Valens Semiconductor (NYSE:VLN) VP Sells $44,243.45 in Stock

Valens Semiconductor, Ltd. (NYSE:VLN) VP Haine Yael Rozenberg sold 18,827 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $2.35, for a total transaction of $44,243.45. Following the sale, the vice president owned 145,275 shares in the company, valued at $341,396.25. This represents a 11.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Valens Semiconductor Trading Up 7.7%

Shares of NYSE:VLN opened at $2.44 on Friday. The company has a market cap of $251.85 million, a price-to-earnings ratio of -7.88 and a beta of 1.28. Valens Semiconductor, Ltd. has a 12 month low of $1.10 and a 12 month high of $3.71. The company has a 50-day moving average price of $2.36 and a 200 day moving average price of $1.83.

Valens Semiconductor (NYSE:VLN) last issued its quarterly earnings data 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 return on equity of 29.33% and a negative net margin of 44.67%.The company had revenue of $16.86 million for the quarter, compared to analysts’ expectations of $16.47 million. As a group, equities analysts forecast that Valens Semiconductor, Ltd. will post -0.28 EPS for the current year.

Institutional Trading of Valens Semiconductor

Institutional investors have recently added to or reduced their stakes in the company. Value Base Ltd. boosted its position in shares of Valens Semiconductor by 3.9% during 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 period. Marshall Wace LLP raised its holdings in shares of Valens Semiconductor by 56.4% in the fourth quarter. Marshall Wace LLP now owns 1,790,020 shares of the company’s stock worth $2,542,000 after buying an additional 645,782 shares during the period. ARK Investment Management LLC raised its holdings in shares of Valens Semiconductor by 68.3% in the fourth quarter. ARK Investment Management LLC now owns 1,164,756 shares of the company’s stock worth $1,654,000 after buying an additional 472,876 shares during the period. Millennium Management LLC lifted its stake in shares of Valens Semiconductor by 373.5% during the 4th quarter. Millennium Management LLC now owns 461,404 shares of the company’s stock worth $655,000 after acquiring an additional 363,951 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake 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 worth $969,000 after acquiring an additional 291,076 shares during the last quarter. Institutional investors own 33.90% of the company’s stock.

Analyst Upgrades and Downgrades

VLN has been the topic of several recent research reports. Needham & Company LLC increased their price target on Valens Semiconductor from $3.00 to $4.00 and gave the company a “buy” rating in a 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 raised shares of Valens Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Valens Semiconductor has an average rating of “Hold” and a consensus price target of $4.00.

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.