Valens Semiconductor, Ltd. (NYSE:VLN – Get Free Report) was the target of a large increase in short interest in 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. Approximately 3.9% of the company’s stock are sold short. Based on an average daily volume of 4,729,473 shares, the short-interest ratio is presently 0.4 days.
Valens Semiconductor Stock Up 0.1%
NYSE:VLN traded up $0.01 during mid-day trading on Friday, hitting $3.51. 4,483,153 shares of the company traded hands, compared to its average volume of 3,684,737. The stock’s fifty day moving average price is $1.99 and its 200-day moving average price is $1.74. Valens Semiconductor has a one year low of $1.10 and a one year high of $3.71. The firm has a market cap of $361.19 million, a price-to-earnings ratio of -11.31 and a beta of 1.09.
Valens Semiconductor (NYSE:VLN – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.05) EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $16.47 million. Equities analysts predict that Valens Semiconductor will post -0.31 EPS for the current year.
Insider Activity at Valens Semiconductor
Institutional Investors Weigh In On Valens Semiconductor
A number of hedge funds have recently made changes to their positions in VLN. Value Base Ltd. lifted its position in shares of Valens Semiconductor by 3.9% in the fourth quarter. Value Base Ltd. now owns 21,473,311 shares of the company’s stock worth $30,492,000 after buying an additional 812,482 shares in the last quarter. Marshall Wace LLP lifted its position in shares of Valens Semiconductor by 56.4% in the fourth quarter. Marshall Wace LLP now owns 1,790,020 shares of the company’s stock worth $2,542,000 after buying an additional 645,782 shares in the last quarter. ARK Investment Management LLC lifted its position in shares of Valens Semiconductor by 68.3% in the fourth quarter. ARK Investment Management LLC now owns 1,164,756 shares of the company’s stock worth $1,654,000 after buying an additional 472,876 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 buying an additional 363,951 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its position in shares of Valens Semiconductor by 116.4% in the third quarter. Oppenheimer & Co. Inc. now owns 541,148 shares of the company’s stock worth $969,000 after buying an additional 291,076 shares in the last quarter. 33.90% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. Needham & Company LLC lifted their price objective on Valens Semiconductor from $3.00 to $4.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Wall Street Zen raised Valens Semiconductor from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Weiss Ratings raised Valens Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $4.00.
Read Our Latest Stock Analysis on Valens Semiconductor
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.
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