Yelin Lapidot Holdings Management Ltd. Decreases Stock Position in Valens Semiconductor Ltd. (NYSE:VLN)

Yelin Lapidot Holdings Management Ltd. trimmed its holdings in Valens Semiconductor Ltd. (NYSE:VLN) by 5.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 238,402 shares of the company’s stock after selling 14,448 shares during the period. Yelin Lapidot Holdings Management Ltd.’s holdings in Valens Semiconductor were worth $620,000 at the end of the most recent reporting period.

Separately, Oppenheimer & Co. Inc. increased its position in Valens Semiconductor by 24.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 273,797 shares of the company’s stock worth $712,000 after buying an additional 53,155 shares in the last quarter. Institutional investors and hedge funds own 33.90% of the company’s stock.

Valens Semiconductor Price Performance

Shares of NYSE VLN opened at $2.13 on Friday. The company has a 50-day simple moving average of $2.64 and a 200-day simple moving average of $2.25. The company has a market cap of $226.06 million, a PE ratio of -8.50 and a beta of 0.32. Valens Semiconductor Ltd. has a 12 month low of $1.67 and a 12 month high of $3.50.

Analyst Ratings Changes

Separately, ThinkEquity raised Valens Semiconductor to a “strong-buy” rating in a research note on Monday, December 2nd.

Valens Semiconductor Company Profile

Valens Semiconductor Ltd. engages in the provision of semiconductor products for the audio-video and automotive industries. The company offers HDBaseT technology, which enables the simultaneous delivery of ultra-high-definition digital video and audio, Ethernet, USB, control signals, and power through a single long-reach cable.