Everspin Technologies Inc (NASDAQ:MRAM) major shareholder Nvpg Iv, Llc bought 250,000 shares of the firm’s stock in a transaction on Thursday, October 13th. The shares were purchased at an average cost of $8.00 per share, with a total value of $2,000,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of Everspin Technologies Inc (NASDAQ:MRAM) opened at 6.69 on Tuesday. The firm’s 50-day moving average price is $7.28 and its 200-day moving average price is $7.28. Everspin Technologies Inc has a 12 month low of $6.15 and a 12 month high of $9.99.
Everspin Technologies Company Profile
Everspin Technologies, Inc is a United States-based company engaged in designing, manufacturing and shipping discrete and embedded magnetoresistive random-access memory (MRAM) and spin-torque MRAM (ST-MRAM) into markets and applications. The Company’s products include 8-bit/16-bit Parallel Interface MRAM, Serial Peripheral Interface, Quad Serial Peripheral Interface and DDR3 Spin-Torque MRAM.
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