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 that occurred 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 transaction, the senior vice president owned 403,968 shares of the company’s stock, valued at $1,434,086.40. This represents a 2.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 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 traded down $0.18 during trading hours on Monday, hitting $3.36. The company had a trading volume of 1,052,823 shares, compared to its average volume of 2,504,056. Valens Semiconductor, Ltd. has a fifty-two week low of $1.10 and a fifty-two week high of $3.71. The firm’s 50 day moving average is $1.99 and its 200 day moving average is $1.74. The company has a market capitalization of $345.73 million, a price-to-earnings ratio of -10.82 and a beta of 1.28.

Valens Semiconductor (NYSE:VLN) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.05) EPS 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 firm had revenue of $16.86 million during the quarter, compared to the consensus estimate of $16.47 million. On average, equities analysts anticipate that Valens Semiconductor, Ltd. will post -0.31 EPS for the current year.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Valens Semiconductor

Hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC lifted its position in shares of 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 in the last quarter. XTX Topco Ltd lifted its position in shares of Valens Semiconductor by 56.8% in the fourth quarter. XTX Topco Ltd now owns 45,692 shares of the company’s stock worth $65,000 after purchasing an additional 16,557 shares in the last quarter. Millennium Management LLC lifted its position in shares of Valens Semiconductor by 373.5% in the fourth quarter. Millennium Management LLC now owns 461,404 shares of the company’s stock worth $655,000 after purchasing an additional 363,951 shares in the last quarter. Man Group plc purchased a new stake in shares of Valens Semiconductor in the fourth quarter worth approximately $78,000. Finally, Engineers Gate Manager LP purchased a new stake in shares of Valens Semiconductor in the fourth quarter worth approximately $27,000. 33.90% of the stock is owned by hedge funds and other institutional investors.

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.