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Patrick T. Chuang, Senior VP, Memory Design at GSI Technology INC (NASDAQ:GSIT), sold 40,000 shares of common stock on November 6, 2025, for a total of $346,552. This transaction comes as GSIT, currently valued at $257.8 million, has shown significant volatility with a 174% return over the past year despite a recent 7.8% pullback last week.
The sales were executed at a price of $8.6638. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.50 to $8.92, inclusive. The current stock price of $8.38 sits slightly below these transaction levels, with InvestingPro analysis indicating the stock may be trading above its Fair Value.
On the same day, Chuang also exercised options to acquire 40,000 shares of GSI Technology common stock. These transactions involved two separate option exercises, each for 20,000 shares. The exercise prices were $2.27 and $1.92, respectively, for a total of $83,800.InvestingPro data reveals GSIT holds more cash than debt and maintains strong liquidity with a current ratio of 5.49. Despite impressive price momentum of 141% over the past six months, the company is not yet profitable. Discover 10+ additional ProTips and a comprehensive analysis in GSIT’s Pro Research Report, available with an InvestingPro subscription.
In other recent news, GSI Technology reported its fiscal second-quarter 2026 earnings, highlighting a revenue increase to $6.4 million from $4.6 million in the same quarter last year. Despite the revenue growth, the company experienced a net loss of $0.11 per share. GSI Technology also provided forward guidance, anticipating revenue between $6.0 million and $6.8 million for the upcoming quarter. In another development, GSI Technology announced its strategy to target edge computing markets with its Gemini-II Associative Processing Unit, initially focusing on the drone sector. The company emphasized the power efficiency of the Gemini-II, which delivers AI capabilities at 15 watts, significantly lower than the power consumption of data center GPUs. These recent developments provide insight into GSI Technology’s current financial performance and strategic direction.
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