Insiders who acquired US$140k price of GSI Technology, Inc.’s (NASDAQ:GSIT) inventory at a mean worth of US$3.27 previously 12 months could also be dismayed by the current 16% worth decline. This is just not good as insiders make investments based mostly on expectations that their cash will respect over time. However, because of current losses, their unique funding is now price solely US$67k.

Although we do not suppose shareholders ought to merely observe insider transactions, we do suppose it’s completely logical to maintain tabs on what insiders are doing.

View our latest analysis for GSI Technology

The Last 12 Months Of Insider Transactions At GSI Technology

Over the final 12 months, we are able to see that the most important insider buy was by Independent Director Ruey Lu for US$79k price of shares, at about US$3.22 per share. So it is clear an insider wished to purchase, even at the next worth than the present share worth (being US$1.57). While their view could have modified because the buy was made, this does a minimum of counsel they’ve had confidence within the firm’s future. To us, it is essential to contemplate the worth insiders pay for shares. Generally talking, it catches our eye when insiders have bought shares at above present costs, because it suggests they believed the shares have been price shopping for, even at the next worth.

GSI Technology insiders could have purchased shares within the final 12 months, however they did not promote any. You can see the insider transactions (by firms and people) during the last 12 months depicted within the chart beneath. If you click on on the chart, you possibly can see all the person transactions, together with the share worth, particular person, and the date!

GSI Technology is just not the one inventory insiders are shopping for. So take a peek at this free list of growing companies with insider buying.

Does GSI Technology Boast High Insider Ownership?

I like to take a look at what number of shares insiders personal in an organization, to assist inform my view of how aligned they’re with insiders. I reckon it is a good signal if insiders personal a major variety of shares within the firm. Insiders personal 31% of GSI Technology shares, price about US$12m. We’ve definitely seen larger ranges of insider possession elsewhere, however these holdings are sufficient to counsel alignment between insiders and the opposite shareholders.

So What Does This Data Suggest About GSI Technology Insiders?

It would not actually imply a lot that no insider has traded GSI Technology shares within the final quarter. On a brighter observe, the transactions during the last 12 months are encouraging. Overall we do not see something to make us suppose GSI Technology insiders are doubting the corporate, and so they do personal shares. In addition to realizing about insider transactions happening, it is useful to determine the dangers going through GSI Technology. To assist with this, we have found 3 warning signs (1 is a bit disagreeable!) that you simply ought to pay attention to earlier than shopping for any shares in GSI Technology.

Of course, you may discover a implausible funding by trying elsewhere. So take a peek at this free list of interesting companies.

For the needs of this text, insiders are these people who report their transactions to the related regulatory physique. We at the moment account for open market transactions and personal tendencies, however not by-product transactions.

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This article by Simply Wall St is normal in nature. We present commentary based mostly on historic knowledge and analyst forecasts solely utilizing an unbiased methodology and our articles should not supposed to be monetary recommendation. It doesn’t represent a suggestion to purchase or promote any inventory, and doesn’t take account of your targets, or your monetary state of affairs. We purpose to carry you long-term targeted evaluation pushed by elementary knowledge. Note that our evaluation could not issue within the newest price-sensitive firm bulletins or qualitative materials. Simply Wall St has no place in any shares talked about.