Key Points
- CFO William Earl Cooper sold 6,807 shares of Everspin Tech (MRAM) on Jan. 7 at an average $12.06 for $82,092, reducing his stake by 6.81% to 93,193 shares (valued about $1.12M); the sale was disclosed in an SEC filing.
- MRAM shares trade around $11.85 with a market cap of ~$271M, negative trailing P/E, a 50-day/200-day SMA of $9.10/$8.18, and a 12-month range of $4.34–$13.00, showing recent upward momentum but continued volatility.
- Everspin slightly beat Q3 EPS expectations ($0.06 vs. $0.05) and set Q4 2025 guidance of $0.080–$0.130 EPS, while analyst coverage is mixed and the consensus rating is "Hold" with an average target of $10.50.
Everspin Tech (NASDAQ:MRAM - Get Free Report) CFO William Earl Cooper sold 6,807 shares of Everspin Tech stock in a transaction that occurred on Wednesday, January 7th. The stock was sold at an average price of $12.06, for a total transaction of $82,092.42. Following the completion of the transaction, the chief financial officer owned 93,193 shares of the company's stock, valued at $1,123,907.58. This represents a 6.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Everspin Tech Trading Down 1.1%
Shares of MRAM opened at $11.85 on Friday. The firm has a market capitalization of $270.89 million, a price-to-earnings ratio of -395.00 and a beta of 0.80. The firm's fifty day simple moving average is $9.10 and its 200-day simple moving average is $8.18. Everspin Tech has a twelve month low of $4.34 and a twelve month high of $13.00.
Everspin Tech (NASDAQ:MRAM - Get Free Report) last announced its earnings results on Wednesday, November 5th. The business services provider reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.01. The business had revenue of $14.06 million for the quarter, compared to analysts' expectations of $14.00 million. Everspin Tech had a negative net margin of 1.06% and a negative return on equity of 0.89%. Everspin Tech has set its Q4 2025 guidance at 0.080-0.130 EPS.
Wall Street Analysts Forecast Growth
MRAM has been the subject of a number of research reports. Needham & Company LLC boosted their target price on Everspin Tech from $8.00 to $10.50 and gave the stock a "buy" rating in a report on Monday, November 10th. Weiss Ratings restated a "sell (d+)" rating on shares of Everspin Tech in a research note on Monday, December 29th. Finally, Wall Street Zen raised Everspin Tech from a "hold" rating to a "buy" rating in a research report on Saturday, October 11th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Everspin Tech currently has a consensus rating of "Hold" and an average target price of $10.50.
Get Our Latest Report on MRAM
Hedge Funds Weigh In On Everspin Tech
Several hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in shares of Everspin Tech in the 2nd quarter worth approximately $25,000. Silverberg Bernstein Capital Management LLC acquired a new position in shares of Everspin Tech in the 2nd quarter valued at about $68,000. Occudo Quantitative Strategies LP purchased a new stake in Everspin Tech in the 2nd quarter worth approximately $70,000. Gordian Capital Singapore Pte Ltd purchased a new stake in shares of Everspin Tech during the third quarter worth $82,000. Finally, Algert Global LLC acquired a new stake in shares of Everspin Tech during the 3rd quarter valued at about $102,000. 44.68% of the stock is currently owned by institutional investors and hedge funds.
About Everspin Tech
(
Get Free Report)
Everspin Technologies, Inc (NASDAQ: MRAM) is a semiconductor company specializing in the design, development and marketing of magnetoresistive random access memory (MRAM) solutions. Established in 2008 as a spin-out from Freescale Semiconductor, the company pioneered commercial MRAM products and continues to advance the technology through successive generations, including Toggle MRAM and spin-transfer torque (STT) MRAM. Everspin's non-volatile memory devices offer a unique combination of performance, endurance and data retention for a variety of applications.
The company's product portfolio includes discrete MRAM chips, embedded MRAM IP for integration into system-on-chip (SoC) designs and companion devices that leverage MRAM's fast write speeds and low power consumption.
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