GSI Technology (NASDAQ:GSIT) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

22 May 2026, 03:39 by Amy Steele · The Cerbat Gem

Shares of GSI Technology, Inc. (NASDAQ:GSIT – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $7.20 and traded as high as $9.63. GSI Technology shares last traded at $9.27, with a volume of 1,322,120 shares trading hands.

Analysts Set New Price Targets

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

View Our Latest Stock Analysis on GSIT

GSI Technology Trading Up 1.6%

The firm has a market cap of $335.48 million, a PE ratio of -22.61 and a beta of 1.94. The company’s 50-day moving average is $7.30 and its 200 day moving average is $7.20.

GSI Technology (NASDAQ:GSIT – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The semiconductor company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.19) by $0.06. The business had revenue of $6.32 million during the quarter, compared to the consensus estimate of $7.30 million. GSI Technology had a negative net margin of 52.73% and a negative return on equity of 24.91%.

Insiders Place Their Bets

In related news, VP Avidan Akerib sold 19,653 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $11.47, for a total value of $225,419.91. Following the completion of the sale, the vice president owned 23,307 shares in the company, valued at approximately $267,331.29. This represents a 45.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ping Tak Wu sold 11,763 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $10.80, for a total transaction of $127,040.40. Following the completion of the transaction, the vice president owned 147,647 shares in the company, valued at approximately $1,594,587.60. This represents a 7.38% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 392,389 shares of company stock worth $4,193,253 in the last quarter. Corporate insiders own 25.40% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Schonfeld Strategic Advisors LLC acquired a new position in GSI Technology in the 4th quarter valued at approximately $81,000. NewEdge Advisors LLC acquired a new position in GSI Technology in the 3rd quarter valued at approximately $68,000. Prelude Capital Management LLC acquired a new position in GSI Technology in the 3rd quarter valued at approximately $52,000. Dynamic Technology Lab Private Ltd acquired a new position in GSI Technology in the 3rd quarter valued at approximately $69,000. Finally, Osaic Holdings Inc. increased its stake in GSI Technology by 52.1% in the 2nd quarter. Osaic Holdings Inc. now owns 12,012 shares of the semiconductor company’s stock valued at $40,000 after buying an additional 4,112 shares during the period. Institutional investors and hedge funds own 33.15% of the company’s stock.

About GSI Technology

(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.