Valens Semiconductor (NYSE:VLN) Given New $4.00 Price Target at Needham & Company LLC

Valens Semiconductor (NYSE:VLN) had its price objective hoisted by equities research analysts at Needham & Company LLC from $3.00 to $4.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC’s price objective suggests a potential upside of 37.22% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. Wall Street Zen cut 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $4.00.

Valens Semiconductor Stock Performance

Shares of VLN stock traded up $0.22 on Wednesday, hitting $2.92. The company’s stock had a trading volume of 4,303,548 shares, compared to its average volume of 2,383,822. Valens Semiconductor has a fifty-two week low of $1.10 and a fifty-two week high of $3.34. The stock’s 50 day moving average is $1.53 and its 200-day moving average is $1.61. The company has a market capitalization of $300.39 million, a PE ratio of -9.37 and a beta of 1.09.

Valens Semiconductor (NYSE:VLN) last posted its quarterly earnings data 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 return on equity of 27.00% and a negative net margin of 44.72%.The firm had revenue of $19.40 million for the quarter, compared to the consensus estimate of $18.78 million. On average, research analysts forecast that Valens Semiconductor will post -0.31 earnings per share for the current year.

Insider Activity

In related news, Director – Toledano Adi Yarel sold 38,358 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $2.28, for a total transaction of $87,456.24. Following the completion of the sale, the director owned 183,432 shares in the company, valued at approximately $418,224.96. This trade represents a 17.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 61,858 shares of company stock worth $127,145 in the last three months. Company insiders own 58.92% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VLN. Engineers Gate Manager LP purchased a new position in shares of Valens Semiconductor in the 4th quarter valued at $27,000. HRT Financial LP purchased a new position in shares of Valens Semiconductor in the 4th quarter valued at $53,000. XTX Topco Ltd increased 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 valued at $65,000 after acquiring an additional 16,557 shares during the period. Man Group plc acquired a new stake in shares of Valens Semiconductor in the 4th quarter worth $78,000. Finally, Graham Capital Management L.P. boosted its position 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 in the last quarter. 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.