Valens Semiconductor (NYSE:VLN) VP Haine Yael Rozenberg Sells 18,827 Shares

Valens Semiconductor, Ltd. (NYSE:VLNGet Free Report) VP Haine Yael Rozenberg sold 18,827 shares of the stock in a transaction that occurred 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 transaction, the vice president owned 145,275 shares of the company’s stock, valued at $341,396.25. This represents a 11.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Valens Semiconductor Stock Performance

NYSE VLN opened at $2.35 on Wednesday. The company has a market capitalization of $241.65 million, a P/E ratio of -7.56 and a beta of 1.28. Valens Semiconductor, Ltd. has a one year low of $1.10 and a one year high of $3.71. The stock has a 50 day moving average price of $2.32 and a 200-day moving average price of $1.82.

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

Institutional Trading of Valens Semiconductor

Several hedge funds and other institutional investors have recently bought and sold shares of VLN. Engineers Gate Manager LP purchased a new stake in Valens Semiconductor during the 4th quarter valued at $27,000. HRT Financial LP purchased a new stake in Valens Semiconductor during the 4th quarter valued at $53,000. XTX Topco Ltd raised its holdings in Valens Semiconductor by 56.8% during the 4th quarter. XTX Topco Ltd now owns 45,692 shares of the company’s stock valued at $65,000 after buying an additional 16,557 shares during the period. Man Group plc purchased a new stake in Valens Semiconductor during the 4th quarter valued at $78,000. Finally, Graham Capital Management L.P. raised its holdings in Valens Semiconductor by 48.6% during the 4th quarter. Graham Capital Management L.P. now owns 98,084 shares of the company’s stock valued at $139,000 after buying an additional 32,081 shares during the period. Hedge funds and other institutional investors own 33.90% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. 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 report on Wednesday, May 13th. Weiss Ratings upgraded Valens Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, April 22nd. Finally, Wall Street Zen upgraded 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 given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $4.00.

Read Our Latest Research Report 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.

Read More

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

Receive News & Ratings for Valens Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valens Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.