GSI Technology, Inc. (NASDAQ:GSIT) VP Robert Yau sold 2,386 shares of GSI Technology stock in a transaction on Monday, March 5th. The shares were sold at an average price of $8.00, for a total value of $19,088.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Robert Yau also recently made the following trade(s):
- On Wednesday, March 7th, Robert Yau sold 7,474 shares of GSI Technology stock. The stock was sold at an average price of $8.01, for a total value of $59,866.74.
- On Wednesday, February 28th, Robert Yau sold 9 shares of GSI Technology stock. The stock was sold at an average price of $8.00, for a total value of $72.00.
Shares of GSI Technology, Inc. (NASDAQ:GSIT) traded up $0.03 during trading hours on Friday, hitting $8.64. The company’s stock had a trading volume of 55,412 shares, compared to its average volume of 31,928. GSI Technology, Inc. has a fifty-two week low of $6.05 and a fifty-two week high of $9.68. The stock has a market capitalization of $183.34, a price-to-earnings ratio of -29.79 and a beta of 0.76.
Several equities research analysts have weighed in on GSIT shares. Needham & Company LLC reissued a “hold” rating on shares of GSI Technology in a research note on Friday, January 26th. TheStreet upgraded GSI Technology from a “d+” rating to a “c-” rating in a research report on Monday, March 12th.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its holdings in shares of GSI Technology by 123.3% in the fourth quarter. Wells Fargo & Company MN now owns 20,546 shares of the semiconductor company’s stock valued at $163,000 after purchasing an additional 11,343 shares during the period. Chicago Equity Partners LLC purchased a new stake in shares of GSI Technology in the fourth quarter valued at approximately $168,000. Teachers Advisors LLC purchased a new stake in shares of GSI Technology in the second quarter valued at approximately $194,000. California State Teachers Retirement System purchased a new stake in shares of GSI Technology in the second quarter valued at approximately $199,000. Finally, Strs Ohio boosted its holdings in shares of GSI Technology by 56.7% in the third quarter. Strs Ohio now owns 29,300 shares of the semiconductor company’s stock valued at $213,000 after purchasing an additional 10,600 shares during the period. Hedge funds and other institutional investors own 31.32% of the company’s stock.
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GSI Technology Company Profile
GSI Technology, Inc is a provider of Very Fast static random access memory (SRAM) products and low latency dynamic random access memory (LLDRAM) products. The Company operates through the design, development and sale of integrated circuits segment. Its products are incorporated primarily in high-performance networking and telecommunications equipment, such as routers, switches, area network infrastructure equipment, wireless base stations and network access equipment.
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