Insider Selling: Valens Semiconductor (NYSE:VLN) VP Sells 18,827 Shares of Stock

Valens Semiconductor, Ltd. (NYSE:VLNGet Free Report) VP Haine Yael Rozenberg sold 18,827 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $2.35, for a total value of $44,243.45. Following the completion of the sale, the vice president directly owned 145,275 shares in the company, valued at approximately $341,396.25. This trade represents a 11.47% decrease in their position. The sale was disclosed in a legal 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 Down 2.7%

VLN traded down $0.07 during trading on Tuesday, reaching $2.39. 1,844,956 shares of the company were exchanged, compared to its average volume of 2,670,625. Valens Semiconductor, Ltd. has a 52 week low of $1.10 and a 52 week high of $3.71. The firm has a 50 day moving average of $2.29 and a 200 day moving average of $1.82. The stock has a market cap of $245.77 million, a P/E ratio of -7.66 and a beta of 1.28.

Valens Semiconductor (NYSE:VLNGet Free Report) last posted its earnings results 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. The company had revenue of $16.86 million for the quarter, compared to analysts’ expectations 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, analysts forecast that Valens Semiconductor, Ltd. will post -0.28 earnings per share for the current fiscal year.

Institutional Trading of Valens Semiconductor

A number of institutional investors have recently made changes to their positions in the stock. Value Base Ltd. boosted its holdings in shares of Valens Semiconductor by 3.9% in the fourth quarter. Value Base Ltd. now owns 21,473,311 shares of the company’s stock valued at $30,492,000 after acquiring an additional 812,482 shares in the last quarter. IGP Investments G.P.L.P LP raised its holdings 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 worth $6,247,000 after purchasing an additional 29,790 shares in the last quarter. Marshall Wace LLP lifted its position in 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 purchasing an additional 645,782 shares during the period. Renaissance Technologies LLC lifted its position in Valens Semiconductor by 14.9% in the first quarter. Renaissance Technologies LLC now owns 1,311,700 shares of the company’s stock worth $1,482,000 after purchasing an additional 170,444 shares during the period. Finally, ARK Investment Management LLC boosted its stake in Valens Semiconductor by 68.3% during the 4th quarter. ARK Investment Management LLC now owns 1,164,756 shares of the company’s stock valued at $1,654,000 after purchasing an additional 472,876 shares in the last quarter. 33.90% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Read Our Latest Research Report on VLN

About Valens Semiconductor

(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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