Didier Lasserre Sells 30,000 Shares of GSI Technology (NASDAQ:GSIT) Stock

Posted by Brian Himes on May 22nd, 2026

GSI Technology, Inc. (NASDAQ:GSIT – Get Free Report) VP Didier Lasserre sold 30,000 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $9.31, for a total transaction of $279,300.00. Following the sale, the vice president owned 310,907 shares in the company, valued at approximately $2,894,544.17. This trade represents a 8.80% 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.

GSI Technology Stock Performance

Shares of NASDAQ:GSIT traded up $0.39 during trading on Friday, hitting $9.66. The company’s stock had a trading volume of 5,778,497 shares, compared to its average volume of 1,445,219. GSI Technology, Inc. has a fifty-two week low of $2.82 and a fifty-two week high of $18.15. The business has a 50 day moving average price of $7.30 and a two-hundred day moving average price of $7.20. The company has a market capitalization of $349.60 million, a PE ratio of -23.56 and a beta of 1.94.

GSI Technology (NASDAQ:GSIT – Get Free Report) last announced its quarterly earnings data 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 business had revenue of $6.32 million for the quarter, compared to analysts’ expectations of $7.30 million. GSI Technology had a negative return on equity of 24.91% and a negative net margin of 52.73%.

Analyst Ratings Changes

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

Read Our Latest Stock Report on GSI Technology

Institutional Trading of GSI Technology

A number of institutional investors have recently bought and sold shares of GSIT. CIBC Private Wealth Group LLC purchased a new position in shares of GSI Technology in the 4th quarter valued at about $31,000. R Squared Ltd purchased a new stake in GSI Technology during the third quarter worth approximately $38,000. Osaic Holdings Inc. lifted 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 worth $40,000 after purchasing an additional 4,112 shares during the last quarter. Bank of America Corp DE boosted its holdings in GSI Technology by 8,247.6% in 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 in the last quarter. Finally, Prelude Capital Management LLC acquired a new position in GSI Technology in the third quarter valued at approximately $52,000. 33.15% of the stock is owned by hedge funds and other institutional investors.

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.