Michael Gustafson Biography and Net Worth

Director of EVERSPIN TECH

Mike Gustafson has served as a member of our Board of Directors since March 2017. Mike Gustafson was Senior Vice President of the Enterprise Flash Unit of WD/HGST and prior to that was Chairman and CEO of Virident Systems (an enterprise flash storage software and solutions company acquired by Western Digital Corporation in October 2013 for $685 million). Gustafson was also President & CEO of BlueArc, a network attached storage company (acquired by Hitachi Data Systems), and before that an executive with McData and IBM.

What is Michael B. Gustafson's net worth?: The estimated net worth of Michael B. Gustafson is at least $202.70 thousand as of May 13th, 2025. Mr. Gustafson owns 30,074 shares of EVERSPIN TECH stock worth more than $202,699 as of July 12th. This net worth approximation does not reflect any other assets that Mr. Gustafson may own. Learn More about Michael B. Gustafson's net worth.
How do I contact Michael B. Gustafson?: The corporate mailing address for Mr. Gustafson and other EVERSPIN TECH executives is 5670 W. CHANDLER BOULEVARD SUITE 100, CHANDLER AZ, 85226. EVERSPIN TECH can also be reached via phone at (480) 347-1111 and via email at [email protected]. Learn More on Michael B. Gustafson's contact information.
Has Michael B. Gustafson been buying or selling shares of EVERSPIN TECH?: Michael B. Gustafson has not been actively trading shares of EVERSPIN TECH in the last ninety days. Most recently, Michael B. Gustafson sold 28,227 shares of the business's stock in a transaction on Thursday, August 18th. The shares were sold at an average price of $7.51, for a transaction totalling $211,984.77. Following the completion of the sale, the director now directly owns 36,748 shares of the company's stock, valued at $275,977.48. Learn More on Michael B. Gustafson's trading history.
Who are EVERSPIN TECH's active insiders?: EVERSPIN TECH's insider roster includes Sanjeev Aggarwal (VP), Darin Billerbeck (CEO), Michael Gustafson (Director), Aparna Oka (Insider), and Stephen Socolof (Insider). Learn More on EVERSPIN TECH's active insiders.
Are insiders buying or selling shares of EVERSPIN TECH?: In the last year, insiders at the business services provider sold shares 14 times. They sold a total of 138,324 shares worth more than $788,799.58. The most recent insider tranaction occured on July, 3rd when CEO Sanjeev Aggarwal sold 12,677 shares worth more than $86,457.14. Insiders at EVERSPIN TECH own 6.9% of the company. Learn More about insider trades at EVERSPIN TECH.
Information on this page was last updated on 7/3/2025.

Michael B. Gustafson Insider Trading History at EVERSPIN TECH

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
8/18/2022	Sell	28,227	$7.51	$211,984.77	36,748
11/17/2021	Sell	14,286	$12.70	$181,432.20
2/12/2018	Buy	14,286	$7.00	$100,002.00	14,286

Michael B. Gustafson Buying and Selling Activity at EVERSPIN TECH

EVERSPIN TECH Company Overview

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. The company provides its products for applications, including industrial, medical, automotive/transportation, aerospace, and data center markets. It serves original equipment manufacturers, contract manufacturers, and original design manufacturers through a direct sales channel, and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.

Today's Range

Now: $6.74

$6.64

$6.83

50 Day Range

MA: $6.13

$5.52

$6.99

2 Week Range

Now: $6.74

$4.34

$7.02

Volume

68,609 shs

Average Volume

113,807 shs

Market Capitalization

$151.45 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.2