Valens Semiconductor, Ltd. (NYSE:VLN) Short Interest Up 157.5% in May

Valens Semiconductor, Ltd. (NYSE:VLN) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,665,574 shares, a growth of 157.5% from the April 30th total of 646,920 shares. Based on an average daily trading volume, of 4,729,473 shares, the days-to-cover ratio is presently 0.4 days. Approximately 3.9% of the shares of the company are sold short.

Valens Semiconductor Price Performance

Shares of Valens Semiconductor stock traded down $0.15 during trading on Monday, hitting $3.38. 1,085,929 shares of the company’s stock traded hands, compared to its average volume of 2,505,766. The firm’s fifty day moving average price is $1.99 and its 200 day moving average price is $1.74. Valens Semiconductor has a twelve month low of $1.10 and a twelve month high of $3.71. The company has a market cap of $348.31 million, a PE ratio of -10.89 and a beta of 1.28.

Valens Semiconductor (NYSE:VLN) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.01. The business had revenue of $16.86 million for the quarter, compared to analyst estimates of $16.47 million. Valens Semiconductor had a negative return on equity of 29.33% and a negative net margin of 44.67%. As a group, equities research analysts anticipate that Valens Semiconductor will post -0.31 earnings per share for the current year.

Insiders Place Their Bets

In other Valens Semiconductor news, SVP Amir Boim sold 8,507 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $3.55, for a total value of $30,199.85. Following the sale, the senior vice president owned 403,968 shares of the company’s stock, valued at $1,434,086.40. This trade represents a 2.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director – Toledano Adi Yarel sold 38,358 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $2.28, for a total value of $87,456.24. Following the completion of the sale, the director directly owned 183,432 shares in the company, valued at $418,224.96. This trade represents a 17.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 117,300 shares of company stock worth $310,848 over the last quarter. 58.92% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Valens Semiconductor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VLN. Engineers Gate Manager LP acquired a new position in Valens Semiconductor in the fourth quarter valued at about $27,000. HRT Financial LP acquired a new position in Valens Semiconductor in the fourth quarter worth $53,000. XTX Topco Ltd boosted its stake in Valens Semiconductor by 56.8% in the fourth quarter. XTX Topco Ltd now owns 45,692 shares of the company’s stock worth $65,000 after purchasing an additional 16,557 shares in the last quarter. Man Group plc acquired a new position in Valens Semiconductor in the fourth quarter worth $78,000. Finally, Graham Capital Management L.P. boosted its stake in Valens Semiconductor by 48.6% in the fourth 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 institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on VLN. Wall Street Zen raised Valens Semiconductor from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Needham & Company LLC raised their price target on shares of Valens Semiconductor from $3.00 to $4.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings upgraded shares of Valens Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $4.00.

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.