Insider Selling: GSI Technology (NASDAQ:GSIT) VP Sells $330,300.00 in Stock

Posted by Geri Gentry on May 30th, 2026

GSI Technology, Inc. (NASDAQ:GSIT – Get Free Report) VP Ping Tak Wu sold 30,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $11.01, for a total transaction of $330,300.00. Following the completion of the sale, the vice president directly owned 148,441 shares in the company, valued at $1,634,335.41. This represents a 16.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Ping Tak Wu also recently made the following trade(s):

On Tuesday, May 12th, Ping Tak Wu sold 11,763 shares of GSI Technology stock. The shares were sold at an average price of $10.80, for a total transaction of $127,040.40.

GSI Technology Price Performance

GSIT opened at $9.93 on Friday. The stock has a market capitalization of $359.37 million, a PE ratio of -24.22 and a beta of 1.94. The firm’s fifty day moving average price is $7.53 and its 200 day moving average price is $7.26. GSI Technology, Inc. has a 12-month low of $2.82 and a 12-month high of $18.15.

GSI Technology (NASDAQ:GSIT – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.19) by $0.06. The firm had revenue of $6.32 million for the quarter, compared to analysts’ expectations of $7.30 million. GSI Technology had a negative net margin of 52.73% and a negative return on equity of 24.91%.

Institutional Trading of GSI Technology

Institutional investors have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC bought a new stake in GSI Technology during the fourth quarter valued at $31,000. R Squared Ltd bought a new stake in GSI Technology during the third quarter valued at $38,000. Osaic Holdings Inc. increased its stake in GSI Technology by 52.1% during the second quarter. Osaic Holdings Inc. now owns 12,012 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 4,112 shares during the last quarter. Bank of America Corp DE increased its stake in GSI Technology by 8,247.6% during the second quarter. Bank of America Corp DE now owns 13,690 shares of the semiconductor company’s stock valued at $46,000 after purchasing an additional 13,526 shares during the last quarter. Finally, Prelude Capital Management LLC bought a new stake in GSI Technology during the third quarter valued at $52,000. Institutional investors own 33.15% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of GSI Technology in a report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, GSI Technology presently has an average rating of “Sell”.

Read Our Latest Stock Report on GSI Technology

GSI Technology Company Profile

(Get Free Report)

GSI Technology, Inc is a fabless semiconductor company specializing in the design and development of high-performance memory products. Headquartered in Sunnyvale, California, the company was founded in 1995 and has focused its efforts on content addressable memory (CAM) and high-speed SRAM (static random-access memory) solutions. As a publicly traded company listed on NASDAQ under the ticker GSIT, GSI Technology leverages advanced architectures to meet demanding data-processing requirements.

The company’s core product portfolio includes ternary CAM (TCAM) devices, binary CAM (BCAM) devices and high-speed synchronous SRAM.