GSI Technology (NASDAQ:GSIT) Stock Crosses Above 200-Day Moving Average – Time to Sell?

GSI Technology, Inc. (NASDAQ:GSIT)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.37 and traded as high as $5.15. GSI Technology shares last traded at $4.82, with a volume of 582,753 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of GSI Technology in a research note on Saturday, September 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

GSI Technology Price Performance

The firm has a market capitalization of $140.21 million, a PE ratio of -8.93 and a beta of 1.20. The business’s 50 day moving average is $3.48 and its two-hundred day moving average is $3.37.

GSI Technology (NASDAQ:GSIT) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported ($0.08) EPS for the quarter. The company had revenue of $6.28 million during the quarter. GSI Technology had a negative return on equity of 43.27% and a negative net margin of 62.96%. GSI Technology has set its Q2 2026 guidance at EPS.

Insiders Place Their Bets

In other GSI Technology news, VP Avidan Akerib sold 10,000 shares of GSI Technology stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $3.89, for a total transaction of $38,900.00. Following the completion of the sale, the vice president owned 23,307 shares of the company’s stock, valued at $90,664.23. The trade was a 30.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 25.40% of the stock is owned by insiders.

Institutional Trading of GSI Technology

Hedge funds have recently bought and sold shares of the company. Osaic Holdings Inc. grew its position 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 acquiring an additional 4,112 shares during the last quarter. Two Sigma Advisers LP purchased a new stake in shares of GSI Technology in the 4th quarter valued at $33,000. Two Sigma Investments LP grew its holdings in shares of GSI Technology by 19.0% during the 4th quarter. Two Sigma Investments LP now owns 69,960 shares of the semiconductor company’s stock valued at $212,000 after purchasing an additional 11,149 shares during the last quarter. Bank of America Corp DE raised its position in GSI Technology by 8,247.6% in the 2nd quarter. Bank of America Corp DE now owns 13,690 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 13,526 shares during the period. Finally, U.S. Capital Wealth Advisors LLC purchased a new position in GSI Technology in the 2nd quarter worth $55,000. Institutional investors own 33.15% of the company’s stock.

GSI Technology Company Profile

GSI Technology, Inc designs, develops, and markets semiconductor memory solutions to networking, industrial, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally. It offers associative processing unit products, which are focuses on applications using similarity search in visual search queries for ecommerce, computer vision, drug discovery, cyber security, and service markets.