GSI Know-how, Inc. (NASDAQ:GSIT) noticed a big decline in brief curiosity within the month of December. As of December fifteenth, there was quick curiosity totalling 188,400 shares, a decline of 18.3% from the November thirtieth whole of 230,700 shares. Roughly 1.1% of the shares of the corporate are bought quick. Primarily based on a median buying and selling quantity of 69,800 shares, the days-to-cover ratio is presently 2.7 days.
In different information, Director Robert Yau bought 28,324 shares of GSI Know-how inventory in a transaction that occurred on Friday, November nineteenth. The inventory was bought at a median worth of $5.93, for a complete transaction of $167,961.32. The sale was disclosed in a submitting with the Securities & Alternate Fee, which is accessible by this link. Insiders personal 35.10% of the corporate’s inventory.
A number of institutional buyers have lately purchased and bought shares of the corporate. King Luther Capital Administration Corp raised its holdings in shares of GSI Know-how by 21.2% throughout the third quarter. King Luther Capital Administration Corp now owns 200,000 shares of the semiconductor firm’s inventory value $1,056,000 after shopping for an extra 35,000 shares within the final quarter. BlackRock Inc. elevated its holdings in GSI Know-how by 79.1% within the third quarter. BlackRock Inc. now owns 86,947 shares of the semiconductor firm’s inventory value $458,000 after buying an extra 38,413 shares within the final quarter. Cowen Prime Advisors LLC elevated its holdings in GSI Know-how by 2.8% within the third quarter. Cowen Prime Advisors LLC now owns 171,930 shares of the semiconductor firm’s inventory value $908,000 after buying an extra 4,753 shares within the final quarter. Marshall Wace LLP elevated its holdings in GSI Know-how by 414.0% within the 2nd quarter. Marshall Wace LLP now owns 59,073 shares of the semiconductor firm’s inventory value $332,000 after buying an extra 47,580 shares within the final quarter. Lastly, Millennium Administration LLC acquired a brand new place in GSI Know-how within the 2nd quarter value about $916,000. 27.93% of the inventory is owned by institutional buyers.
NASDAQ:GSIT opened at $4.47 on Friday. The inventory has a fifty day shifting common worth of $5.26 and a 200-day shifting common worth of $5.33. The corporate has a market cap of $108.84 million, a price-to-earnings ratio of -5.66 and a beta of 0.69. GSI Know-how has a fifty-two week low of $4.42 and a fifty-two week excessive of $8.30.
GSI Know-how (NASDAQ:GSIT) final launched its earnings outcomes on Thursday, October twenty eighth. The semiconductor firm reported ($0.19) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.03. The agency had income of $7.80 million throughout the quarter. GSI Know-how had a adverse return on fairness of 25.56% and a adverse web margin of 61.13%.
About GSI Know-how
GSI Know-how, Inc engages within the design, growth and advertising of reminiscence merchandise primarily for the networking, and telecommunications markets. Its product contains Static Random Entry Reminiscence, or SRAM, which included in networking and telecommunications tools, corresponding to routers, switches, huge space community infrastructure tools, wi-fi base stations and community entry tools.
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