Valens Semiconductor, Ltd. (NYSE:VLN - Get Free Report) VP Haine Yael Rozenberg sold 18,827 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $2.35, for a total value of $44,243.45. Following the sale, the vice president owned 145,275 shares in the company, valued at $341,396.25. The trade was a 11.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Valens Semiconductor Stock Down 4.3%
VLN stock opened at $2.35 on Wednesday. The business's fifty day simple moving average is $2.32 and its two-hundred day simple moving average is $1.82. Valens Semiconductor, Ltd. has a twelve month low of $1.10 and a twelve month high of $3.71. The firm has a market cap of $241.65 million, a price-to-earnings ratio of -7.56 and a beta of 1.28.
Valens Semiconductor (NYSE:VLN - Get Free Report) last released its 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. Valens Semiconductor had a negative return on equity of 29.33% and a negative net margin of 44.67%.The business had revenue of $16.86 million for the quarter, compared to analyst estimates of $16.47 million. Research analysts expect that Valens Semiconductor, Ltd. will post -0.28 EPS for the current year.
Analyst Ratings Changes
VLN has been the topic of a number of recent analyst reports. 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 stock 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 equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Valens Semiconductor currently has an average rating of "Hold" and an average target price of $4.00.
Read Our Latest Report on VLN
Institutional Trading of Valens Semiconductor
Several institutional investors and hedge funds have recently made changes to their positions in VLN. Creative Planning bought a new stake in shares of Valens Semiconductor in the second quarter valued at about $213,000. JPMorgan Chase & Co. raised its holdings in shares of 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 in the last quarter. Marshall Wace LLP raised its holdings in shares of Valens Semiconductor by 84.5% in the second 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 in the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of 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 acquiring an additional 291,076 shares in the last quarter. Finally, IGP Investments G.P.L.P LP raised its holdings in shares of 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 acquiring an additional 29,790 shares in the last quarter. 33.90% of the stock is currently owned by institutional investors.
Valens Semiconductor Company Profile
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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.
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