Douglas Schirle, CFO of GSI Technology Inc. (NASDAQ:GSIT), sold 40,000 shares of common stock on May 14, 2026, for a total value of $452,928.
The shares were sold at prices ranging from $10.96 to $12.01, with a weighted average price of $11.3232 per share. The stock has delivered a 215% return over the past year.
The sale followed Schirle's acquisition of 40,000 shares on the same day through stock options at $4.99 per share, totaling $199,600. The options were originally granted on June 3, 2020, and expire on August 1, 2026.
After these transactions, Schirle directly holds 69,046 shares. According to Bond.az analysis, the stock appears overvalued at current levels relative to its Fair Value estimate.
In other recent news, GSI Technology reported Q4 fiscal 2026 revenue of $6.3 million, with annual revenue rising 22.4% to $25.1 million. However, the company posted a net loss per share of $0.13.
