<SEC-DOCUMENT>0001085146-18-000135.txt : 20180117
<SEC-HEADER>0001085146-18-000135.hdr.sgml : 20180117
<ACCEPTANCE-DATETIME>20180117064431
ACCESSION NUMBER:		0001085146-18-000135
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20180117
DATE AS OF CHANGE:		20180117

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NVE CORP /NEW/
		CENTRAL INDEX KEY:			0000724910
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				411424202
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-59937
		FILM NUMBER:		18529734

	BUSINESS ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344
		BUSINESS PHONE:		9528299217

	MAIL ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PREMIS CORP
		DATE OF NAME CHANGE:	19920703

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Conestoga Capital Advisors, LLC
		CENTRAL INDEX KEY:			0001163744
		IRS NUMBER:				233072906
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		550 E. SWEDESFORD ROAD
		STREET 2:		SUITE 120
		CITY:			WAYNE
		STATE:			PA
		ZIP:			19087
		BUSINESS PHONE:		484-654-1380

	MAIL ADDRESS:	
		STREET 1:		550 E. SWEDESFORD ROAD
		STREET 2:		SUITE 120
		CITY:			WAYNE
		STATE:			PA
		ZIP:			19087

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CONESTOGA CAPITAL ADVISORS LLC
		DATE OF NAME CHANGE:	20011217
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>nveca7_123117.htm
<DESCRIPTION>CONESTOGA CAPITAL ADVISORS
<TEXT>

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    <title>nveca7_123117.htm</title>
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    <div style="font-family: Georgia,'Times New Roman',Times,serif; font-size: 10pt; width: 8.2in;">
        <div>
            <div style="text-align: center; font-size: 12pt; font-weight: bold;">
                <div style="margin: auto;">UNITED STATES</div>
                <div style="margin: auto;">SECURITIES AND EXCHANGE COMMISSION</div>
                <div style="font-size: 11pt;">Washington, D.C. 20549</div>
                <div style="padding: 1em 0;">SCHEDULE 13G</div>
                <div style="padding: 1em 0; font-size: 11pt;">
                    <div>Under the Securities Exchange Act of 1934</div>

                    <div>(Amendment No. 7)*</div>

                </div>
                <div style="padding: 1em 0;">
                    <div style="text-decoration: underline;">NVE Corporation</div>
                    <div style="font-weight: normal; font-size: 11pt;">(Name of Issuer)</div>
                </div>
                <div style="padding: 1em 0;">
                    <div style="text-decoration: underline;">Common Stock, $0.01 Par Value</div>
                    <div style="font-weight: normal; font-size: 11pt;">(Title of Class of Securities)</div>
                </div>
                <div style="padding: 1em 0;">
                    <div style="text-decoration: underline;">629445206</div>
                    <div style="font-weight: normal; font-size: 11pt;">(CUSIP Number)</div>
                </div>
                <div style="padding: 1em 0;">
                    <div style="text-decoration: underline;">December 31, 2017</div>
                    <div style="font-weight: normal; font-size: 11pt;">(Date of Event which Requires Filing of this Statement)</div>
                </div>
            </div>
            <div style="padding: 1em 0;">
                Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
            </div>
            <div style="padding: 1em 0; text-align: center;">
                <div style="display: inline-block; text-align: left; margin: 0 auto;">
                    <div>[X] Rule 13d-1(b)</div>
                    <div>[&nbsp;&nbsp;&nbsp;] Rule 13d-1(c)</div>
                    <div>[&nbsp;&nbsp;&nbsp;] Rule 13d-1(d)</div>
                </div>
            </div>
            <div style="padding: 1em 0;">
                * The remainder of this cover page shall be filled out for a reporting person's initial filing on
				this form with respect to the subject class of securities, and for any subsequent amendment
				containing information which would alter the disclosures provided in a prior cover page.
            </div>
            <div style="padding: 1em 0;">
                The information required in the remainder of this cover page shall not be deemed to be "filed"
				for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject
				to the liabilities of that section of the Act but shall be subject	to all other provisions of the
				Act (however, see Instructions).
            </div>
        </div>

