Shin Hyunsoo buys GCT Semiconductor (GCTS) shares worth $152k

Published 19/08/2025, 21:22
Shin Hyunsoo buys GCT Semiconductor (GCTS) shares worth $152k

Director Shin Hyunsoo of GCT Semiconductor Holding, Inc. (NASDAQ:GCTS) acquired 121,000 shares of common stock on August 15, 2025. The shares were purchased at a price of $1.26, totaling approximately $152,460. According to InvestingPro data, the stock is currently trading at $1.18, down nearly 65% over the past year, with a market capitalization of approximately $70 million.

Following the transaction, Shin Hyunsoo directly owns 631,704 shares of GCT Semiconductor Holding, Inc. InvestingPro analysis indicates the company faces significant financial challenges, with a weak overall financial health score. Subscribers can access 10+ additional ProTips and a comprehensive Pro Research Report for deeper insights into GCTS’s financial position.

In other recent news, GCT Semiconductor Holdings, Inc. reported a notable decline in its Q2 2025 financial performance, with revenue dropping by 19% compared to the same quarter last year. The company’s gross margin also experienced a significant decrease, falling from 63% to 32%. Despite these challenges, GCT Semiconductor expressed optimism about its future prospects, emphasizing advancements in 5G technology and strategic partnerships. The company’s forward-looking strategies have garnered attention from investors, as evidenced by a rise in aftermarket trading. While there were no mergers or acquisitions reported, the focus on technological advancements suggests potential growth opportunities. No analyst upgrades or downgrades were mentioned in the recent developments. These updates reflect the company’s current position and strategic direction amidst a challenging market environment.

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