,072 shares of NVE Corp common stock. The company's shares have seen a 70% return over the past year, trading at $107.08, but may be overvalued according to InvestingPro analysis. NVE Corporation reported a 81% increase in revenue and a significant boost in earnings for the quarter ending June 30, 2026, indicating strong financial growth.",
  "summary": null,
  "key_points": [
    "NVE Corp director Daniel Baker sold $623,217 worth of shares",
    "Baker disposed of 1,731 shares at $107 each on August 25",
    "Additional 2,000 shares sold at $109 and $110 on August 27"
  ],
  "editors_take": "The sale of a significant amount of shares by a director suggests a possible change in insider confidence in NVE Corp's stock value, despite the company's strong financial growth.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}