                <div style="page-break-before: always; margin-top: 4em;">
                    <div style="font-weight: bold; border: solid 1px black; margin: 1ex 0; padding: 1ex 2em; width: 14em;">CUSIP No.: 629445206</div>
                    <table border="0" cellpadding="5" style="font-size: 10pt; width: 100%; border-collapse: collapse;">
                        <tr>
                            <td style="line-height: 1px; width: 5%;">&nbsp;</td>
                            <td style="line-height: 1px; width: 10%;">&nbsp;</td>
                            <td style="line-height: 1px; width: 5%;">&nbsp;</td>
                            <td style="line-height: 1px; width: 80%;">&nbsp;</td>
                        </tr>
                        <tr>
                            <td style="border: solid 1px; text-align: center; vertical-align: top;">1</td>
                            <td colspan="3" style="border: solid 1px;">
                                <div style="margin-bottom: 1em;">
                                    <div style="font-weight: bold;">NAME OF REPORTING PERSON</div>
                                    <div>Conestoga Capital Advisors LLC</div>
                                </div>
                                <div>
                                    <div style="font-weight: bold;">I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)</div>
                                    <div>23-3072906</div>
                                </div>
                            </td>
                        </tr>
                        <tr>
                            <td style="border: solid 1px; text-align: center; vertical-align: top;">2</td>
                            <td colspan="3" style="border: solid 1px;">
                                <div style="font-weight: bold;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>
                                <div>(a)  [&nbsp;&nbsp;&nbsp;]</div>
                                <div>(b)  [&nbsp;&nbsp;&nbsp;]</div>
                            </td>
                        </tr>
                        <tr>
                            <td style="border: solid 1px; text-align: center; vertical-align: top;">3</td>
                            <td colspan="3" style="font-weight: bold;">SEC USE ONLY</td>
                        </tr>
                        <tr>
                            <td style="border: solid 1px; text-align: center; vertical-align: top;">4</td>
                            <td colspan="3" style="border: solid 1px black;">
                                <div style="font-weight: bold;">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
                                <div>Delaware</div>
                            </td>
                        </tr>
                        <tr>
                            <td rowspan="4" colspan="2" style="width: 10%; text-align: center; border: solid 1px; font-weight: bold;">NUMBER OF SHARES BENEFICIALLY OWNED	BY EACH REPORTING PERSON WITH</td>
                            <td style="text-align: center; border: solid 1px; vertical-align: top;">5</td>
                            <td style="border: solid 1px black;">
                                <div style="font-weight: bold;">SOLE VOTING POWER</div>
                                <div>326,784</div>
                            </td>
                        </tr>
                        <tr style="border: solid 1px black;">
                            <td style="text-align: center; border: solid 1px; vertical-align: top;">6</td>
                            <td style="border: solid 1px black;">
                                <div style="font-weight: bold;">SHARED VOTING POWER</div>
                                <div>0</div>
                            </td>
                        </tr>
                        <tr style="border: solid 1px black;">
                            <td style="text-align: center; border: solid 1px; vertical-align: top;">7</td>
                            <td style="border: solid 1px black;">
                                <div style="font-weight: bold;">SOLE DISPOSITIVE POWER</div>
                                <div>363,609</div>
                            </td>
                        </tr>
                        <tr>
                            <td style="text-align: center; border: solid 1px; vertical-align: top;">8</td>
                            <td style="border: solid 1px black;">
                                <div style="font-weight: bold;">SHARED DISPOSITIVE POWER</div>
                                <div>0</div>
                            </td>
                        </tr>
                        <tr>
                            <td style="border: solid 1px; text-align: center; vertical-align: top;">9</td>
                            <td colspan="3" style="border: solid 1px black;">
                                <div style="font-weight: bold;">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
                                <div>363,609</div>
                            </td>
                        </tr>
                        <tr>
                            <td style="border: solid 1px; text-align: center; vertical-align: top;">10</td>
                            <td colspan="3" style="border: solid 1px;">
                                <div style="font-weight: bold;">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES</div>
                                [&nbsp;&nbsp;&nbsp;]
                            </td>
                        </tr>
                        <tr>
                            <td style="border: solid 1px; text-align: center; vertical-align: top;">11</td>
                            <td colspan="3" style="border: solid 1px;">
                                <div style="font-weight: bold;">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)</div>
                                <div>7.51%</div>
                            </td>
                        </tr>
                        <tr>
                            <td style="border: solid 1px; text-align: center; vertical-align: top;">12</td>
                            <td colspan="3" style="border: solid 1px;">
                                <div style="font-weight: bold;">TYPE OF REPORTING PERSON</div>
                                <div>IA</div>
                            </td>
                        </tr>
                    </table>
                </div>

