Selling Buzz: GigaCloud Technology Inc [GCT] Chief Operating Officer Hao Xinyan sells 29,319 shares of the company

Anna Perez

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. GigaCloud Technology Inc shares valued at $923,774 were sold by Hao Xinyan on Nov 19 ’25. At $31.51 per share, Hao Xinyan sold 29,319 shares. The insider’s holdings dropped to 507,486 shares worth approximately $16.23 million following the completion of this transaction.

Also, Hao Xinyan sold 30,000 shares, netting a total of over 919,204 in proceeds. Following the sale of shares at $30.64 each, the insider now holds 536,805 shares.

Before that, Hao Xinyan had sold 30,000 shares from its account. In a trade valued at $909,597, the Chief Operating Officer traded GigaCloud Technology Inc shares for $30.32 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $18.13 million.

As published in a research note from ROTH MKM on March 04, 2025, GigaCloud Technology Inc [GCT] has been rated down from a Buy to a Neutral and the price target has been revised to $15 from $32. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in late July. As of May 22, 2024, Maxim Group has initiated its “Buy” rating for GCT. Earlier on June 16, 2023, ROTH MKM initiated its rating. Their recommendation was “a Buy” for GCT stock.

Analyzing GCT Stock Performance

On last trading session, GigaCloud Technology Inc [NASDAQ: GCT] rose 1.72% to $31.98. The stock’s lowest price that day was $31.1161, but it reached a high of $32.45 in the same session. During the last five days, there has been a drop of approximately -0.44%. Over the course of the year, GigaCloud Technology Inc shares have jumped approximately 53.31%. Shares of the company reached a 52-week high of $34.50 on 08/18/25 and a 52-week low of $11.17 on 04/11/25.

Support And Resistance Levels for GigaCloud Technology Inc (GCT)

According to the 24-hour chart, there is a support level at 31.25, which, if violated, would cause prices to drop to 30.51. In the upper region, resistance lies at 32.58. The next price resistance is at 33.18. RSI (Relative Strength Index) is 58.22 on the 14-day chart, showing neutral technical sentiment.

Is GigaCloud Technology Inc subject to short interest?

Stocks of GigaCloud Technology Inc saw a sharp rise in short interest on 2025-10-31 jumping by 45411.0 shares to 3.23 million. Data from Yahoo Finance shows that the short interest on 2025-09-30 was 3.19 million shares. A jump of 1.4% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.07 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.07.

Which companies own the most shares of GigaCloud Technology Inc (GCT)?

In terms of GigaCloud Technology Inc share price expectations, FactSet research, analysts set an average price target of 32.5 in the next 12 months, up nearly 3.37% from the previous closing price of $31.44. Analysts anticipate GigaCloud Technology Inc stock to reach 50 by 2025, with the lowest price target being 15. On October 03, 2022, Aegis Capital assigned a price target of “a Buy” to the stock and initiated coverage with a $26.

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