Valens Semiconductor (NYSE:VLN) SVP Sells $30,199.85 in Stock

Valens Semiconductor, Ltd. (NYSE:VLN) SVP Amir Boim sold 8,507 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $3.55, for a total transaction of $30,199.85. Following the completion of the transaction, the senior vice president owned 403,968 shares of the company’s stock, valued at approximately $1,434,086.40. This trade represents a 2.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amir Boim also recently made the following trade(s):

• On Thursday, May 28th, Amir Boim sold 1,431 shares of Valens Semiconductor stock. The stock was sold at an average price of $3.50, for a total value of $5,008.50.

Valens Semiconductor Stock Performance

Shares of VLN traded down $0.18 during mid-day trading on Monday, hitting $3.36. 1,052,823 shares of the company were exchanged, compared to its average volume of 2,504,056. Valens Semiconductor, Ltd. has a 1-year low of $1.10 and a 1-year high of $3.71. The company has a 50 day moving average of $1.99 and a 200-day moving average of $1.74. The stock has a market cap of $345.73 million, a price-to-earnings ratio of -10.82 and a beta of 1.28.

Valens Semiconductor (NYSE:VLN) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.01. Valens Semiconductor had a negative net margin of 44.67% and a negative return on equity of 29.33%. The firm had revenue of $16.86 million during the quarter, compared to the consensus estimate of $16.47 million. Research analysts anticipate that Valens Semiconductor, Ltd. will post -0.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VLN. Weiss Ratings raised Valens Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, April 22nd. Needham & Company LLC lifted their target price on shares of Valens Semiconductor from $3.00 to $4.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Finally, Wall Street Zen raised Valens Semiconductor from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $4.00.

Institutional Investors Weigh In On Valens Semiconductor

Several hedge funds have recently modified their holdings of VLN. Creative Planning acquired a new stake in Valens Semiconductor in the second quarter valued at about $213,000. JPMorgan Chase & Co. lifted its holdings in Valens Semiconductor by 417.3% in the second quarter. JPMorgan Chase & Co. now owns 86,081 shares of the company’s stock valued at $226,000 after acquiring an additional 69,439 shares during the period. Marshall Wace LLP lifted its position in shares of Valens Semiconductor by 84.5% during the 2nd quarter. Marshall Wace LLP now owns 520,062 shares of the company’s stock valued at $1,368,000 after acquiring an additional 238,228 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of Valens Semiconductor by 116.4% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 541,148 shares of the company’s stock valued at $969,000 after acquiring an additional 291,076 shares during the period. Finally, IGP Investments G.P.L.P LP lifted its position in shares of Valens Semiconductor by 0.9% during the 3rd quarter. IGP Investments G.P.L.P LP now owns 3,489,790 shares of the company’s stock valued at $6,247,000 after acquiring an additional 29,790 shares during the period. 33.90% of the stock is owned by institutional investors and hedge funds.

About Valens Semiconductor

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.