Insider Selling: Valens Semiconductor (NYSE:VLN) SVP Sells 4,000 Shares of Stock

by · The Cerbat Gem

Valens Semiconductor, Ltd. (NYSE:VLN – Get Free Report) SVP David Chairman sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $2.54, for a total transaction of $10,160.00. Following the transaction, the senior vice president directly owned 403,968 shares of the company’s stock, valued at $1,026,078.72. This represents a 0.98% decrease in their ownership of the stock. The sale was disclosed in a 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 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

VLN stock traded down $0.01 during midday trading on Monday, reaching $2.79. 1,957,429 shares of the company were exchanged, compared to its average volume of 2,309,939. Valens Semiconductor, Ltd. has a one year low of $1.10 and a one year high of $3.34. The firm has a market capitalization of $286.99 million, a price-to-earnings ratio of -8.98 and a beta of 1.09. The business has a 50-day moving average price of $1.46 and a two-hundred day moving average price of $1.59.

Valens Semiconductor (NYSE:VLN – Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $18.78 million. As a group, analysts anticipate that Valens Semiconductor, Ltd. will post -0.31 earnings per share for the current fiscal year.

Institutional Trading of Valens Semiconductor

Several hedge funds and other institutional investors have recently made changes to their positions in VLN. Value Base Ltd. grew its holdings in shares of Valens Semiconductor by 3.9% during the fourth 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 last quarter. Marshall Wace LLP grew its holdings in shares of Valens Semiconductor by 56.4% during the fourth 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 last quarter. ARK Investment Management LLC grew its holdings in shares of Valens Semiconductor by 68.3% during the fourth 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 last quarter. Millennium Management LLC grew its holdings in shares of Valens Semiconductor by 373.5% during the fourth 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 last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in Valens Semiconductor by 116.4% in the third quarter. Oppenheimer & Co. Inc. now owns 541,148 shares of the company’s stock valued at $969,000 after acquiring an additional 291,076 shares during the last quarter. 33.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Weiss Ratings raised Valens Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, April 22nd. Wall Street Zen downgraded Valens Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $3.00.

Read Our Latest Research Report on VLN

About Valens Semiconductor

(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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