Valens Semiconductor (NYSE:VLN) SVP David Chairman Sells 4,000 Shares of Stock

Valens Semiconductor, Ltd. (NYSE:VLN) SVP David Chairman sold 4,000 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $2.54, for a total value of $10,160.00. Following the sale, the senior vice president owned 403,968 shares in the company, valued at approximately $1,026,078.72. The trade was a 0.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

David Chairman also recently made the following trade(s):

• On Thursday, April 23rd, David Chairman sold 3,600 shares of Valens Semiconductor stock. The shares were sold at an average price of $1.67, for a total value of $6,012.00.
• On Wednesday, April 22nd, David Chairman sold 400 shares of Valens Semiconductor stock. The shares were sold at an average price of $1.65, for a total value of $660.00.
• On Thursday, April 16th, David Chairman sold 2,384 shares of Valens Semiconductor stock. The shares were sold at an average price of $1.50, for a total value of $3,576.00.
• On Wednesday, April 15th, David Chairman sold 5,616 shares of Valens Semiconductor stock. The shares were sold at an average price of $1.47, for a total value of $8,255.52.

Valens Semiconductor Stock Up 1.9%

Shares of Valens Semiconductor stock opened at $2.84 on Tuesday. Valens Semiconductor, Ltd. has a twelve month low of $1.10 and a twelve month high of $3.34. The business has a 50-day moving average price of $1.51 and a 200 day moving average price of $1.60. The firm has a market cap of $293.07 million, a PE ratio of -9.17 and a beta of 1.09.

Valens Semiconductor (NYSE:VLN) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Valens Semiconductor had a negative net margin of 44.72% and a negative return on equity of 27.00%. The business had revenue of $19.40 million during the quarter, compared to analysts’ expectations of $18.78 million. On average, sell-side analysts expect that Valens Semiconductor, Ltd. will post -0.31 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on VLN shares. Wall Street Zen lowered Valens Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. Weiss Ratings upgraded Valens Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Valens Semiconductor presently has an average rating of “Hold” and a consensus target price of $3.00.

Institutional Investors Weigh In On Valens Semiconductor

A number of large investors have recently made changes to their positions in the stock. XTX Topco Ltd grew 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 valued at $65,000 after purchasing an additional 16,557 shares in the last quarter. Millennium Management LLC grew 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 valued at $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 valued at approximately $78,000. Engineers Gate Manager LP purchased a new stake in shares of Valens Semiconductor in the fourth quarter valued at approximately $27,000. Finally, &PARTNERS purchased a new stake in shares of Valens Semiconductor in the fourth quarter valued at approximately $218,000. 33.90% of the stock is currently owned by hedge funds and other institutional investors.

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.