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Insider Cluster (4 insiders) ·Filed Jun 2, 2026

MRAM

EVERSPIN TECHNOLOGIES INC.
BEARISH
Impact 5/10
Horizondays Processed4mo ago
Insider cluster: 4 insiders, $3.4M total
Actionable Insight ▼ Bearish

The sustained insider selling by both C-suite and directors, with no buying, signals a lack of confidence at current levels. The CEO and CFO selling near $20 and $22 respectively, while directors sold at higher prices ($34-$37), suggests a broad-based bearish view. Monitor for upcoming earnings or material news that could explain the selling. The 88% analyst bullish consensus creates a potential divergence that may resolve negatively.

DirectionBearish
Confidencemedium
Horizondays
Latest settled — T+20d
MRAM ▼ -33.01% at T+20d
SHORT call ✓ call won +33.01% · α vs SPY +32.01% · entry $28.57 → $19.14
Next anchor: T+60d due 2mo ago
Entry = T+0 close
Jun 2, 2026
via day close
T+1d
-0.53%
call +0.53% · α +0.93%
$28.42
settled 5mo ago
T+5d
-19.99%
call +19.99% · α +16.17%
$22.86
settled 5mo ago
T+20d
-33.01%
call +33.01% · α +32.01%
$19.14
settled 4mo ago
T+60d
Pending
due 2mo ago

Price Chart

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Executive Summary

Four Everspin insiders, including the CEO and CFO, sold a total of $3.35M in open-market shares over a 7-day window. The cluster is dominated by a director's $1.44M sale and the CEO's $557K sale, with no insider buying to offset the selling pressure. This represents approximately 0.47% of the $706M market cap, a modest but notable amount, and the cluster is amplified by the presence of a separate director sale of $7.07M just 18 days later, creating a sustained insider selling pattern.

Key Financial Metrics

Direction
selling
Total Value
$3.4M
Insiders
4

Key Facts

  • Four insiders sold a total of $3.35M in open-market sales from May 4-11, 2026.
  • CEO Sanjeev Aggarwal sold 28,500 shares for $557K at $19.58.
  • CFO William Cooper sold 11,000 shares for $239K at $21.75.
  • Director Lawrence Finch sold 42,000 shares for $1.44M at $34.29.
  • Director Darin Billerbeck sold 30,000 shares for $1.11M at $37.16.
  • A separate director sale by Lawrence Finch on May 29 added $7.07M, extending the selling pattern.
  • Total insider selling over 25 days (May 4-29) is $10.42M, or ~1.48% of market cap.
  • No insider purchases were reported in the cluster.
  • The cluster represents 0.47% of the $706M market cap, which is modest but notable given the C-suite participation.

Financial Impact

Total insider selling of $3.35M in the cluster, plus an additional $7.07M from a director 18 days later, totaling $10.42M or ~1.48% of market cap.

insider_sellingmarket_cap

Risk Factors

  • Insider selling may indicate upcoming negative news or a peak in the stock price.
  • The CEO and CFO selling simultaneously is a strong negative signal.
  • The selling cluster is amplified by a separate large director sale 18 days later, extending the pattern.

Market Snapshot

Exchange
Nasdaq
Sector
Semiconductors & Related Devices
Analyst Consensus
88% bullish (8 analysts)

Investment Themes

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-MRAM-1780436965197
19 reports for MRAM
Performance horizon
100% Hit rate @ T+20 7 of 7 directional calls Went positive at some point 7 of 7 best @ T+20▲ +258.78%Apr 10, 2026
Filters
Rows
Reports for MRAM — sortable, filterable
TypeNow
Oct 5, 2026
20d ago
Insider Cluster
NEUTRAL ★ 3/10
$17.76awaiting T+20—$13.04 (−26.58%)
Jul 8, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$18.14 $15.65▼ −13.73%▼ −15.97%$13.04 (−28.11%)
Jul 6, 2026
15w ago
Insider Cluster
NEUTRAL ★ 4/10
$17.68 $15.45▼ −12.61%▼ −13.95%$13.04 (−26.24%)
Jun 11, 2026
19w ago
Institutional Cluster
NEUTRAL ★ 3/10
$24.20 $18.14▼ −25.04%▼ −26.93%$13.04 (−46.12%)
Jun 2, 2026
20w ago
Insider Cluster
BEARISH ★ 5/10
$28.57 $19.14▲ +33.01%▲ +32.01%$13.04 (+54.36%)
May 21, 2026
22w ago
Insider Cluster
BEARISH ★ 6/10
$32.70 $21.10▲ +35.47%▲ +33.53%$13.04 (+60.12%)
May 21, 2026
22w ago
Insider Cluster
BEARISH ★ 6/10
$33.68 $24.04▲ +28.64%▲ +27.22%$13.04 (+61.28%)
May 21, 2026
22w ago
Insider Cluster
BEARISH ★ 6/10
$33.68 $24.04▲ +28.64%▲ +27.22%$13.04 (+61.28%)
May 21, 2026
22w ago
Insider Cluster
BEARISH ★ 6/10
$33.68 $24.04▲ +28.64%▲ +27.22%$13.04 (+61.28%)
May 20, 2026
22w ago
144
NEUTRAL ★ 3/10
$32.45 $25.56▼ −21.23%▼ −21.57%$13.04 (−59.82%)
Showing 10 of 19

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Report published Jun 2, 2026