Key Points
- Valens Semiconductor SVP David Chairman sold 4,000 shares on May 8 at an average price of $2.54, bringing in $10,160. The sale reduced his ownership by about 0.98% and was made under a pre-arranged Rule 10b5-1 plan.
- This follows a run of recent insider selling by Chairman, including multiple sales in mid- and late-April at prices ranging from $1.47 to $1.67 per share.
- Valens Semiconductor recently reported a quarterly EPS loss of $0.04, slightly worse than expected, while revenue of $19.4 million topped estimates. Analysts currently rate the stock Hold with a consensus price target of $3.00.
Valens Semiconductor, Ltd. (NYSE:VLN - Get Free Report) SVP David Chairman sold 4,000 shares of the company's stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $2.54, for a total value of $10,160.00. Following the completion of the sale, the senior vice president owned 403,968 shares of the company's stock, valued at $1,026,078.72. This trade represents a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
David Chairman also recently made the following trade(s):
- On Thursday, April 23rd, David Chairman sold 3,600 shares of Valens Semiconductor stock. The shares were sold at an average price of $1.67, for a total value of $6,012.00.
- On Wednesday, April 22nd, David Chairman sold 400 shares of Valens Semiconductor stock. The shares were sold at an average price of $1.65, for a total value of $660.00.
- On Thursday, April 16th, David Chairman sold 2,384 shares of Valens Semiconductor stock. The shares were sold at an average price of $1.50, for a total value of $3,576.00.
- On Wednesday, April 15th, David Chairman sold 5,616 shares of Valens Semiconductor stock. The shares were sold at an average price of $1.47, for a total value of $8,255.52.
Valens Semiconductor Stock Performance
VLN opened at $2.84 on Tuesday. Valens Semiconductor, Ltd. has a one year low of $1.10 and a one year high of $3.34. The stock has a market capitalization of $293.07 million, a PE ratio of -9.17 and a beta of 1.09. The business's 50 day moving average price is $1.51 and its 200 day moving average price is $1.60.
Valens Semiconductor (NYSE:VLN - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.01). Valens Semiconductor had a negative net margin of 44.72% and a negative return on equity of 27.00%. The business had revenue of $19.40 million during the quarter, compared to analyst estimates of $18.78 million. As a group, equities research analysts forecast that Valens Semiconductor, Ltd. will post -0.31 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of research analysts recently commented on VLN shares. Weiss Ratings upgraded Valens Semiconductor from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday, April 22nd. Wall Street Zen cut Valens Semiconductor from a "hold" rating to a "sell" rating in a report on Saturday, February 28th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $3.00.
Read Our Latest Analysis on VLN
Hedge Funds Weigh In On Valens Semiconductor
Several large investors have recently bought and sold shares of the business. Value Base Ltd. increased its holdings in Valens Semiconductor by 3.9% in the fourth quarter. Value Base Ltd. now owns 21,473,311 shares of the company's stock valued at $30,492,000 after buying an additional 812,482 shares during the last quarter. IGP Investments G.P.L.P LP increased its holdings in Valens Semiconductor by 0.9% in the third 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 buying an additional 29,790 shares during the last quarter. Marshall Wace LLP increased its holdings in Valens Semiconductor by 56.4% in the fourth quarter. Marshall Wace LLP now owns 1,790,020 shares of the company's stock valued at $2,542,000 after buying an additional 645,782 shares during the last quarter. ARK Investment Management LLC increased its holdings in Valens Semiconductor by 68.3% in the fourth quarter. ARK Investment Management LLC now owns 1,164,756 shares of the company's stock valued at $1,654,000 after buying an additional 472,876 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in Valens Semiconductor by 116.4% in the third quarter. Oppenheimer & Co. Inc. now owns 541,148 shares of the company's stock valued at $969,000 after buying an additional 291,076 shares during the last quarter. Hedge funds and other institutional investors own 33.90% of the company's stock.
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
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