Valens Semiconductor (NYSE:VLN) SVP Sells $11,920.00 in Stock

Valens Semiconductor, Ltd. (NYSE:VLNGet Free Report) SVP David Chairman sold 4,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $2.98, for a total transaction of $11,920.00. Following the transaction, the senior vice president owned 403,968 shares of the company’s stock, valued at approximately $1,203,824.64. The trade was a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 Friday, May 8th, David Chairman sold 4,000 shares of Valens Semiconductor stock. The shares were sold at an average price of $2.54, for a total transaction of $10,160.00.
  • 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 transaction 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 transaction 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 transaction 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 transaction of $8,255.52.

Valens Semiconductor Price Performance

NYSE:VLN opened at $3.05 on Friday. The stock has a market cap of $313.79 million, a P/E ratio of -9.82 and a beta of 1.09. Valens Semiconductor, Ltd. has a one year low of $1.10 and a one year high of $3.50. The company has a fifty day moving average price of $1.63 and a 200 day moving average price of $1.64.

Valens Semiconductor (NYSE:VLNGet Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. The firm had revenue of $16.86 million for the quarter, compared to analyst estimates of $16.47 million. Valens Semiconductor had a negative net margin of 44.67% and a negative return on equity of 29.33%. As a group, equities research analysts anticipate that Valens Semiconductor, Ltd. will post -0.31 EPS for the current year.

More Valens Semiconductor News

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Institutional Investors Weigh In On Valens Semiconductor

Several large investors have recently made changes to their positions in VLN. Engineers Gate Manager LP bought a new stake in shares of Valens Semiconductor in the 4th quarter worth about $27,000. HRT Financial LP bought a new stake in shares of Valens Semiconductor in the 4th quarter worth about $53,000. XTX Topco Ltd grew its holdings in shares of Valens Semiconductor by 56.8% in the 4th quarter. XTX Topco Ltd now owns 45,692 shares of the company’s stock worth $65,000 after purchasing an additional 16,557 shares during the last quarter. Man Group plc bought a new stake in shares of Valens Semiconductor in the 4th quarter worth about $78,000. Finally, Graham Capital Management L.P. grew its holdings in shares of Valens Semiconductor by 48.6% in the 4th quarter. Graham Capital Management L.P. now owns 98,084 shares of the company’s stock worth $139,000 after purchasing an additional 32,081 shares during the last quarter. Institutional investors own 33.90% of the company’s stock.

Wall Street Analysts Forecast Growth

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

View Our Latest Analysis on VLN

Valens Semiconductor Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Valens Semiconductor (NYSE:VLN)

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