Valens Semiconductor, Ltd. (NYSE:VLN – Get Free Report) SVP Amir Boim sold 8,507 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $3.55, for a total transaction of $30,199.85. Following the sale, the senior vice president directly owned 403,968 shares of the company’s stock, valued at approximately $1,434,086.40. This trade represents a 2.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Amir Boim also recently made the following trade(s):
- On Thursday, May 28th, Amir Boim sold 1,431 shares of Valens Semiconductor stock. The shares were sold at an average price of $3.50, for a total transaction of $5,008.50.
Valens Semiconductor Stock Performance
VLN stock opened at $3.22 on Thursday. The firm has a fifty day moving average price of $2.11 and a 200 day moving average price of $1.77. Valens Semiconductor, Ltd. has a fifty-two week low of $1.10 and a fifty-two week high of $3.71. The firm has a market cap of $331.61 million, a PE ratio of -10.38 and a beta of 1.28.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on VLN. Wall Street Zen raised shares of Valens Semiconductor from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings raised shares of Valens Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, April 22nd. Finally, Needham & Company LLC raised their target price on shares of Valens Semiconductor from $3.00 to $4.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $4.00.
Read Our Latest Stock Report on Valens Semiconductor
Institutional Trading of Valens Semiconductor
A number of institutional investors have recently bought and sold shares of VLN. Creative Planning bought a new stake in Valens Semiconductor in the second quarter worth $213,000. JPMorgan Chase & Co. lifted its position in Valens Semiconductor by 417.3% in the second quarter. JPMorgan Chase & Co. now owns 86,081 shares of the company’s stock worth $226,000 after buying an additional 69,439 shares during the last quarter. Marshall Wace LLP lifted its position in Valens Semiconductor by 84.5% in the second quarter. Marshall Wace LLP now owns 520,062 shares of the company’s stock worth $1,368,000 after buying an additional 238,228 shares during the last quarter. Oppenheimer & Co. Inc. lifted its position in 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 during the last quarter. Finally, IGP Investments G.P.L.P LP lifted its position in Valens Semiconductor by 0.9% in the third quarter. IGP Investments G.P.L.P LP now owns 3,489,790 shares of the company’s stock worth $6,247,000 after buying an additional 29,790 shares during the last quarter. 33.90% of the stock is currently owned by institutional investors.
Valens Semiconductor Company Profile
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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