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GSI Technology Inc (NASDAQ:GSIT) Senior Vice President, Memory Design, Patrick T Chuang, sold 40,000 shares of common stock on November 4, 2025, for approximately $361,599. The shares were sold at a weighted average price of $9.04, in a range of $9.00 to $9.12.
According to a Form 4 filing with the Securities and Exchange Commission, Chuang also exercised options to acquire 40,000 shares of GSI Technology common stock at an exercise price of $4.99, for a total value of $199600. Following these transactions, Chuang directly owns 15,166 shares of the company.
In other recent news, GSI Technology Inc. reported its fiscal second-quarter 2026 earnings, showcasing a net revenue increase to $6.4 million, compared to $4.6 million in the same quarter last year. Despite this revenue growth, the company reported a net loss of $0.11 per share. The company’s forward guidance projects a revenue range of $6.0 million to $6.8 million for the upcoming quarter. These developments come amidst a backdrop where GSI Technology’s stock experienced declines in both regular and aftermarket trading. Investors and analysts are closely watching these financial metrics as they assess the company’s future performance. While no specific analyst upgrades or downgrades were noted, the financial results and guidance are likely influencing market perceptions. The focus remains on how GSI Technology will navigate its financial strategies in the coming months.
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