MRAM CEO Sanjeev Aggarwal sold 36,289 shares at $19.65 on 2026-07-06 for $713,078.85; stock now down 66.2% from 52-week high.
Sanjeev Aggarwal, President and CEO of EVERSPIN TECHNOLOGIES INC., sold 36,289 shares at $19.65, reducing his holdings from 869,488 shares to 833,199 shares. This sale occurs while the stock trades at $17.39, down 28.4% over the past 30 days and 66.2% below its 52-week high of $51.50, despite a 71.3% gain over the prior 90 days. His prior four trades at MRAM have yielded returns of +45.9%, -39.0%, -22.7%, and -20.9% at the 30-day mark, showing inconsistent timing; none had measurable 90-day outcomes yet. The company reported quarterly revenue of $14,872,000.00 with a net loss of $296,000.00 and a P/E of 1739.00, indicating unprofitability despite 9.5% annual revenue growth. The CEO's sale into a heavily depressed valuation environment, combined with the company's fundamental profitability challenges and his mixed near-term timing track record at this ticker, warrants investor scrutiny of both the business trajectory and any forthcoming guidance.