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

Valens Semiconductor, Ltd. (NYSE:VLNGet Free Report) SVP David Chairman sold 4,000 shares of Valens Semiconductor stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $2.54, for a total value of $10,160.00. Following the transaction, the senior vice president directly owned 403,968 shares in the company, valued at approximately $1,026,078.72. This trade represents a 0.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $1.47, for a total value of $8,255.52.

Valens Semiconductor Stock Down 5.4%

VLN opened at $2.70 on Wednesday. The firm has a market cap of $277.72 million, a price-to-earnings ratio of -8.69 and a beta of 1.09. Valens Semiconductor, Ltd. has a 52 week low of $1.10 and a 52 week high of $3.34. The business’s 50 day moving average is $1.53 and its two-hundred day moving average is $1.61.

Valens Semiconductor (NYSE:VLNGet Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.01). The company had revenue of $19.40 million for the quarter, compared to analysts’ expectations of $18.78 million. Valens Semiconductor had a negative net margin of 44.72% and a negative return on equity of 27.00%. Equities analysts expect that Valens Semiconductor, Ltd. will post -0.31 EPS for the current fiscal year.

Hedge Funds Weigh In On Valens Semiconductor

Several institutional investors and hedge funds have recently added to or reduced their stakes in VLN. Value Base Ltd. increased its position in Valens Semiconductor by 3.9% during the 4th quarter. Value Base Ltd. now owns 21,473,311 shares of the company’s stock worth $30,492,000 after purchasing an additional 812,482 shares during the period. Marshall Wace LLP increased its position in Valens Semiconductor by 56.4% during the 4th quarter. Marshall Wace LLP now owns 1,790,020 shares of the company’s stock worth $2,542,000 after purchasing an additional 645,782 shares during the period. ARK Investment Management LLC increased its position in Valens Semiconductor by 68.3% during the 4th quarter. ARK Investment Management LLC now owns 1,164,756 shares of the company’s stock worth $1,654,000 after purchasing an additional 472,876 shares during the period. Millennium Management LLC increased its position in Valens Semiconductor by 373.5% during the 4th quarter. Millennium Management LLC now owns 461,404 shares of the company’s stock worth $655,000 after purchasing an additional 363,951 shares during the period. Finally, Oppenheimer & Co. Inc. increased its position in Valens Semiconductor by 116.4% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 541,148 shares of the company’s stock worth $969,000 after purchasing an additional 291,076 shares during the period. Institutional investors and hedge funds own 33.90% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on Valens Semiconductor

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.

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