Everspin Tech (NASDAQ:MRAM) Sees Unusually-High Trading Volume – What’s Next?

Posted by Brenda Bartman on May 13th, 2026

Everspin Tech (NASDAQ:MRAM – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 4,486,911 shares changed hands during trading, an increase of 196% from the previous session’s volume of 1,515,490 shares.The stock last traded at $44.4990 and had previously closed at $44.01.

Analysts Set New Price Targets

A number of equities analysts have issued reports on MRAM shares. Wall Street Zen downgraded shares of Everspin Tech from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Needham & Company LLC lifted their price objective on shares of Everspin Tech from $14.00 to $18.50 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Everspin Tech in a report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $18.50.

Check Out Our Latest Research Report on MRAM

Everspin Tech Trading Down 1.5%

The stock’s fifty day moving average is $12.73 and its two-hundred day moving average is $11.19. The company has a market capitalization of $1.02 billion, a PE ratio of 4,346.75 and a beta of 1.75.

Everspin Tech (NASDAQ:MRAM – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The business services provider reported $0.11 earnings per share for the quarter. The company had revenue of $14.87 million for the quarter, compared to the consensus estimate of $14.60 million. Everspin Tech had a net margin of 0.50% and a return on equity of 4.78%. Everspin Tech has set its Q2 2026 guidance at 0.000-0.030 EPS.

Insider Transactions at Everspin Tech

In related news, CEO Sanjeev Aggarwal sold 28,459 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $19.58, for a total value of $557,227.22. Following the transaction, the chief executive officer directly owned 819,422 shares of the company’s stock, valued at approximately $16,044,282.76. The trade was a 3.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO William Earl Cooper sold 11,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $21.75, for a total transaction of $239,250.00. Following the completion of the transaction, the chief financial officer directly owned 161,030 shares in the company, valued at $3,502,402.50. This trade represents a 6.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 60,448 shares of company stock worth $989,576 over the last three months. 6.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Everspin Tech

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in Everspin Tech during the second quarter valued at about $25,000. Kestra Advisory Services LLC purchased a new stake in Everspin Tech during the fourth quarter valued at about $41,000. Gordian Capital Singapore Pte Ltd purchased a new stake in Everspin Tech during the third quarter valued at about $82,000. Algert Global LLC purchased a new stake in Everspin Tech during the third quarter valued at about $102,000. Finally, Occudo Quantitative Strategies LP purchased a new stake in Everspin Tech during the second quarter valued at about $70,000. 44.68% of the stock is owned by hedge funds and other institutional investors.

Everspin Tech Company Profile

(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.