David Chairman Sells 4,000 Shares of Valens Semiconductor (NYSE:VLN) Stock

Valens Semiconductor, Ltd. (NYSE:VLNGet Free Report) SVP David Chairman sold 4,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $2.98, for a total transaction of $11,920.00. Following the completion of the sale, the senior vice president owned 403,968 shares of the company’s stock, valued at approximately $1,203,824.64. This trade represents a 0.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

David Chairman also recently made the following trade(s):

  • On Friday, May 8th, David Chairman sold 4,000 shares of Valens Semiconductor stock. The shares were sold at an average price of $2.54, for a total transaction of $10,160.00.
  • On Thursday, April 23rd, David Chairman sold 3,600 shares of Valens Semiconductor stock. The stock was sold at an average price of $1.67, for a total transaction of $6,012.00.
  • On Wednesday, April 22nd, David Chairman sold 400 shares of Valens Semiconductor stock. The stock was sold at an average price of $1.65, for a total transaction of $660.00.
  • On Thursday, April 16th, David Chairman sold 2,384 shares of Valens Semiconductor stock. The stock was sold at an average price of $1.50, for a total transaction of $3,576.00.
  • On Wednesday, April 15th, David Chairman sold 5,616 shares of Valens Semiconductor stock. The stock was sold at an average price of $1.47, for a total transaction of $8,255.52.

Valens Semiconductor Stock Down 9.6%

NYSE:VLN opened at $3.05 on Friday. Valens Semiconductor, Ltd. has a fifty-two week low of $1.10 and a fifty-two week high of $3.50. The stock has a market cap of $313.79 million, a PE ratio of -9.82 and a beta of 1.09. The firm’s fifty day simple moving average is $1.63 and its 200-day simple moving average is $1.64.

Valens Semiconductor (NYSE:VLNGet Free Report) last posted its quarterly earnings results on Wednesday, May 13th. 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 net margin of 44.67% and a negative return on equity of 29.33%. The business had revenue of $16.86 million for the quarter, compared to analysts’ expectations of $16.47 million. Equities analysts anticipate that Valens Semiconductor, Ltd. will post -0.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on VLN. Weiss Ratings raised shares of Valens Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, April 22nd. Wall Street Zen raised shares of Valens Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Needham & Company LLC upped their price target on shares of Valens Semiconductor from $3.00 to $4.00 and gave the stock a “buy” rating in a research note on Wednesday. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Valens Semiconductor has a consensus rating of “Hold” and a consensus price target of $4.00.

Get Our Latest Report on Valens Semiconductor

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. XTX Topco Ltd lifted its holdings in Valens Semiconductor by 56.8% in the 4th quarter. XTX Topco Ltd now owns 45,692 shares of the company’s stock valued at $65,000 after purchasing an additional 16,557 shares in the last quarter. Engineers Gate Manager LP purchased a new position in Valens Semiconductor in the 4th quarter valued at about $27,000. Two Sigma Investments LP lifted its holdings in Valens Semiconductor by 6.5% in the 3rd quarter. Two Sigma Investments LP now owns 359,194 shares of the company’s stock valued at $643,000 after purchasing an additional 21,834 shares in the last quarter. IGP Investments G.P.L.P LP lifted its holdings in Valens Semiconductor by 0.9% in 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 purchasing an additional 29,790 shares in the last quarter. Finally, Graham Capital Management L.P. lifted its holdings in Valens Semiconductor by 48.6% in the 4th quarter. Graham Capital Management L.P. now owns 98,084 shares of the company’s stock valued at $139,000 after purchasing an additional 32,081 shares in the last quarter. 33.90% of the stock is currently owned by hedge funds and other institutional investors.

Key Valens Semiconductor News

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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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