MRAM - Chief Financial Officer At Everspin Technologies Sells $131K Of Stock | Benzinga
Making a noteworthy insider sell on December 13, Anuj Aggarwal, Chief Financial Officer at Everspin Technologies (NASDAQ:MRAM), is reported in the latest SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday outlined that Aggarwal executed a sale of 15,000 shares of Everspin Technologies with a total value of $131,550.
At Thursday morning, Everspin Technologies shares are up by 1.07%, trading at $8.49.
All You Need to Know 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).
Financial Milestones: Everspin Technologies's Journey
Positive Revenue Trend: Examining Everspin Technologies's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 8.04% as of 30 ...