Valens Semiconductor (NYSE:VLN) Director Sells $60,804.25 in Stock

Valens Semiconductor, Ltd. (NYSE:VLNGet Free Report) Director – Toledano Adi Yarel sold 17,225 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $3.53, for a total value of $60,804.25. Following the completion of the transaction, the director owned 164,253 shares of the company’s stock, valued at approximately $579,813.09. This represents a 9.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

– Toledano Adi Yarel also recently made the following trade(s):

  • On Thursday, May 28th, – Toledano Adi Yarel sold 5,100 shares of Valens Semiconductor stock. The stock was sold at an average price of $3.50, for a total value of $17,850.00.
  • On Wednesday, May 13th, – Toledano Adi Yarel sold 19,179 shares of Valens Semiconductor stock. The stock was sold at an average price of $3.02, for a total value of $57,920.58.
  • On Thursday, April 30th, – Toledano Adi Yarel sold 38,358 shares of Valens Semiconductor stock. The stock was sold at an average price of $2.28, for a total value of $87,456.24.

Valens Semiconductor Stock Down 2.8%

NYSE VLN opened at $3.22 on Thursday. The stock has a market cap of $331.61 million, a PE ratio of -10.38 and a beta of 1.28. Valens Semiconductor, Ltd. has a fifty-two week low of $1.10 and a fifty-two week high of $3.71. The business has a 50 day moving average price of $2.11 and a two-hundred day moving average price of $1.77.

Valens Semiconductor (NYSE:VLNGet Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. The firm had revenue of $16.86 million during the quarter, compared to analysts’ expectations of $16.47 million. Valens Semiconductor had a negative return on equity of 29.33% and a negative net margin of 44.67%. Sell-side analysts anticipate that Valens Semiconductor, Ltd. will post -0.28 EPS for the current fiscal year.

Hedge Funds Weigh In On Valens Semiconductor

Several large investors have recently added to or reduced their stakes in VLN. Value Base Ltd. lifted its stake in Valens Semiconductor by 3.9% during the fourth quarter. Value Base Ltd. now owns 21,473,311 shares of the company’s stock worth $30,492,000 after purchasing an additional 812,482 shares during the last quarter. Marshall Wace LLP lifted its stake in Valens Semiconductor by 56.4% during the fourth quarter. Marshall Wace LLP now owns 1,790,020 shares of the company’s stock worth $2,542,000 after purchasing an additional 645,782 shares during the last quarter. ARK Investment Management LLC lifted its stake in Valens Semiconductor by 68.3% during the fourth quarter. ARK Investment Management LLC now owns 1,164,756 shares of the company’s stock worth $1,654,000 after purchasing an additional 472,876 shares during the last quarter. Millennium Management LLC lifted its stake in Valens Semiconductor by 373.5% during the fourth quarter. Millennium Management LLC now owns 461,404 shares of the company’s stock worth $655,000 after purchasing an additional 363,951 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in Valens Semiconductor by 116.4% during the third quarter. Oppenheimer & Co. Inc. now owns 541,148 shares of the company’s stock worth $969,000 after purchasing an additional 291,076 shares during the last quarter. 33.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on VLN shares. Weiss Ratings upgraded Valens Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, April 22nd. Needham & Company LLC increased their target price on Valens Semiconductor from $3.00 to $4.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Finally, Wall Street Zen upgraded Valens Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $4.00.

Check Out Our Latest Analysis on Valens Semiconductor

Valens Semiconductor Company Profile

(Get Free Report)

Valens Semiconductor Corp. is a provider of high-speed connectivity solutions, specializing in semiconductor chipsets that enable the transmission of uncompressed video, audio and data over common cabling such as twisted-pair and coax. The company’s flagship technology, HDBaseT, supports the simultaneous delivery of multiple signal types—including HDMI, USB, Ethernet and power—over a single cable. This multi-service approach addresses the growing demands of both consumer electronics and automotive infotainment systems, where bandwidth, reliability and low latency are critical.

Founded in 2012 and headquartered in Israel, Valens maintains research and development operations across North America, Europe and Asia.

Further Reading

Insider Buying and Selling by Quarter for Valens Semiconductor (NYSE:VLN)

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