Barclays PLC raised its stake in GCT Semiconductor Holding, Inc. (NYSE:GCTS – Free Report) by 321.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 10,799 shares of the company’s stock after acquiring an additional 8,236 shares during the period. Barclays PLC’s holdings in GCT Semiconductor were worth $36,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. State Street Corp boosted its holdings in GCT Semiconductor by 10.9% during the third quarter. State Street Corp now owns 150,095 shares of the company’s stock worth $503,000 after purchasing an additional 14,786 shares during the last quarter. FMR LLC acquired a new position in GCT Semiconductor during the third quarter worth $134,000. Charles Schwab Investment Management Inc. boosted its holdings in GCT Semiconductor by 141.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 42,932 shares of the company’s stock worth $144,000 after purchasing an additional 25,183 shares during the last quarter. Rhumbline Advisers acquired a new position in GCT Semiconductor during the second quarter worth $37,000. Finally, Bank of New York Mellon Corp acquired a new position in GCT Semiconductor during the second quarter worth $89,000. Institutional investors own 28.06% of the company’s stock.
GCT Semiconductor Trading Down 2.7 %
Shares of GCTS stock opened at $2.51 on Friday. The company has a fifty day moving average price of $2.48 and a two-hundred day moving average price of $3.17. GCT Semiconductor Holding, Inc. has a one year low of $2.12 and a one year high of $56.00.
GCT Semiconductor Profile
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.
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