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Monday, January 30, 2023

There’s No Need To Panic Or Freeze When It Comes To Velodyne Lidar Inc. (NASDAQ: VLDR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Velodyne Lidar Inc. (VLDR) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $1.07. The Velodyne Lidar Inc. has recorded 33,666 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Velodyne Lidar Launches Vella Family of Software Products.

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Stocks Info

The company is listed on the NASDAQ and operates within the Scientific & Technical Instruments industry segment. At the end of the last regular session, the stock closed at $1.07 and fluctuated between $1.1000 as its day high and $0.9874 as its day low. The current market capitalization of Velodyne Lidar Inc. is $244.74M. A total of 3.02 million shares were traded on the day, compared to an average of 3.56M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, VLDR has seen 11 BUY and 16 SELL insider trades, representing the acquisition of 47,127 and the disposition of 61,376 shares. Over the last 12 months, there were 115 BUYs and 78 SELLs from insiders. Insiders purchased 12,545,258 shares during that period but sold 5,689,513.

In the most recent transaction, BOULET VIRGINIA bought 30,000 shares of VLDR for 0.99 per share on Nov 30. After the transaction, the Director now owns 243,028 company shares. In a previous transaction on Nov 10, Rekow Mathew sold 2,637 shares at 0.85 per share. VLDR shares that Chief Technology Officer owns now total 1,061,880.

Among the insiders who sold shares, Tewksbury Ted L III disposed of 18,563 shares on Nov 10 at a per-share price of $0.85. This resulted in the Chief Executive Officer holding 2,817,795 shares of VLDR after the transaction. In another insider transaction, McBeath Kathryn sold 893 shares at $0.85 per share on Nov 10. Company shares held by the Chief People Officer now total 547,661.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for VLDR in the last 3 months, the mean price target is $1.57 with high estimates of $3.00 and low estimates of $0.85. In terms of 52-week highs and lows, VLDR has a high of $5.62 and a low of $0.71.

As of this writing, VLDR has an earnings estimate of -$0.2 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.15 per share and a lower estimate of -$0.25. The company reported an EPS of -$0.22 in the last quarter, which was -22.20% lower than expectations of -$0.18.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VLDR is Overweight with a score of 2.50. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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