Darin G. Billerbeck Sells 3375 Shares of Everspin Technologies, Inc. (NASDAQ:MRAM) Stock – MarketBeat

Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Everspin Technologies, Inc. (NASDAQ:MRAM – Get Rating) Director Darin G. Billerbeck sold 3,375 shares of the business’s stock in a transaction on Saturday, October 1st. The shares were sold at an average price of $6.18, for a total value of $20,857.50. Following the completion of the sale, the director now directly owns 104,642 shares in the company, valued at approximately $646,687.56. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Everspin Technologies Trading Up 3.5 %

MRAM stock traded up $0.21 during trading on Tuesday, hitting $6.26. The company had a trading volume of 61,088 shares, compared to its average volume of 175,337. The company has a fifty day moving average price of $6.78 and a two-hundred day moving average price of $6.55. The company has a market cap of $126.22 million, a P/E ratio of 15.65 and a beta of 1.27. Everspin Technologies, Inc. has a fifty-two week low of $4.71 and a fifty-two week high of $14.36.
Everspin Technologies (NASDAQ:MRAM – Get Rating) last announced its quarterly earnings results on Thursday, August 11th. The business services provider reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.11. The business had revenue of $14.71 million for the quarter. Everspin Technologies had a return on equity of 31.11% and a net margin of 13.14%.

Institutional Trading of Everspin Technologies

Several institutional investors have recently bought and sold shares of MRAM. Renaissance Technologies LLC boosted its stake in Everspin Technologies by 16.1% in the fourth quarter. Renaissance Technologies LLC now owns 263,506 shares of the business services provider’s stock worth $2,978,000 after purchasing an additional 36,600 shares in the last quarter. PDT Partners LLC boosted its stake in Everspin Technologies by 34.8% in the fourth quarter. PDT Partners LLC now owns 19,000 shares of the business services provider’s stock worth $215,000 after purchasing an additional 4,902 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its stake in Everspin Technologies by 764.5% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 798,842 shares of the business services provider’s stock worth $9,027,000 after purchasing an additional 706,433 shares in the last quarter. Artemis Wealth Advisors LLC acquired a new position in Everspin Technologies in the first quarter worth $96,000. Finally, Navellier & Associates Inc. acquired a new position in Everspin Technologies in the first quarter worth $159,000. Institutional investors and hedge funds own 42.15% of the company’s stock.

Everspin Technologies Company Profile

(Get Rating)
Everspin Technologies, Inc manufactures and sells magnetoresistive random access memory (MRAM) products in the United States, Hong Kong, Japan, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for embedded MRAM.

Read More

• Get a free copy of the StockNews.com research report on Everspin Technologies (MRAM)
• The Anatomy of a Great Pension Plan
• 3 Safe Earnings Plays for a Risk-Off Market
• Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
• Small-Cap Catalyst Pharma Is Among Market’s Best Price Performers
• 3 Stocks Growing Their Businesses for 2023

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Everspin Technologies, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Everspin Technologies wasn’t on the list.
While Everspin Technologies currently has a “Strong Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Kirk McDonald shares three stocks from different industries with different market caps and explains why each is a holding in his portfolio.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

source