Silverberg Bernstein Capital Management LLC Boosts Stock Holdings in GSI Technology, Inc. $GSIT

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 raised its holdings in shares of GSI Technology, Inc. (NASDAQ:GSIT - Free Report) by 31.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 688,464 shares of the semiconductor company's stock after purchasing an additional 163,511 shares during the period. GSI Technology accounts for about 1.6% of Silverberg Bernstein Capital Management LLC's portfolio, making the stock its 17th largest position. Silverberg Bernstein Capital Management LLC owned 2.47% of GSI Technology worth $2,313,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Two Sigma Advisers LP purchased a new position in GSI Technology during the 4th quarter valued at about $33,000. Essex Investment Management Co. LLC purchased a new position in GSI Technology during the 1st quarter valued at about $69,000. Two Sigma Investments LP increased its position in GSI Technology by 19.0% during the 4th quarter. Two Sigma Investments LP now owns 69,960 shares of the semiconductor company's stock valued at $212,000 after purchasing an additional 11,149 shares during the period. Northern Trust Corp boosted its holdings in shares of GSI Technology by 30.7% in the 4th quarter. Northern Trust Corp now owns 40,733 shares of the semiconductor company's stock valued at $123,000 after buying an additional 9,557 shares in the last quarter. Finally, Jones Financial Companies Lllp bought a new stake in shares of GSI Technology in the 1st quarter valued at about $80,000. Hedge funds and other institutional investors own 33.15% of the company's stock.

Insider Buying and Selling at GSI Technology

In other news, VP Avidan Akerib sold 10,000 shares of the firm's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $3.89, for a total value of $38,900.00. Following the sale, the vice president directly owned 23,307 shares in the company, valued at approximately $90,664.23. This trade represents a 30.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 25.40% of the company's stock.

GSI Technology Stock Performance

NASDAQ:GSIT opened at $3.42 on Tuesday. GSI Technology, Inc. has a fifty-two week low of $1.62 and a fifty-two week high of $5.89. The stock has a market capitalization of $99.49 million, a P/E ratio of -6.33 and a beta of 1.21. The company's 50-day simple moving average is $3.77 and its 200-day simple moving average is $3.22.

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

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.

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