Short Interest in Valens Semiconductor, Ltd. (NYSE:VLN) Rises By 157.5%

Valens Semiconductor, Ltd. (NYSE:VLNGet Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,665,574 shares, an increase of 157.5% from the April 30th total of 646,920 shares. Currently, 3.9% of the company’s stock are short sold. Based on an average daily volume of 4,729,473 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analyst Weigh In

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

View Our Latest Analysis on VLN

Insiders Place Their Bets

In related news, Director – Toledano Adi Yarel sold 19,179 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $3.02, for a total transaction of $57,920.58. Following the completion of the sale, the director owned 164,253 shares in the company, valued at $496,044.06. The trade was a 10.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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. Insiders sold a total of 85,037 shares of company stock worth $196,985 in the last three months. 58.92% of the stock is owned by insiders.

Institutional Investors Weigh In On Valens Semiconductor

Large investors have recently modified their holdings of the stock. Engineers Gate Manager LP purchased a new stake in shares of Valens Semiconductor during the fourth quarter worth approximately $27,000. HRT Financial LP acquired a new position in Valens Semiconductor during the fourth quarter worth $53,000. XTX Topco Ltd grew its holdings in Valens Semiconductor by 56.8% during the fourth quarter. XTX Topco Ltd now owns 45,692 shares of the company’s stock worth $65,000 after acquiring an additional 16,557 shares during the period. Man Group plc acquired a new position in Valens Semiconductor during the fourth quarter worth $78,000. Finally, Creative Planning acquired a new position in Valens Semiconductor during the second quarter worth $213,000. Hedge funds and other institutional investors own 33.90% of the company’s stock.

Valens Semiconductor Trading Up 0.1%

Shares of Valens Semiconductor stock traded up $0.01 during trading hours on Friday, hitting $3.51. 4,483,153 shares of the company were exchanged, compared to its average volume of 3,601,198. Valens Semiconductor has a 1 year low of $1.10 and a 1 year high of $3.71. The business has a 50-day moving average of $1.99 and a 200-day moving average of $1.74. The stock has a market capitalization of $361.19 million, a price-to-earnings ratio of -11.31 and a beta of 1.28.

Valens Semiconductor (NYSE:VLNGet Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.05) EPS 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 business had revenue of $16.86 million during the quarter, compared to analysts’ expectations of $16.47 million. As a group, research analysts anticipate that Valens Semiconductor will post -0.31 earnings per share for the current fiscal year.

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

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