Valens Semiconductor, Ltd. (NYSE:VLN – Get Free Report) Director – Toledano Adi Yarel sold 19,179 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $3.02, for a total transaction of $57,920.58. Following the sale, the director directly owned 164,253 shares in the company, valued at approximately $496,044.06. This trade represents a 10.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
– Toledano Adi Yarel also recently made the following trade(s):
- On Thursday, April 30th, – Toledano Adi Yarel sold 38,358 shares of Valens Semiconductor stock. The stock was sold at an average price of $2.28, for a total transaction of $87,456.24.
Valens Semiconductor Stock Up 15.4%
NYSE VLN opened at $3.40 on Friday. The company’s 50 day moving average is $1.60 and its 200-day moving average is $1.63. Valens Semiconductor, Ltd. has a 12-month low of $1.10 and a 12-month high of $3.50. The firm has a market cap of $350.78 million, a P/E ratio of -10.98 and a beta of 1.09.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on VLN shares. 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. Weiss Ratings upgraded Valens Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, April 22nd. Finally, Wall Street Zen downgraded shares of Valens Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $4.00.
Institutional Investors Weigh In On Valens Semiconductor
Several large investors have recently added to or reduced their stakes in VLN. Engineers Gate Manager LP bought a new position in Valens Semiconductor in the 4th quarter worth about $27,000. HRT Financial LP purchased a new position in shares of Valens Semiconductor during the fourth quarter worth about $53,000. XTX Topco Ltd grew its holdings in shares of 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 purchasing an additional 16,557 shares in the last quarter. Man Group plc bought a new position in shares of Valens Semiconductor in the fourth quarter worth approximately $78,000. Finally, Creative Planning bought a new position in shares of Valens Semiconductor in the second quarter worth approximately $213,000. Institutional investors own 33.90% of the company’s stock.
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.
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