        <div style="page-break-before: always; margin-top: 4em;">
            <div style="font-weight: bold; border: solid 1px black; margin: 1ex 0; padding: 1ex 2em; width: 14em;">CUSIP No.: 629445206</div>
            <table cellpadding="5" cellspacing="0" border="0" style="font-size: 10pt; width: 100%; margin: 2em auto; border: 0; border-collapse: collapse;">
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 1(a).</strong></td>
                    <td colspan="2" valign="top">
                        <strong>NAME OF ISSUER:</strong>
                        <div style="padding: 1ex 0;">
                            NVE Corporation
                        </div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 1(b).</strong></td>
                    <td colspan="2" valign="top">
                        <strong>ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:</strong>
                        <div style="padding: 1ex 0;">
                            11409 Valley View Road, Eden Prairie, Minnesota, 55344
                        </div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 2(a).</strong></td>
                    <td colspan="2" valign="top">
                        <strong>NAME OF PERSON FILING:</strong>
                        <div style="padding: 1ex 0;">
                            Conestoga Capital Advisors LLC
                        </div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 2(b).</strong></td>
                    <td colspan="2" valign="top">
                        <strong>ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:</strong>
                        <div style="padding: 1ex 0;">
                            550 E. Swedesford Rd. Suite 120 Wayne, PA 19087
                        </div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 2(c).</strong></td>
                    <td colspan="2" valign="top">
                        <strong>CITIZENSHIP:</strong>
                        <div style="padding: 1ex 0;">
                            Delaware
                        </div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 2(d).</strong></td>
                    <td colspan="2" valign="top">
                        <strong>TITLE OF CLASS OF SECURITIES:</strong>
                        <div style="padding: 1ex 0;">
                            Common Stock, $0.01 Par Value
                        </div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 2(e).</strong></td>
                    <td colspan="2" valign="top">
                        <strong>CUSIP NUMBER:</strong>
                        <div style="padding: 1ex 0;">
                            629445206
                        </div>
                    </td>
                </tr>
                <tr>
                    <td rowspan="13" valign="top" style="white-space: nowrap;"><strong>ITEM 3.</strong></td>
                    <td colspan="2" valign="top">
                        <strong>IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 13d-2(b) or (c)	CHECK WHETHER THE PERSON FILING IS A:</strong>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap; width: 11%;">
                        <div style="width: 30px; display: inline-block;">(a)</div>
                        [ ]</td>
                    <td valign="top">Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78c);</td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;">
                        <div style="width: 30px; display: inline-block;">(b)</div>
                        [ ]</td>
                    <td valign="top">Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);</td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;">
                        <div style="width: 30px; display: inline-block;">(c)</div>
                        [ ]</td>
                    <td valign="top">Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);</td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;">
                        <div style="width: 30px; display: inline-block;">(d)</div>
                        [ ]</td>
                    <td valign="top">Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);</td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;">
                        <div style="width: 30px; display: inline-block;">(e)</div>
                        [X]</td>
                    <td valign="top">An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);</td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;">
                        <div style="width: 30px; display: inline-block;">(f)</div>
                        [ ]</td>
                    <td valign="top">An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F);</td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;">
                        <div style="width: 30px; display: inline-block;">(g)</div>
                        [ ]</td>
                    <td valign="top">A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);</td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;">
                        <div style="width: 30px; display: inline-block;">(h)</div>
                        [ ]</td>
                    <td valign="top">A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);</td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;">
                        <div style="width: 30px; display: inline-block;">(i)</div>
                        [ ]</td>
                    <td valign="top">A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);</td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;">
                        <div style="width: 30px; display: inline-block;">(j)</div>
                        [ ]</td>
                    <td valign="top">A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J);</td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;">
                        <div style="width: 30px; display: inline-block;">(k)</div>
                        [ ]</td>
                    <td valign="top">Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution:
						<div></div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" colspan="2">
						<div style="margin-bottom:1em;"></div>
                    </td>
                </tr>
                <tr>
                    <td rowspan="14" valign="top" style="white-space: nowrap;"><strong>ITEM 4.</strong></td>
                    <td colspan="2" valign="top">
                        <strong>OWNERSHIP</strong>
                    </td>
                </tr>
                <tr>
                    <td colspan="2" valign="top"><strong>(a) Amount beneficially owned:</strong></td>
                </tr>
                <tr>
                    <td colspan="2" valign="top">As of December 31, 2017, the Reporting Person indirectly beneficially owned 363,609 shares 7.51% of the Issuers Common Stock. Such shares of the Issuers Common Stock were directly beneficially owned by the Accounts. </td>
                </tr>
                <tr>
                    <td colspan="2" valign="top"><strong>(b) Percent of class:</strong></td>
                </tr>
                <tr>
                    <td colspan="2" valign="top">As of December 31, 2017, the Reporting Person indirectly beneficially owned 7.51% of the Issuers issued and outstanding Common Stock (based on 4,841,010 shares of the Issuers Common Stock outstanding as of October 13, 2017, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on October 18, 2017). Such shares of the Issuers Common Stock were directly beneficially owned by the Accounts, none of which beneficially owned more than</td>
                </tr>
                <tr>
                    <td colspan="2" valign="top"><strong>(c) Number of shares as to which the person has:</strong></td>
                </tr>
                <tr>
                    <td colspan="2" valign="top" style="padding-left: 28px;">(i) sole power to vote or to direct the vote:</td>
                </tr>
                <tr>
                    <td colspan="2" valign="top" style="padding-left: 28px;">326,784</td>
                </tr>
                <tr>
                    <td colspan="2" valign="top" style="padding-left: 28px;">(ii) shared power to vote or to direct the vote:</td>
                </tr>
                <tr>
                    <td colspan="2" valign="top" style="padding-left: 28px;">None</td>
                </tr>
                <tr>
                    <td colspan="2" valign="top" style="padding-left: 28px;">(iii) sole power to dispose or direct the disposition of:</td>
                </tr>
                <tr>
                    <td colspan="2" valign="top" style="padding-left: 28px;">363,609</td>
                </tr>
                <tr>
                    <td colspan="2" valign="top" style="padding-left: 28px;">(iv) shared power to dispose or to direct the disposition of:</td>
                </tr>
                <tr>
                    <td colspan="2" valign="top" style="padding-left: 28px;">None</td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 5.</strong></td>
                    <td colspan="2" valign="top">
                        <strong>OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:</strong>
                        <div style="padding: 1ex 0;">
                            If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following
						    [ ].
                        </div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 6.</strong></td>
                    <td colspan="2" valign="top">
                        <strong>OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:</strong>
                        <div style="padding: 1ex 0;">

