Michael Wittmann Sells 15,313 Shares of indie Semiconductor (NASDAQ:INDI) Stock

indie Semiconductor, Inc. (NASDAQ:INDI) COO Michael Wittmann sold 15,313 shares of the business’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $3.67, for a total value of $56,198.71. Following the transaction, the chief operating officer owned 111,385 shares of the company’s stock, valued at $408,782.95. The trade was a 12.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Michael Wittmann also recently made the following trade(s):

• On Tuesday, December 2nd, Michael Wittmann sold 37,500 shares of indie Semiconductor stock. The stock was sold at an average price of $3.74, for a total transaction of $140,250.00.

indie Semiconductor Stock Up 1.3%

Shares of NASDAQ INDI opened at $4.05 on Thursday. indie Semiconductor, Inc. has a 52-week low of $1.53 and a 52-week high of $6.05. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.18 and a current ratio of 3.75. The stock has a market cap of $889.50 million, a P/E ratio of -5.40 and a beta of 2.54. The firm has a 50 day moving average price of $4.01 and a 200 day moving average price of $4.20.

indie Semiconductor (NASDAQ:INDI) last announced its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $53.98 million. indie Semiconductor had a negative return on equity of 28.84% and a negative net margin of 66.84%.The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.09) earnings per share. Analysts expect that indie Semiconductor, Inc. will post -0.54 EPS for the current year.

Analyst Upgrades and Downgrades

INDI has been the topic of a number of research reports. UBS Group lifted their price target on shares of indie Semiconductor from $4.50 to $5.00 and gave the company a “hold” rating in a research note on Monday, November 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of indie Semiconductor in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of indie Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, December 13th. Finally, Roth Capital reissued a “buy” rating and issued a $8.00 price target on shares of indie Semiconductor in a research note on Wednesday, October 15th. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $6.60.

Institutional Investors Weigh In On indie Semiconductor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC boosted its stake in shares of indie Semiconductor by 356.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 9,651 shares of the company’s stock worth $34,000 after buying an additional 7,536 shares during the last quarter. Ethic Inc. bought a new stake in indie Semiconductor during the second quarter worth about $36,000. Evergreen Capital Management LLC acquired a new position in indie Semiconductor during the second quarter valued at approximately $37,000. Hsbc Holdings PLC grew its stake in indie Semiconductor by 36.5% in the first quarter. Hsbc Holdings PLC now owns 19,486 shares of the company’s stock valued at $39,000 after purchasing an additional 5,213 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in shares of indie Semiconductor during the 2nd quarter worth approximately $39,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.

More indie Semiconductor News

Here are the key news stories impacting indie Semiconductor this week:

• Positive Sentiment: Large strategic backlog and market exposure — Analysts and commentators highlight a roughly $7.4 billion strategic backlog and exposure to higher-growth end markets (automotive, robotics, quantum), which supports a longer-term upside thesis if the company can convert orders to revenue. Indie Semiconductor: Loaded For The Next Wave
• Neutral Sentiment: Recent results and analyst mix — Q3 results showed a small revenue miss ($53.68M vs. $53.98M consensus) and an EPS miss (reported -$0.07 vs. -$0.06), with wide negative margins and ongoing losses; analyst ratings are mixed (buy/hold/sell) and consensus price targets remain well above the current price, creating a bifurcated outlook. MarketBeat INDI summary
• Negative Sentiment: Cluster of insider sales by top executives — CEO Donald McClymont sold 82,957 shares (~$3.67 avg), CFO Naixi Wu sold 12,448 shares, COO Michael Wittmann sold 15,313 shares, and President Ichiro Aoki sold 7,188 shares on/around Jan. 5. Large, simultaneous reductions from senior management often raise near-term confidence concerns and can pressure the stock. SEC Filing – McClymont SEC Filing – Naixi Wu SEC Filing – Wittmann SEC Filing – Aoki
• Negative Sentiment: Bearish/critical analysis flags execution and cash-burn risk — Recent commentary argues it may be “too early” given slow sales conversion, reduced 2027 revenue targets and ongoing cash burn, which increases execution risk even with a sizable backlog. This critique can amplify downside if conversion timelines or cash runway worsen. Indie Semiconductor: Too Early, Slow Sales, And Cash Burn

About indie Semiconductor

indie Semiconductor, Inc is a fabless semiconductor company headquartered in San Jose, California, that specializes in advanced chip solutions for the automotive industry. The company designs and develops microcontrollers, sensor processing units, application processors and power management integrated circuits tailored for electric vehicles (EVs), advanced driver assistance systems (ADAS), infotainment and digital clusters. indie’s product portfolio aims to deliver high performance, energy efficiency and functional safety to meet stringent automotive requirements.

Originally formed as Integrated Memory Systems in 2021 through a business combination with a special purpose acquisition company, the firm rebranded to indie Semiconductor in early 2022.