1 week Ago By ABMN Staff
Renaissance Technologies LLC cut its position in Everspin Technologies, Inc. ( NASDAQ:MRAM – Free Report ) by 9.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The firm owned 239,967 shares of the business services provider’s stock after selling 24,800 shares during the quarter. Renaissance Technologies LLC owned about 1.09% of Everspin Technologies worth $1,533,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bailard Inc. bought a new stake in shares of Everspin Technologies in the fourth quarter valued at about $292,000.
Barclays PLC grew its stake in shares of Everspin Technologies by 157.9% in the third quarter. Barclays PLC now owns 52,654 shares of the business services provider’s stock valued at $310,000 after acquiring an additional 32,240 shares in the last quarter.
Total Clarity Wealth Management Inc. acquired a new position in shares of Everspin Technologies in the fourth quarter valued at about $162,000. JPMorgan Chase & Co.
grew its stake in shares of Everspin Technologies by 49.3% in the third quarter. JPMorgan Chase & Co.
now owns 58,668 shares of the business services provider’s stock valued at $346,000 after acquiring an additional 19,367 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Everspin Technologies by 3.8% in the fourth quarter.
Geode Capital Management LLC now owns 428,480 shares of the business services provider’s stock valued at $2,739,000 after acquiring an additional 15,601 shares in the last quarter. 44.68% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets In other Everspin Technologies news, CEO Sanjeev Aggarwal sold 16,845 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $5.00, for a total transaction of $84,225.
00. Following the sale, the chief executive officer now directly owns 637,983 shares in the company, valued at $3,189,915. This represents a 2.
57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website . Insiders have sold 54,422 shares of company stock worth $285,429 over the last ninety days.
Corporate insiders own 6.90% of the company’s stock. Everspin Technologies Stock Performance Everspin Technologies ( NASDAQ:MRAM – Get Free Report ) last announced its quarterly earnings data on Wednesday, February 26th.
The business services provider reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.
01). The firm had revenue of $13.20 million for the quarter, compared to analyst estimates of $12.
50 million. Everspin Technologies had a return on equity of 2.74% and a net margin of 2.
85%. Wall Street Analyst Weigh In Separately, StockNews.com downgraded shares of Everspin Technologies from a “buy” rating to a “hold” rating in a research note on Friday, February 28th.
Check Out Our Latest Report on MRAM Everspin Technologies Profile ( Free Report ) Everspin Technologies, Inc engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products. Read More Want to see what other hedge funds are holding MRAM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Everspin Technologies, Inc. ( NASDAQ:MRAM – Free Report ). Receive News & Ratings for Everspin Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Everspin Technologies and related companies with MarketBeat.
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