Great Lakes Advisors LLC Invests $25.48 Million in GCT Semiconductor Holding, Inc. $GCTS

Posted by Brian Himes on Aug 19th, 2026

Great Lakes Advisors LLC bought a new stake in GCT Semiconductor Holding, Inc. (NYSE:GCTS – Free Report) during the second quarter, HoldingsChannel reports. The fund bought 269,555 shares of the company’s stock, valued at approximately $25,484,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of New York Mellon Corp purchased a new position in GCT Semiconductor during the 2nd quarter worth approximately $210,594,000. Vanguard Group Inc. increased its stake in shares of GCT Semiconductor by 3.3% in the third quarter. Vanguard Group Inc. now owns 1,583,800 shares of the company’s stock worth $2,407,000 after acquiring an additional 50,799 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of GCT Semiconductor in the second quarter worth $91,956,000. Geode Capital Management LLC raised its holdings in shares of GCT Semiconductor by 4.5% during the fourth quarter. Geode Capital Management LLC now owns 414,944 shares of the company’s stock worth $498,000 after purchasing an additional 17,867 shares during the last quarter. Finally, Danske Bank A S purchased a new position in shares of GCT Semiconductor during the second quarter worth $24,276,000. Institutional investors and hedge funds own 28.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on GCTS. Weiss Ratings restated a “sell (d-)” rating on shares of GCT Semiconductor in a research report on Monday, August 3rd. Wall Street Zen downgraded GCT Semiconductor from a “hold” rating to a “sell” rating in a research report on Monday. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $3.50.

Get Our Latest Analysis on GCT Semiconductor

GCT Semiconductor Trading Down 6.9%

Shares of NYSE:GCTS opened at $1.95 on Wednesday. GCT Semiconductor Holding, Inc. has a 12-month low of $0.95 and a 12-month high of $3.93. The business has a 50 day moving average of $2.37 and a two-hundred day moving average of $1.88. The company has a market capitalization of $178.88 million, a PE ratio of -2.43 and a beta of 1.81.

GCT Semiconductor (NYSE:GCTS – Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.17). The firm had revenue of $0.97 million for the quarter, compared to analyst estimates of $3.30 million. Equities research analysts predict that GCT Semiconductor Holding, Inc. will post -0.69 earnings per share for the current fiscal year.

GCT Semiconductor Profile

(Free Report)

GCT Semiconductor Holding, Inc, operates as a fabless semiconductor company, designs, develops, and markets integrated circuits for the wireless semiconductor industry. The company provides RF and modem chipsets based on 4G LTE technology, including 4G LTE, 4.5G LTE Advanced, and 4.75G LTE Advanced-Pro. It also develops and sells cellular IoT chipsets for low-speed mobile networks such as eMTC/NB-IOT/Sigfox, and other network protocols; and 5G solutions. Its products and solutions are used in smartphones, tablets, hotspots, CPEs, USB dongles, routers, and M2M applications.