Today, the CFO of GSI Technology, Douglas Schirle, exercised options of GSI Technology (NASDAQ: GSIT) for $154.1K.
In addition to Douglas Schirle, 2 other GSIT executives reported Sell trades in the last month.
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Based on GSI Technology’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $11.19 million and quarterly net profit of $265K. In comparison, last year the company earned revenue of $10.39 million and had a GAAP net loss of $1.35 million. Currently, GSI Technology has an average volume of 23.23K.
In the last 30 days, insiders have sold $154.1K worth of GSIT shares and purchased $462.7K worth of GSIT shares. The insider sentiment on GSI Technology has been positive according to 20 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Douglas Schirle’s trades have generated a 21.6% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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GSI Technology, Inc. designs, develops and markets high performance memory products for networking, military, medical, automotive and other applications. It offers long product support life cycles, short lead times, the largest high performance memory product portfolio in the market and complete pre and post-sale support.
