Everspin Technologies, Inc. (NASDAQ:MRAM - Get Free Report) CFO Anuj Aggarwal sold 12,852 shares of Everspin Technologies stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $7.84, for a total transaction of $100,759.68. Following the transaction, the chief financial officer now directly owns 289,924 shares in the company, valued at approximately $2,273,004.16. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Anuj Aggarwal also recently made the following trade(s):
- On Tuesday, March 12th, Anuj Aggarwal sold 48 shares of Everspin Technologies stock. The stock was sold at an average price of $8.33, for a total value of $399.84.
- On Wednesday, March 6th, Anuj Aggarwal sold 20,000 shares of Everspin Technologies stock. The shares were sold at an average price of $8.21, for a total value of $164,200.00.
Everspin Technologies Stock Down 1.6 %
NASDAQ MRAM opened at $7.77 on Friday. Everspin Technologies, Inc. has a 12-month low of $6.20 and a 12-month high of $10.50. The firm's 50 day moving average is $8.40 and its 200-day moving average is $8.91. The company has a market capitalization of $164.96 million, a PE ratio of 18.50 and a beta of 0.99.
Everspin Technologies (NASDAQ:MRAM - Get Free Report) last issued its quarterly earnings results on Wednesday, February 28th. The business services provider reported $0.09 EPS for the quarter, topping the consensus estimate of $0.04 by $0.05. The firm had revenue of $16.71 million for the quarter. Everspin Technologies had a net margin of 14.20% and a return on equity of 18.96%.
Institutional Inflows and Outflows
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Hedge funds have recently bought and sold shares of the stock. Quarry LP acquired a new position in shares of Everspin Technologies during the 4th quarter worth about $25,000. Principal Securities Inc. bought a new stake in shares of Everspin Technologies during the fourth quarter worth approximately $32,000. JPMorgan Chase & Co. grew its position in shares of Everspin Technologies by 32,978.6% in the fourth quarter. JPMorgan Chase & Co. now owns 4,631 shares of the business services provider's stock valued at $26,000 after purchasing an additional 4,617 shares during the last quarter. AJOVista LLC bought a new position in shares of Everspin Technologies during the fourth quarter worth approximately $43,000. Finally, Qube Research & Technologies Ltd bought a new stake in Everspin Technologies in the 3rd quarter valued at $79,000. 44.68% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, Needham & Company LLC reaffirmed a "buy" rating and set a $12.00 price objective on shares of Everspin Technologies in a research report on Thursday, February 29th.
Read Our Latest Research Report on MRAM
Everspin Technologies Company Profile
(
Get Free Report)
Everspin Technologies, Inc engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products.
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