MRAM EVERSPIN TECHNOLOGIES INC.
Price Chart
Executive Summary
CEO Sanjeev Aggarwal and a director sold $3.34M worth of MRAM shares over a 5-day window, with the CEO's $2.70M open-market sale on May 18 at $32.48 being the dominant transaction. The sales follow a pattern of option exercises and appear to be largely liquidity-driven, though the absolute dollar value is material at ~0.5% of market cap. Historical cross-filing protocols classify this cluster as an amplified signal, but the CEO's sale is priced below the director's sale a few days earlier, which could indicate opportunistic execution rather than a coordinated bearish view.
Key Financial Metrics
Actionable Insight
Total insider selling of $3.34M is notable but below the $3.7M already sold in the prior 30 days, suggesting a pattern of routine diversification. The CEO exercised options at $5.62–$8.17 before selling at market prices, indicating these are largely compensation-linked sales rather than reaction to freshly deteriorating fundamentals. However, the CEO selling at $32.48 — well below the director's $37.10 price 3 days earlier — merits watching the next 8-K for any operational update. No immediate short trigger, but add to ongoing monitoring list.
Key Facts
- CEO Sanjeev Aggarwal sold $2.70M worth of shares (83,048 shares at $32.48) on May 18
- Director Glen Hawk sold $645K worth of shares (17,376 shares at $37.10) on May 15
- Total insider sales of $3.34M represent ~0.49% of MRAM's $679M market cap
- CEO also exercised options for net zero cost (cashless exercise pattern) on May 18 and May 20
- Cluster is classified as a cross-filing AMPLIFIER per actuarial verdicts, increasing signal weight
Financial Impact
Insider selling of $3.34M (~0.49% of market cap) concentrated in CEO and director
Risk Factors
- Continued insider selling pattern could signal management's view that current valuation is full
- Stock has surged ~30% in recent weeks per prior positioning, making insiders more likely to take profits
- Cross-filing actuarial verdicts label this cluster AMPLIFIER, meaning the sell signal has historically been amplified by nearby filings
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MRAM-1779396420578 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 2, 2026
7d ago
|
Insider Cluster
| $28.57 $28.42 | ▲ +0.53% | ▲ +0.93% | $24.30 (+14.95%) |
|
May 21, 2026
19d ago
|
Insider Cluster
| $32.70 $29.97 | ▲ +8.35% | ▲ +8.36% | $24.30 (+25.69%) |
|
May 21, 2026
19d ago
|
Insider Cluster
| $33.68 $32.70 | ▲ +2.91% | ▲ +3.50% | $24.30 (+27.85%) |
|
May 21, 2026
19d ago
|
Insider Cluster
| $33.68 $32.70 | ▲ +2.91% | ▲ +3.50% | $24.30 (+27.85%) |
|
May 21, 2026
19d ago
|
Insider Cluster
| $33.68 $32.70 | ▲ +2.91% | ▲ +3.50% | $24.30 (+27.85%) |
|
May 20, 2026
20d ago
|
144
| $32.45 $33.68 | ▲ +3.79% | ▲ +3.34% | $24.30 (−25.12%) |
|
May 19, 2026
21d ago
|
Insider Cluster
| $28.94 $32.45 | ▼ −12.13% | ▼ −11.93% | $24.30 (+16.03%) |
|
May 19, 2026
21d ago
|
Insider Cluster
| $28.94 $32.45 | ▼ −12.13% | ▼ −11.93% | $24.30 (+16.03%) |
|
May 15, 2026
25d ago
|
Insider Cluster
| $33.35 $31.72 | ▼ −4.89% | ▼ −4.24% | $24.30 (−27.14%) |
|
May 11, 2026
29d ago
|
144
| $44.01 $44.01 | · 0.00% | ▼ −0.54% | $24.30 (−44.79%) |
US Market Status
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