indie Semiconductor (NASDAQ:INDI) President Sells $293,250.00 in Stock

indie Semiconductor, Inc. (NASDAQ:INDI) President Ichiro Aoki sold 75,000 shares of the stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $3.91, for a total value of $293,250.00. Following the completion of the sale, the president directly owned 82,634 shares in the company, valued at $323,098.94. This represents a 47.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Ichiro Aoki also recently made the following trade(s):

• On Thursday, November 13th, Ichiro Aoki sold 250,000 shares of indie Semiconductor stock. The stock was sold at an average price of $3.92, for a total value of $980,000.00.
• On Monday, September 8th, Ichiro Aoki sold 8,877 shares of indie Semiconductor stock. The stock was sold at an average price of $4.22, for a total transaction of $37,460.94.
• On Tuesday, September 2nd, Ichiro Aoki sold 4,770 shares of indie Semiconductor stock. The shares were sold at an average price of $4.25, for a total transaction of $20,272.50.

indie Semiconductor Stock Down 6.0%

NASDAQ INDI traded down $0.23 on Monday, hitting $3.62. 4,558,714 shares of the stock were exchanged, compared to its average volume of 4,187,764. indie Semiconductor, Inc. has a fifty-two week low of $1.53 and a fifty-two week high of $6.05. The company has a 50-day moving average price of $4.57 and a 200-day moving average price of $3.91. The company has a quick ratio of 3.18, a current ratio of 3.75 and a debt-to-equity ratio of 0.86. The company has a market cap of $795.07 million, a PE ratio of -4.83 and a beta of 2.38.

indie Semiconductor (NASDAQ:INDI) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). The firm had revenue of $53.68 million during the quarter, compared to analyst estimates of $53.98 million. indie Semiconductor had a negative net margin of 66.84% and a negative return on equity of 28.84%. indie Semiconductor’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.09) earnings per share. indie Semiconductor has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that indie Semiconductor, Inc. will post -0.54 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently issued reports on INDI. Wall Street Zen cut indie Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Roth Capital reaffirmed a “buy” rating and issued a $8.00 price target on shares of indie Semiconductor in a report on Wednesday, October 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of indie Semiconductor in a research note on Wednesday, October 8th. Finally, UBS Group boosted their price objective on shares of indie Semiconductor from $4.50 to $5.00 and gave the stock a “hold” rating in a research report on Monday, November 10th. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $6.60.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in INDI. Primecap Management Co. CA lifted its stake in indie Semiconductor by 1.9% in the second quarter. Primecap Management Co. CA now owns 29,160,176 shares of the company’s stock valued at $103,810,000 after buying an additional 536,790 shares during the last quarter. Bamco Inc. NY increased its holdings in shares of indie Semiconductor by 23.5% in the 2nd quarter. Bamco Inc. NY now owns 25,294,776 shares of the company’s stock valued at $90,049,000 after acquiring an additional 4,813,397 shares during the period. Frontier Capital Management Co. LLC increased its holdings in shares of indie Semiconductor by 29.9% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 17,960,663 shares of the company’s stock valued at $63,940,000 after acquiring an additional 4,139,349 shares during the period. Vanguard Group Inc. raised its position in indie Semiconductor by 9.6% in the 3rd quarter. Vanguard Group Inc. now owns 15,283,185 shares of the company’s stock valued at $62,203,000 after purchasing an additional 1,334,145 shares during the last quarter. Finally, Elemental Capital Partners LLC acquired a new stake in indie Semiconductor during the 3rd quarter worth $30,979,000. Hedge funds and other institutional investors own 67.73% of the company’s stock.

indie Semiconductor Company Profile

indie Semiconductor, Inc provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicle, in-cabin, connected car, and electrification applications in the United States, South America, rest of North America, Greater China, South Korea, rest of the Asia Pacific, and Europe.