Brown Brothers Harriman & Co. Takes Position in Valens Semiconductor Ltd. (NYSE:VLN)

Brown Brothers Harriman & Co. acquired a new position in shares of Valens Semiconductor Ltd. (NYSE:VLN) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 41,975 shares of the company’s stock, valued at approximately $109,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VLN. Oppenheimer & Co. Inc. grew its holdings in Valens Semiconductor by 24.1% in the fourth quarter. Oppenheimer & Co. Inc. now owns 273,797 shares of the company’s stock worth $712,000 after purchasing an additional 53,155 shares during the last quarter. IGP Investments G.P.L.P LP purchased a new position in Valens Semiconductor during the 4th quarter worth $8,996,000. Finally, Value Base Ltd. acquired a new position in Valens Semiconductor during the 4th quarter valued at about $53,672,000. Hedge funds and other institutional investors own 33.90% of the company’s stock.

Valens Semiconductor Stock Performance

Valens Semiconductor stock opened at $2.05 on Wednesday. Valens Semiconductor Ltd. has a one year low of $1.67 and a one year high of $3.50. The stock has a market cap of $217.47 million, a PE ratio of -8.18 and a beta of 0.34. The stock has a 50-day moving average of $2.33 and a two-hundred day moving average of $2.25.

Valens Semiconductor 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.