Everspin Technologies, Inc. (NASDAQ:MRAM) Shares Bought by Barclays PLC

Barclays PLC lifted its holdings in Everspin Technologies, Inc. (NASDAQ:MRAM) by 157.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,654 shares of the business services provider’s stock after purchasing an additional 32,240 shares during the period. Barclays PLC owned about 0.24% of Everspin Technologies worth $310,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC grew its position in Everspin Technologies by 0.5% in the third quarter. Geode Capital Management LLC now owns 412,879 shares of the business services provider’s stock worth $2,437,000 after buying an additional 1,941 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Everspin Technologies by 15.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 407,444 shares of the business services provider’s stock worth $2,440,000 after acquiring an additional 55,772 shares during the last quarter. State Street Corp raised its position in shares of Everspin Technologies by 1.5% during the third quarter. State Street Corp now owns 219,393 shares of the business services provider’s stock worth $1,294,000 after purchasing an additional 3,298 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Everspin Technologies by 75.9% during the second quarter. Bank of New York Mellon Corp now owns 113,655 shares of the business services provider’s stock valued at $681,000 after purchasing an additional 49,032 shares during the last quarter. Finally, Rhumbline Advisers acquired a new position in shares of Everspin Technologies in the 2nd quarter valued at $129,000. 44.68% of the stock is currently owned by institutional investors.

Everspin Technologies Trading Up 0.3 %

Shares of MRAM stock opened at $6.32 on Monday. The company has a market capitalization of $138.85 million, a price-to-earnings ratio of 105.33 and a beta of 0.90. Everspin Technologies, Inc. has a 1-year low of $4.89 and a 1-year high of $9.39. The stock’s fifty day simple moving average is $6.27 and its 200-day simple moving average is $6.03.

Analyst Upgrades and Downgrades

MRAM has been the topic of several recent analyst reports. Needham & Company LLC restated a “buy” rating and set a $8.00 price objective on shares of Everspin Technologies in a report on Thursday, October 31st. StockNews.com upgraded shares of Everspin Technologies from a “hold” rating to a “buy” rating in a report on Saturday, December 28th.

About Everspin Technologies

Everspin Technologies, Inc engages in the manufacture and sale of magnetoresistive random access memory (MRAM) products in the United States, Japan, Hong Kong, Germany, Singapore, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for MRAM products.