                        </div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 7.</strong></td>
                    <td colspan="2" valign="top">
                        <strong>IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:</strong>
                        <div style="padding: 1ex 0;">

                        </div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 8.</strong></td>
                    <td colspan="2" valign="top">
                        <strong>IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:</strong>
                        <div style="padding: 1ex 0;">

                        </div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 9.</strong></td>
                    <td colspan="2" valign="top">
                        <strong>NOTICE OF DISSOLUTION OF GROUP:</strong>
                        <div style="padding: 1ex 0;">

                        </div>
                    </td>
                </tr>
                <tr>
                    <td valign="top" style="white-space: nowrap;"><strong>ITEM 10.</strong></td>
                    <td colspan="2" valign="top">
                        <strong>CERTIFICATION:</strong>
                        <div style="padding: 1ex 0;">
                            By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
                        </div>
                    </td>
                </tr>
            </table>
        </div>
        <div style="page-break-before: always; margin-top: 4em;">
            <div style="font-weight: bold; border: solid 1px black; margin: 1ex 0; padding: 1ex 2em; width: 14em;">CUSIP No.: 629445206</div>
            <div style="padding: 1em 0; text-align: center; font-size: 12pt; font-weight: bold;">SIGNATURE</div>
            <div style="padding: 1em 0 2em 0; font-size: 8pt; text-align: center;">After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.</div>

                    <div style="page-break-inside: avoid; padding-bottom: 1em">
                        <table style="width: 100%; border: 0; font-size: 9pt;" border="0" cellpadding="0" cellspacing="0">
                            <tr>
                                <td valign="top" style="width: 30%;">December 31 2017</td>
                                <td valign="top" style="width: 80%;">
                                    <div style="width: 70%; margin-bottom: 1ex;">Conestoga Capital Advisors LLC</div>
                                    <div style="width: 70%; margin-bottom: 1ex;">
                                        <div style="display: inline-block; width: 12%;">By:</div>
                                        <div style="display: inline-block; width: 86%; border-bottom: solid 2px black;">/s/ Duane R. DOrazio</div>
                                    </div>
                                    <div style="width: 70%; margin-bottom: 1ex;">
                                        <div style="display: inline-block; width: 12%;">Name:</div>
                                        <div style="display: inline-block; width: 86%;">Duane R. DOrazio</div>
                                    </div>
                                    <div style="width: 70%; margin-bottom: 1ex;">
                                        <div style="display: inline-block; width: 12%;">Title:</div>
                                        <div style="display: inline-block; width: 86%;">Chief Compliance Officer</div>
                                    </div>
                                </td>
                            </tr>
                        </table>
                    </div>

            <div style="padding-top: 1em; font-size: 9pt;">Attention &mdash; Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).</div>

        </div>

    </div>
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</DOCUMENT>
</SEC-DOCUMENT>
