Valens Semiconductor (NYSE:VLN) SVP Amir Boim Sells 8,507 Shares

Valens Semiconductor, Ltd. (NYSE:VLN) SVP Amir Boim sold 8,507 shares of Valens Semiconductor stock in a transaction on Friday, May 29th. The stock was sold at an average price of $3.55, for a total value of $30,199.85. Following the sale, the senior vice president owned 403,968 shares in the company, valued at $1,434,086.40. The trade was a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amir Boim also recently made the following trade(s):

• On Thursday, May 28th, Amir Boim sold 1,431 shares of Valens Semiconductor stock. The stock was sold at an average price of $3.50, for a total value of $5,008.50.

Valens Semiconductor Price Performance

NYSE VLN opened at $3.36 on Tuesday. The stock has a market capitalization of $345.84 million, a price-to-earnings ratio of -10.83 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 business’s fifty day moving average is $2.03 and its 200-day moving average is $1.75.

Valens Semiconductor (NYSE:VLN) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $16.47 million. Research analysts expect that Valens Semiconductor, Ltd. will post -0.31 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VLN. Creative Planning bought a new position in shares of Valens Semiconductor in the second quarter worth approximately $213,000. JPMorgan Chase & Co. increased its position 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 worth $226,000 after purchasing an additional 69,439 shares during the last quarter. Marshall Wace LLP grew its position in Valens Semiconductor by 84.5% during 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 during the last quarter. Oppenheimer & Co. Inc. grew its position in Valens Semiconductor by 116.4% during 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 during the last quarter. Finally, IGP Investments G.P.L.P LP grew its position in Valens Semiconductor by 0.9% during 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 during the last quarter. 33.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

VLN has been the topic of a number of recent research reports. Weiss Ratings upgraded shares of Valens Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, April 22nd. Needham & Company LLC upped their price target on shares of Valens Semiconductor from $3.00 to $4.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Finally, Wall Street Zen upgraded shares of Valens Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Valens Semiconductor presently has a consensus rating of “Hold” and an average price target of $4.00.

Valens Semiconductor Company Profile

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.