Everspin Technologies Inc’s recent filing unveils that its PRESIDENT AND CEO Aggarwal Sanjeev unloaded Company’s shares for reported $0.18 million on Jan 03 ’25. In the deal valued at $6.29 per share,28,058 shares were sold. As a result of this transaction, Aggarwal Sanjeev now holds 412,157 shares worth roughly $2.6 million.
Then, Tenorio Matthew sold 1,695 shares, generating $10,662 in total proceeds. Upon selling the shares at $6.29, the Interim CFO now owns 14,228 shares.
Before that, Schrenk David sold 2,381 shares. Everspin Technologies Inc shares valued at $14,834 were divested by the VP SALES & BUS. DEVELOPMENT at a price of $6.23 per share. As a result of the transaction, Schrenk David now holds 91,647 shares, worth roughly $0.58 million.
Canaccord Genuity reiterated its Everspin Technologies Inc [MRAM] rating to a Buy in a research note published on November 17, 2017; the price target was $15. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in mid November has reiterated a ‘”a Strong buy”‘ rating for it. Stifel also remained covering MRAM and reiterated its “Buy” recommendation on June 05, 2017.
Price Performance Review of MRAM
On Friday, Everspin Technologies Inc [NASDAQ:MRAM] saw its stock jump 0.32% to $6.32. Over the last five days, the stock has gained 2.10%. Everspin Technologies Inc shares have fallen nearly -1.10% since the year began. Nevertheless, the stocks have fallen -25.47% over the past one year. While a 52-week high of $9.39 was reached on 01/07/25, a 52-week low of $4.89 was recorded on 01/13/25. SMA at 50 days reached $6.25, while 200 days put it at $6.20.
Levels Of Support And Resistance For MRAM Stock
The 24-hour chart illustrates a support level at 6.28, which if violated will result in even more drops to 6.24. On the upside, there is a resistance level at 6.38. A further resistance level may holdings at 6.44. The Relative Strength Index (RSI) on the 14-day chart is 49.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.00%. Stochastics %K at 48.28% indicates the stock is a holding.
How much short interest is there in Everspin Technologies Inc?
A steep rise in short interest was recorded in Everspin Technologies Inc stocks on 2024-12-31, dropping by 64289.0 shares to a total of 0.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.63 million shares. There was a decline of -11.3%, which implies that there is a negative sentiment for the stock.
