MRAM EVERSPIN TECHNOLOGIES INC.
Price Chart
Executive Summary
Four Everspin insiders, including the CEO and CFO, sold a total of $3.35M in open-market shares over a 7-day window. The cluster is dominated by a director's $1.44M sale and the CEO's $557K sale, with no insider buying to offset the selling pressure. This represents approximately 0.47% of the $706M market cap, a modest but notable amount, and the cluster is amplified by the presence of a separate director sale of $7.07M just 18 days later, creating a sustained insider selling pattern.
Key Financial Metrics
Actionable Insight
The sustained insider selling by both C-suite and directors, with no buying, signals a lack of confidence at current levels. The CEO and CFO selling near $20 and $22 respectively, while directors sold at higher prices ($34-$37), suggests a broad-based bearish view. Monitor for upcoming earnings or material news that could explain the selling. The 88% analyst bullish consensus creates a potential divergence that may resolve negatively.
Key Facts
- Four insiders sold a total of $3.35M in open-market sales from May 4-11, 2026.
- CEO Sanjeev Aggarwal sold 28,500 shares for $557K at $19.58.
- CFO William Cooper sold 11,000 shares for $239K at $21.75.
- Director Lawrence Finch sold 42,000 shares for $1.44M at $34.29.
- Director Darin Billerbeck sold 30,000 shares for $1.11M at $37.16.
- A separate director sale by Lawrence Finch on May 29 added $7.07M, extending the selling pattern.
- Total insider selling over 25 days (May 4-29) is $10.42M, or ~1.48% of market cap.
- No insider purchases were reported in the cluster.
- The cluster represents 0.47% of the $706M market cap, which is modest but notable given the C-suite participation.
- Historical calibration shows score-6 filings on MRAM have a 31% probability of up-move at T+20, with a net negative average alpha of -1.84% across this segment.
Financial Impact
Total insider selling of $3.35M in the cluster, plus an additional $7.07M from a director 18 days later, totaling $10.42M or ~1.48% of market cap.
Risk Factors
- Insider selling may indicate upcoming negative news or a peak in the stock price.
- The CEO and CFO selling simultaneously is a strong negative signal.
- The selling cluster is amplified by a separate large director sale 18 days later, extending the pattern.
- Historical calibration suggests score-6 filings on MRAM have a net negative average alpha at T+20.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MRAM-1780436965197 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
1d ago
|
Institutional Cluster
| $23.43 awaiting T+1 | awaiting T+1 | — | $24.41 (+4.18%) |
|
Jun 2, 2026
10d ago
|
Insider Cluster
| $28.57 $28.42 | ▲ +0.53% | ▲ +0.93% | $24.41 (+14.56%) |
|
May 21, 2026
22d ago
|
Insider Cluster
| $32.70 $29.97 | ▲ +8.35% | ▲ +8.36% | $24.41 (+25.35%) |
|
May 21, 2026
22d ago
|
Insider Cluster
| $33.68 $32.70 | ▲ +2.91% | ▲ +3.50% | $24.41 (+27.52%) |
|
May 21, 2026
22d ago
|
Insider Cluster
| $33.68 $32.70 | ▲ +2.91% | ▲ +3.50% | $24.41 (+27.52%) |
|
May 21, 2026
22d ago
|
Insider Cluster
| $33.68 $32.70 | ▲ +2.91% | ▲ +3.50% | $24.41 (+27.52%) |
|
May 20, 2026
23d ago
|
144
| $32.45 $33.68 | ▲ +3.79% | ▲ +3.34% | $24.41 (−24.78%) |
|
May 19, 2026
24d ago
|
Insider Cluster
| $28.94 $32.45 | ▼ −12.13% | ▼ −11.93% | $24.41 (+15.65%) |
|
May 19, 2026
24d ago
|
Insider Cluster
| $28.94 $32.45 | ▼ −12.13% | ▼ −11.93% | $24.41 (+15.65%) |
|
May 15, 2026
28d ago
|
Insider Cluster
| $33.35 $31.72 | ▼ −4.89% | ▼ −4.24% | $24.41 (−26.81%) |
US Market Status
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