Valens Semiconductor (NYSE:VLN) Trading Up 0.2% – Still a Buy?

Shares of Valens Semiconductor, Ltd. (NYSE:VLN) were up 0.2% during mid-day trading on Wednesday . The company traded as high as $2.05 and last traded at $2.0350. Approximately 1,095,197 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 1,950,550 shares. The stock had previously closed at $2.03.

Analyst Upgrades and Downgrades

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

Valens Semiconductor Stock Down 1.2%

The stock has a market cap of $223.58 million, a price-to-earnings ratio of -6.66 and a beta of 1.34. The stock’s fifty day moving average is $2.57 and its 200-day moving average is $1.89.

Valens Semiconductor (NYSE:VLN) last posted its earnings results 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 net margin of 44.67% and a negative return on equity of 29.33%. The company had revenue of $16.86 million for the quarter, compared to analyst estimates of $16.47 million. As a group, equities research analysts predict that Valens Semiconductor, Ltd. will post -0.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, VP Haine Yael Rozenberg sold 18,827 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was 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 of the company’s stock, valued at $341,396.25. This trade represents a 11.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Amir Boim sold 8,507 shares of Valens Semiconductor stock in a transaction dated Friday, May 29th. The shares were 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 in the company, valued at $1,434,086.40. This trade represents a 2.06% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 141,527 shares of company stock worth $367,919. Corporate insiders own 58.92% of the company’s stock.

Institutional Trading of Valens Semiconductor

Several hedge funds have recently bought and sold shares of the stock. Engineers Gate Manager LP bought a new stake in shares of Valens Semiconductor in the fourth quarter worth $27,000. HRT Financial LP bought a new position in Valens Semiconductor in the fourth quarter valued at $53,000. XTX Topco Ltd increased its stake in Valens Semiconductor by 56.8% in the 4th quarter. XTX Topco Ltd now owns 45,692 shares of the company’s stock valued at $65,000 after buying an additional 16,557 shares during the last quarter. Man Group plc bought a new stake in Valens Semiconductor during the 4th quarter worth about $78,000. Finally, Creative Planning acquired a new position in shares of Valens Semiconductor during the 2nd quarter worth about $213,000. 33.90% of the stock is currently owned by institutional investors and hedge funds.

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.