GSI Technology, Inc. $GSIT Holdings Boosted by Silverberg Bernstein Capital Management LLC

Key Points

• Silverberg Bernstein Capital Management LLC increased its stake in GSI Technology by 31.1%, now holding 688,464 shares, making it the firm's 17th largest position.
• Other institutional investors have also shown interest, with Two Sigma Advisers LP and Essex Investment Management Co. buying new positions valued at approximately $33,000 and $69,000, respectively.
• GSI Technology's stock is currently trading at around $3.42, with a negative P/E ratio of -6.33 and a market cap of approximately $99.49 million.

Silverberg Bernstein Capital Management LLC grew its stake in shares of GSI Technology, Inc. (NASDAQ:GSIT - Free Report) by 31.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 688,464 shares of the semiconductor company's stock after acquiring an additional 163,511 shares during the quarter. GSI Technology comprises approximately 1.6% of Silverberg Bernstein Capital Management LLC's portfolio, making the stock its 17th biggest position. Silverberg Bernstein Capital Management LLC owned approximately 2.47% of GSI Technology worth $2,313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of GSIT. Two Sigma Advisers LP purchased a new stake in shares of GSI Technology in the fourth quarter worth approximately $33,000. Essex Investment Management Co. LLC purchased a new position in shares of GSI Technology in the 1st quarter valued at about $69,000. Jones Financial Companies Lllp purchased a new stake in shares of GSI Technology in the first quarter valued at approximately $80,000. Northern Trust Corp lifted its stake in GSI Technology by 30.7% during the fourth quarter. Northern Trust Corp now owns 40,733 shares of the semiconductor company's stock worth $123,000 after purchasing an additional 9,557 shares in the last quarter. Finally, Two Sigma Investments LP raised its stake in shares of GSI Technology by 19.0% in the fourth quarter. Two Sigma Investments LP now owns 69,960 shares of the semiconductor company's stock valued at $212,000 after acquiring an additional 11,149 shares in the last quarter. Hedge funds and other institutional investors own 33.15% of the company's stock.

GSI Technology Stock Performance

NASDAQ:GSIT traded down $0.02 during mid-day trading on Friday, reaching $3.66. The stock had a trading volume of 254,917 shares, compared to its average volume of 148,690. The business has a 50 day simple moving average of $3.70 and a 200 day simple moving average of $3.24. GSI Technology, Inc. has a twelve month low of $1.62 and a twelve month high of $5.89. The firm has a market capitalization of $106.47 million, a price-to-earnings ratio of -6.78 and a beta of 1.20.

GSI Technology (NASDAQ:GSIT - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The semiconductor company reported ($0.08) EPS for the quarter. The firm had revenue of $6.28 million during the quarter. GSI Technology had a negative return on equity of 43.27% and a negative net margin of 62.96%. GSI Technology has set its Q2 2026 guidance at EPS.

Insider Activity

In other GSI Technology news, VP Avidan Akerib sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $3.89, for a total value of $38,900.00. Following the transaction, the vice president owned 23,307 shares in the company, valued at approximately $90,664.23. This represents a 30.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 25.40% of the stock is owned by corporate insiders.

About GSI Technology

GSI Technology, Inc designs, develops, and markets semiconductor memory solutions to networking, industrial, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally. It offers associative processing unit products, which are focuses on applications using similarity search in visual search queries for ecommerce, computer vision, drug discovery, cyber security, and service markets.