Amir Boim Sells 8,507 Shares of Valens Semiconductor (NYSE:VLN) Stock

Valens Semiconductor, Ltd. (NYSE:VLN) 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 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. The trade was a 2.06% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 stock was sold at an average price of $3.50, for a total value of $5,008.50.

Valens Semiconductor Price Performance

NYSE VLN opened at $3.32 on Wednesday. The stock’s 50 day simple moving average is $2.03 and its 200 day simple moving average is $1.75. Valens Semiconductor, Ltd. has a one year low of $1.10 and a one year high of $3.71. The firm has a market cap of $341.82 million, a PE ratio of -10.70 and a beta of 1.28.

Valens Semiconductor (NYSE:VLN) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. The firm had revenue of $16.86 million during the quarter, compared to the consensus estimate 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 analysts expect that Valens Semiconductor, Ltd. will post -0.31 earnings per share for the current year.

Institutional Investors Weigh In On Valens Semiconductor

Institutional investors and hedge funds have recently made changes to their positions in the company. Creative Planning acquired a new position in shares of Valens Semiconductor during the second quarter valued at $213,000. JPMorgan Chase & Co. increased 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 purchasing an additional 69,439 shares during the period. Marshall Wace LLP raised its holdings in Valens Semiconductor by 84.5% during the 2nd quarter. Marshall Wace LLP now owns 520,062 shares of the company’s stock worth $1,368,000 after purchasing an additional 238,228 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings 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 last quarter. Finally, IGP Investments G.P.L.P LP lifted its position in Valens Semiconductor by 0.9% during the 3rd quarter. IGP Investments G.P.L.P LP now owns 3,489,790 shares of the company’s stock valued at $6,247,000 after purchasing an additional 29,790 shares during the period. Institutional investors own 33.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on VLN shares. Needham & Company LLC upped 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. Wall Street Zen raised shares of Valens Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $4.00.

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.