5 Small Publicly Traded Semiconductor Companies

In this article, we discuss 5 small publicly traded semiconductor companies. To read the detailed analysis of the semiconductor market, go directly to 13 Small Publicly Traded Semiconductor Companies.

5. Everspin Technologies, Inc. (NASDAQ:MRAM)

Market capitalization as of March 3: $147.43 million
Number of hedge fund holders: 8

Everspin Technologies, Inc. (NASDAQ:MRAM) develops and manufactures magnetoresistive random access memory (MRAM) products. The products are used in a variety of applications, including industrial automation, automotive, and enterprise storage. Everspin Technologies, Inc. (NASDAQ:MRAM)’s leadership in this niche gives it an important edge, it has more than 600 patents and applications related to MRAM technology. In addition, its manufacturing capabilities, a broad product portfolio, and strategic partnerships and alliances are competitive strengths.

The company also stands out because of a strong financial position. Everspin Technologies, Inc. (NASDAQ:MRAM)’s revenue grew 8.77% year-on-year in FY2022. The strong fundamentals have seen MRAM stock rally 32.90% year-to-date. Analysts have a Moderate Buy rating on the stock, with one Buy, zero Hold, and zero Sell.

According to the Insider Monkey database, 8 hedge funds held stakes in Everspin Technologies, Inc. (NASDAQ:MRAM), with a combined value of $10.002 million as Q4 2022. AIGH Investment Partners is the most prominent shareholder of Everspin Technologies, Inc. (NASDAQ:MRAM), with 849,930 million shares worth $4.73 million.