Everspin Technologies, Inc. (NASDAQ:MRAM) Director Michael B. Gustafson Sells 28,227 Shares – 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 Michael B. Gustafson sold 28,227 shares of the business’s stock in a transaction that occurred on Thursday, August 18th. The stock was sold at an average price of $7.51, for a total value of $211,984.77. Following the sale, the director now directly owns 36,748 shares in the company, valued at approximately $275,977.48. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Everspin Technologies Stock Performance
MRAM stock traded down $0.39 on Friday, reaching $7.45. The company had a trading volume of 234,298 shares, compared to its average volume of 192,794. Everspin Technologies, Inc. has a 1 year low of $4.71 and a 1 year high of $14.36. The company’s fifty day moving average is $5.83 and its 200 day moving average is $7.27. The company has a market cap of $150.21 million, a P/E ratio of 18.63 and a beta of 1.31.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Everspin Technologies from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 20th.
Institutional Investors Weigh In On Everspin Technologies
A number of institutional investors and hedge funds have recently bought and sold shares of MRAM. AIGH Capital Management LLC purchased a new stake in Everspin Technologies in the 4th quarter valued at approximately $17,572,000. Acadian Asset Management LLC acquired a new position in Everspin Technologies in the 4th quarter valued at $2,407,000. Covestor Ltd acquired a new position in Everspin Technologies in the 4th quarter valued at $44,000. EAM Global Investors LLC acquired a new position in Everspin Technologies in the 4th quarter valued at $1,979,000. Finally, Renaissance Technologies LLC raised its holdings in Everspin Technologies by 16.1% in the 4th quarter. Renaissance Technologies LLC now owns 263,506 shares of the business services provider’s stock valued at $2,978,000 after acquiring an additional 36,600 shares during the last quarter. Hedge funds and other institutional investors own 54.57% of the company’s stock.
About Everspin Technologies
(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.
Featured Stories
- Get a free copy of the StockNews.com research report on Everspin Technologies (MRAM)
- Near-Term Headwinds Present An Opportunity In Ross Stores
- Apple’s Stock Could Be On The Verge Of Another 30% Rally
- Institutional Support For TJX Companies May Cap Gains
- If You Hate Speed Cameras, Then You’ll Like Verra Mobility Stock
- Is Sanofi A Buy, Despite Recent Stumbles?
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:
David McNatt discusses ESG investing and offers ways to avoid pitfalls and to understand exactly what kinds of companies you are buying.
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 subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
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.