During the last session, Valens Semiconductor Ltd (NYSE:VLN)’s traded shares were 0.55 million, with the beta value of the company hitting 0.25. At the end of the trading day, the stock’s price was $2.39, reflecting an intraday gain of 6.70% or $0.15. The 52-week high for the VLN share is $3.50, that puts it down -46.44 from that peak though still a striking 30.13% gain since the share price plummeted to a 52-week low of $1.67. The company’s market capitalization is $252.67M, and the average intraday trading volume over the past 10 days was 0.43 million shares, and the average trade volume was 362.65K shares over the past three months.
Valens Semiconductor Ltd (VLN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. VLN has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.03.
Valens Semiconductor Ltd (NYSE:VLN) trade information
Valens Semiconductor Ltd (VLN) registered a 6.70% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.70% in intraday trading to $2.39, hitting a weekly high. The stock’s 5-day price performance is 19.50%, and it has moved by 9.13% in 30 days. Based on these gigs, the overall price performance for the year is 0.84%. The short interest in Valens Semiconductor Ltd (NYSE:VLN) is 0.27 million shares and it means that shorts have 1.35 day(s) to cover.
Valens Semiconductor Ltd (VLN) estimates and forecasts
In the rating firms’ projections, revenue will increase 28.07% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 16.48M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 17.9M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 11.56M and 13.6M respectively. In this case, analysts expect current quarter sales to grow by 42.53% and then jump by 31.65% in the coming quarter.
VLN Dividends
Valens Semiconductor Ltd is due to release its next quarterly earnings on 2025-Feb-25. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Valens Semiconductor Ltd (NYSE:VLN)’s Major holders
Valens Semiconductor Ltd insiders own 7.96% of total outstanding shares while institutional holders control 39.39%, with the float percentage being 42.79%. LINSE CAPITAL LLC is the largest shareholder of the company, while 56.0 institutions own stock in it. As of 2024-06-30, the company held over 11.19 million shares (or 10.6497% of all shares), a total value of $35.7 million in shares.
The next largest institutional holding, with 2.24 million shares, is of CLAL INSURANCE ENTERPRISES HOLDINGS LTD’s that is approximately 2.1318% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.15 million.
Also, the Mutual Funds coming in first place with the largest holdings of Valens Semiconductor Ltd (VLN) shares are Columbia Funds Series Trust I-Columbia Small Cap Value Fund I and ARK ETF Trust-ARK Israel Innovative Technology ETF . Data provided on Jan 31, 2025 indicates that Columbia Funds Series Trust I-Columbia Small Cap Value Fund I owns about 1.02 shares. This amounts to just over 0.96 percent of the company’s overall shares, with a $2.43 million market value. The same data shows that the other fund manager holds slightly less at 567.75, or about 0.53% of the stock, which is worth about $1.36 million.
