Gsi Technology Inc (NASDAQ:GSIT) Shifting Institutional Investors Sentiment

September 14, 2018 - By Jacob Maslow

GSI Technology, Inc. (NASDAQ:GSIT) Logo

Sentiment for Gsi Technology Inc (NASDAQ:GSIT)

Gsi Technology Inc (NASDAQ:GSIT) institutional sentiment decreased to 0.73 in 2018 Q2. Its down -0.22, from 0.95 in 2018Q1. The ratio dived, as 19 investment managers increased or started new positions, while 26 cut down and sold holdings in Gsi Technology Inc. The investment managers in our partner’s database now have: 6.27 million shares, down from 6.61 million shares in 2018Q1. Also, the number of investment managers holding Gsi Technology Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 8 Reduced: 18 Increased: 8 New Position: 11.

GSI Technology, Inc., a fabless semiconductor company, designs, develops, and markets memory products primarily for the networking and telecommunications markets in the United States, China, Singapore, and internationally. The company has market cap of $139.54 million. It offers synchronous static random access memory products, such as BurstRAMs for microprocessor cache applications; No Bus Turnaround SRAMs to address the needs of moderate performance networking applications; SigmaQuad and SigmaDDR products that are double data rate and quad data rate synchronous SRAMs; and radiation-hardened SRAMs for aerospace and military applications, such as networking satellites. It currently has negative earnings. The firm also provides low latency dynamic random access memory products; and bandwidth engine products.

The stock increased 1.58% or $0.1 during the last trading session, reaching $6.41. About 6,353 shares traded. GSI Technology, Inc. (NASDAQ:GSIT) has declined 9.16% since September 14, 2017 and is downtrending. It has underperformed by 24.78% the S&P500.

Roumell Asset Management Llc holds 6.98% of its portfolio in GSI Technology, Inc. for 413,377 shares. Ariel Investments Llc owns 1.70 million shares or 0.14% of their US portfolio. Moreover, Menta Capital Llc has 0.05% invested in the company for 29,291 shares. The United Kingdom-based Lmr Partners Llp has invested 0.02% in the stock. Bluecrest Capital Management Ltd, a Guernsey-based fund reported 64,427 shares.

Since January 1, 0001, it had 0 buys, and 2 sales for $263,219 activity.

Another recent and important GSI Technology, Inc. (NASDAQ:GSIT) news was published by Globenewswire.com which published an article titled: “GSI Technology Announces Participation in Sidoti & Company Fall 2018 Investor Conference” on September 06, 2018.

GSI Technology, Inc. (NASDAQ:GSIT) Institutional Positions Chart

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