GCT Semiconductor

Broomfield, CO., June 18, 2025 (GLOBE NEWSWIRE) -- Broomfield, CO.» Mehr auf globenewswire.com

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Celebrates Major Milestone with Delivery of 5G Chipsets and Modules to Customers.» Mehr auf businesswire.com

Squarepoint Ops LLC purchased a new stake in GCT Semiconductor Holding, Inc. (NYSE:GCTS – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 19,199 shares of the company’s stock, valued at approximately $45,000. Separately, Rhumbline Advisers increased its holdings in shares of GCT Semiconductor by 798.1% in the 4th quarter. Rhumbline Advisers now owns 51,327 shares of the company’s stock valued at $120,000 after acquiring an additional 45,612 shares during the period. 28.06% of the stock is currently owned by institutional investors and hedge funds. Insiders Place Their Bets In related news, Director Hyunsoo Shin purchased 86,000 shares of the company’s stock in a transaction dated Tuesday, May 20th. The stock was acquired at an average cost of $1.18 per share, for a total transaction of $101,480.00. Following the completion of the transaction, the director now directly owns 170,248 shares of the company’s stock, valued at approximately $200,892.64. This trade represents a 102.08% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.21% of the stock is owned by company insiders. Analyst Ratings Changes Separately, Wall Street Zen cut GCT Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Thursday, May 22nd. Check Out Our Latest Report on GCTS GCT Semiconductor Stock Down 6.9% Shares of GCTS stock opened at $1.15 on Wednesday. The stock has a market cap of $55.50 million, a PE ratio of -2.60 and a beta of 1.04. The business has a 50-day simple moving average of $1.31 and a 200-day simple moving average of $1.90. GCT Semiconductor Holding, Inc. has a 52-week low of $0.90 and a 52-week high of $5.65. GCT Semiconductor (NYSE:GCTS – Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.05). The firm had revenue of $0.50 million during the quarter, compared to analyst estimates of $1.87 million. Sell-side analysts anticipate that GCT Semiconductor Holding, Inc. will post -0.3 earnings per share for the current fiscal year. GCT Semiconductor Profile (Free Report) GCT Semiconductor Holding, Inc, operates as a fabless semiconductor company, designs, develops, and markets integrated circuits for the wireless semiconductor industry. The company provides RF and modem chipsets based on 4G LTE technology, including 4G LTE, 4.5G LTE Advanced, and 4.75G LTE Advanced-Pro.» Mehr auf defenseworld.net