Key Points
- CEO Sanjeev Aggarwal sold 19,440 shares of Everspin on April 1 at an average price of $9.20, a transaction totaling $178,848 that reduced his stake by 2.24% to 847,881 shares (worth about $7.8M).
- Everspin reported Q4 EPS of $0.11 (vs. $0.10 consensus) and revenue of $14.8M (vs. $14.45M) but still shows a negative net margin (-1.06%) and negative ROE, while guiding Q1 2026 EPS to $0.070–$0.120.
- The stock opened at $9.48 (12‑month range $4.34–$17.24) with a market cap of ~$219M; analysts are mixed with a consensus "Hold" and an average target of $14.00, and institutional investors own about 44.7% of the shares.
Everspin Tech (NASDAQ:MRAM - Get Free Report) CFO William Earl Cooper sold 1,549 shares of the business's stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $9.20, for a total value of $14,250.80. Following the completion of the transaction, the chief financial officer owned 172,030 shares in the company, valued at $1,582,676. This trade represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
William Earl Cooper also recently made the following trade(s):
- On Wednesday, January 7th, William Earl Cooper sold 6,807 shares of Everspin Tech stock. The stock was sold at an average price of $12.06, for a total value of $82,092.42.
Everspin Tech Stock Performance
MRAM stock opened at $9.48 on Friday. The stock has a market capitalization of $219.18 million, a PE ratio of -316.00 and a beta of 0.94. The company has a fifty day moving average of $10.52 and a 200-day moving average of $10.06. Everspin Tech has a one year low of $4.34 and a one year high of $17.24.
Everspin Tech (NASDAQ:MRAM - Get Free Report) last issued its quarterly earnings results on Wednesday, March 4th. The business services provider reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The business had revenue of $14.80 million for the quarter, compared to analyst estimates of $14.45 million. Everspin Tech had a negative net margin of 1.06% and a negative return on equity of 0.90%. Everspin Tech has set its Q1 2026 guidance at 0.070-0.120 EPS.
Analysts Set New Price Targets
MRAM has been the subject of a number of analyst reports. Wall Street Zen downgraded Everspin Tech from a "buy" rating to a "hold" rating in a research note on Saturday, February 7th. Needham & Company LLC decreased their price target on Everspin Tech from $15.00 to $14.00 and set a "buy" rating on the stock in a research note on Thursday, March 5th. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of Everspin Tech in a research report on Friday, March 27th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $14.00.
View Our Latest Report on Everspin Tech
Institutional Investors Weigh In On Everspin Tech
A number of large investors have recently bought and sold shares of the stock. Rhumbline Advisers increased its position in Everspin Tech by 55.1% during the first quarter. Rhumbline Advisers now owns 36,835 shares of the business services provider's stock worth $188,000 after buying an additional 13,086 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Everspin Tech in the second quarter valued at $164,000. Marshall Wace LLP purchased a new stake in shares of Everspin Tech in the second quarter valued at $716,000. Jump Financial LLC acquired a new stake in shares of Everspin Tech during the second quarter valued at $159,000. Finally, Qube Research & Technologies Ltd boosted its stake in shares of Everspin Tech by 41.4% during the second quarter. Qube Research & Technologies Ltd now owns 103,300 shares of the business services provider's stock valued at $650,000 after acquiring an additional 30,244 shares during the last quarter. Institutional investors and hedge funds own 44.68% of the company's stock.
Everspin Tech Company Profile
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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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