MRAM - Anuj Aggarwal Implements A Sell Strategy: Offloads $164K In Everspin Technologies Stock | Benzinga
On March 6, a recent SEC filing unveiled that Anuj Aggarwal, Chief Financial Officer at Everspin Technologies (NASDAQ:MRAM) made an insider sell.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, Aggarwal sold 20,000 shares of Everspin Technologies. The total transaction value is $164,200.
At Thursday morning, Everspin Technologies shares are up by 2.19%, trading at $8.4.
About Everspin Technologies
Everspin Technologies Inc is a provider of Magnetoresistive Random Access Memory (MRAM) products. Its portfolio of MRAM technologies, including Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM), delivers superior performance, persistence, and reliability in non-volatile memories that transform how mission-critical data is protected against power loss. The company derives revenue from the sale of MRAM-based products in discrete unit form, licenses of and royalties on MRAM and magnetic sensor technology, the sale of backend foundry services, and design services to third parties. It recognizes revenue in three primary geographic regions; North America; Europe, the Middle East, and Africa (EMEA); and Asia-Pacific (APAC).
Understanding the Numbers: Everspin Technologies's Finances
Revenue Growth: Everspin Technologies's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 6.48%. This signifies a substantial ...