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Sanjeev Aggarwal, the President and CEO of EVERSPIN TECHNOLOGIES INC (NASDAQ:MRAM), sold 1,768 shares of company stock on August 8, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The semiconductor company, currently valued at $143 million, maintains a strong financial position with a healthy current ratio of 5.87 and more cash than debt on its balance sheet, according to InvestingPro data.
The shares were sold at a price of $6.02, for a total transaction value of $10,643. Following the transaction, Aggarwal directly owns 591,904 shares of Everspin Technologies. The stock, which currently trades at $6.30, has shown resilience with a 16% return over the past year despite trading at a relatively high P/E ratio of 84.4x. InvestingPro analysis suggests the stock is currently fairly valued, with 7 additional key insights available to subscribers.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan established on December 6, 2024. For comprehensive analysis of MRAM’s financial health, valuation metrics, and growth prospects, investors can access the detailed Pro Research Report available on InvestingPro.
In other recent news, Everspin Technologies Inc . reported its second-quarter 2025 earnings, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $0.03, which was a significant improvement over the projected loss of $0.04. Everspin also exceeded revenue forecasts, reporting $13.2 million compared to the anticipated $13 million. These results highlight a positive performance for the quarter. Despite the favorable earnings and revenue figures, other developments such as stock price movements are not covered here. The company’s performance was noted by analysts, but no upgrades or downgrades were mentioned. Investors might find these earnings and revenue outcomes noteworthy as they reflect the company’s recent financial health.
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