GSI Technology (GSIT) CFO Douglas Schirle sells 30,000 Shares

CFO of GSI Technology (GSIT, Financial) Douglas Schirle sells 30,000 shares of GSIT on 11/30/2009 at an average price of $5.01 a share.

GSI TECHNOLOGY, INC. is a leading provider of high-performance static random access memory, or SRAM, products primarily incorporated in networking and telecommunications equipment. Headquartered in Santa Clara, California, GSI Technology is ISO 9001 certified and has worldwide factory and sales locations. GSI Technology is focused on providing leadership telecom and networking solutions. The Company's products can be found in a range of networking and telecommunications equipment, including multi-service access routers, universal gateways, enterprise edge routers, service provider edge routers, optical edge routers, fast Ethernet switches, gigabit Ethernet switches, wireless base stations, asymmetric digital subscriber line modems, wireless local area networks, Internet protocol phones and OC192 layer two switches. Gsi Technology has a market cap of $125.8 million; its shares were traded at around $4.672 with a P/E ratio of 18 and P/S ratio of 2.

Insiders' Positions with GSIT

  • Sell:: President, CEO and Chairman Lee-lean Shu sold 21,300 shares of GSIT stock on 07/15/2009 at the average price of 4, the price of the stock has increased by 16.8% since

  • Sell:: President, CEO and Chairman Lee-lean Shu sold 8,700 shares of GSIT stock on 07/13/2009 at the average price of 4, the price of the stock has increased by 16.8% since