Everspin Tech Sees Unusually Large Options Volume (NASDAQ:MRAM)

Everspin Tech (NASDAQ:MRAM) was the recipient of some unusual options trading on Thursday. Stock investors bought 6,049 call options on the company. This represents an increase of approximately 346% compared to the typical daily volume of 1,357 call options.

Key Headlines Impacting Everspin Tech

Here are the key news stories impacting Everspin Tech this week:

• Positive Sentiment: Everspin signed a roughly $40M, 2.5‑year agreement with a U.S. prime contractor to deliver Toggle MRAM process capabilities and engineering services for military/aerospace customers — a clear revenue/backlog catalyst and validation of Everspin’s role in defense supply chains. Everspin Executes $40M Agreement for Mil-Aero MRAM Applications
• Positive Sentiment: Quarterly results surprised modestly to the upside (EPS and revenue beat expectations) and company commentary highlighted strong MRAM sales, which helped lift sentiment and trading interest. Everspin Stock Rallies On Double Beat, $40M U.S. Defense Contract Win
• Positive Sentiment: Management guided Q2 revenue roughly to $15.5M–$16.5M and provided EPS guidance of $0.00–$0.03, signaling expected sequential growth and recurring defense program revenue visibility. That revenue guide gives investors a clearer short‑term growth runway. Everspin forecasts $15.5M-$16.5M Q2 revenue as it signs 2.5-year $40M subcontract
• Neutral Sentiment: Needham & Company raised its coverage and price target (buy rating; PT raised to $18.50). The upgrade signals analyst support, but the stated PT is below the current share price, making the note mixed in impact. Needham & Company LLC Issues Positive Forecast for Everspin Tech (NASDAQ:MRAM) Stock Price
• Neutral Sentiment: Unusually large options activity (a multi-hundred-percent increase in call volume) points to speculative bullish positioning and may amplify intraday moves but is not a fundamental change. (reported market activity)
• Negative Sentiment: Earnings‑call commentary flagged rising costs even as revenue grows; higher costs could pressure margins and limit near‑term profitability improvement. Investors weighing valuation should note low net margins and conservative EPS guidance. Everspin Earnings Call: MRAM Growth, Costs Rising

Analyst Ratings Changes

A number of research analysts have issued reports on MRAM shares. Needham & Company LLC boosted their price target on Everspin Tech from $14.00 to $18.50 and gave the company a “buy” rating in a report on Thursday. Weiss Ratings reissued a “sell (d+)” rating on shares of Everspin Tech in a report on Friday, March 27th. Finally, Wall Street Zen downgraded Everspin Tech from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $18.50.

Everspin Tech Trading Up 17.6%

Shares of NASDAQ:MRAM opened at $21.49 on Friday. Everspin Tech has a 12-month low of $5.49 and a 12-month high of $22.69. The company has a market capitalization of $503.94 million, a PE ratio of 2,151.15 and a beta of 1.75. The business has a 50 day moving average of $10.59 and a two-hundred day moving average of $10.43.

Everspin Tech (NASDAQ:MRAM) last announced its quarterly earnings results on Wednesday, April 29th. The business services provider reported $0.11 earnings per share (EPS) for the quarter. Everspin Tech had a return on equity of 4.78% and a net margin of 0.50%.The company had revenue of $14.87 million during the quarter, compared to the consensus estimate of $14.60 million. Everspin Tech has set its Q2 2026 guidance at 0.000-0.030 EPS.

Insider Buying and Selling

In related news, CEO Sanjeev Aggarwal sold 19,440 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $9.20, for a total value of $178,848.00. Following the sale, the chief executive officer owned 847,881 shares in the company, valued at $7,800,505.20. This represents a 2.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in shares of Everspin Tech during the 2nd quarter worth approximately $25,000. Kestra Advisory Services LLC acquired a new position in shares of Everspin Tech during the 4th quarter worth approximately $41,000. Gordian Capital Singapore Pte Ltd acquired a new position in Everspin Tech in the 3rd quarter valued at $82,000. Algert Global LLC acquired a new position in Everspin Tech in the 3rd quarter valued at $102,000. Finally, Occudo Quantitative Strategies LP acquired a new position in Everspin Tech in the 2nd quarter valued at $70,000. 44.68% of the stock is owned by institutional investors and hedge funds.

Everspin Tech Company Profile

Everspin Technologies, Inc (NASDAQ: MRAM) is a semiconductor company specializing in the design, development and marketing of magnetoresistive random access memory (MRAM) solutions. Established in 2008 as a spin-out from Freescale Semiconductor, the company pioneered commercial MRAM products and continues to advance the technology through successive generations, including Toggle MRAM and spin-transfer torque (STT) MRAM. Everspin’s non-volatile memory devices offer a unique combination of performance, endurance and data retention for a variety of applications.

The company’s product portfolio includes discrete MRAM chips, embedded MRAM IP for integration into system-on-chip (SoC) designs and companion devices that leverage MRAM’s fast write speeds and low power consumption.