GSI Technology Inc. (GSIT) VP Robert Yau Sells 25,494 Shares of Stock
GSI Technology Inc. (NASDAQ:GSIT) VP Robert Yau sold 25,494 shares of the firm’s stock in a transaction on Monday, November 21st. The stock was sold at an average price of $5.20, for a total transaction of $132,568.80. The sale was disclosed in a document filed with the SEC, which is available through this link.
Robert Yau also recently made the following trade(s):
- On Wednesday, November 16th, Robert Yau sold 90 shares of GSI Technology stock. The stock was sold at an average price of $5.20, for a total transaction of $468.00.
- On Tuesday, November 1st, Robert Yau sold 4,416 shares of GSI Technology stock. The stock was sold at an average price of $5.22, for a total transaction of $23,051.52.
GSI Technology Inc. (NASDAQ:GSIT) traded up 0.78% on Tuesday, hitting $5.20. 2,520 shares of the stock traded hands. GSI Technology Inc. has a 12-month low of $3.33 and a 12-month high of $5.37. The firm’s market cap is $105.17 million. The stock has a 50-day moving average of $5.10 and a 200-day moving average of $4.61.
GSI Technology (NASDAQ:GSIT) last posted its quarterly earnings results on Thursday, October 27th. The company reported $0.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.01. The company had revenue of $13.40 million for the quarter, compared to the consensus estimate of $13.10 million. GSI Technology had a negative net margin of 0.04% and a negative return on equity of 0.02%. GSI Technology’s revenue was down 1.5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.02) earnings per share. Analysts forecast that GSI Technology Inc. will post $0.17 earnings per share for the current year.
Separately, Needham & Company LLC reissued a “neutral” rating on shares of GSI Technology in a report on Monday, August 1st.
About GSI Technology
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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