indie Semiconductor (NASDAQ:INDI) CEO Donald Mcclymont Sells 188,700 Shares

Key Points

• Donald Mcclymont, CEO of indie Semiconductor, sold a total of 188,700 shares of the company's stock on September 22nd for $756,687, reducing his ownership by 58.19%.
• Following recent trades, Mcclymont now holds 135,602 shares valued at approximately $543,764, as indie Semiconductor's stock price has fluctuated between a one-year low of $1.53 and a high of $5.57.
• Despite difficulties reflected in the company's negative earnings per share and revenue decline, Wall Street analysts maintain a consensus rating of "Moderate Buy" with a target price of around $5.90.

indie Semiconductor, Inc. (NASDAQ:INDI - Get Free Report) CEO Donald Mcclymont sold 188,700 shares of the company's stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $4.01, for a total value of $756,687.00. Following the sale, the chief executive officer owned 135,602 shares in the company, valued at approximately $543,764.02. The trade was a 58.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Donald Mcclymont also recently made the following trade(s):

• On Monday, September 15th, Donald Mcclymont sold 11,300 shares of indie Semiconductor stock. The shares were sold at an average price of $4.00, for a total value of $45,200.00.
• On Friday, September 12th, Donald Mcclymont sold 150,000 shares of indie Semiconductor stock. The shares were sold at an average price of $3.87, for a total value of $580,500.00.
• On Monday, September 8th, Donald Mcclymont sold 41,986 shares of indie Semiconductor stock. The shares were sold at an average price of $4.22, for a total value of $177,180.92.

indie Semiconductor Trading Down 0.5%

Shares of indie Semiconductor stock traded down $0.02 on Wednesday, hitting $3.96. 3,150,941 shares of the company's stock traded hands, compared to its average volume of 3,599,415. indie Semiconductor, Inc. has a one year low of $1.53 and a one year high of $5.57. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.34 and a quick ratio of 3.72. The company has a fifty day moving average of $4.20 and a two-hundred day moving average of $3.18. The company has a market capitalization of $856.03 million, a price-to-earnings ratio of -4.71 and a beta of 2.31.

indie Semiconductor (NASDAQ:INDI - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.08). The business had revenue of $51.63 million for the quarter, compared to analyst estimates of $51.40 million. indie Semiconductor had a negative return on equity of 28.43% and a negative net margin of 71.98%.The company's quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.09) earnings per share. indie Semiconductor has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that indie Semiconductor, Inc. will post -0.54 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on INDI shares. Wall Street Zen upgraded indie Semiconductor from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Benchmark reiterated a "buy" rating and issued a $8.00 price target (up previously from $6.00) on shares of indie Semiconductor in a report on Wednesday, June 25th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $5.90.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of INDI. Kera Capital Partners Inc. bought a new position in shares of indie Semiconductor in the first quarter valued at approximately $31,000. Nisa Investment Advisors LLC lifted its holdings in shares of indie Semiconductor by 356.3% in the second quarter. Nisa Investment Advisors LLC now owns 9,651 shares of the company's stock valued at $34,000 after purchasing an additional 7,536 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of indie Semiconductor by 32.7% in the first quarter. National Bank of Canada FI now owns 17,852 shares of the company's stock valued at $36,000 after purchasing an additional 4,400 shares in the last quarter. Ethic Inc. purchased a new stake in shares of indie Semiconductor during the second quarter valued at approximately $36,000. Finally, Evergreen Capital Management LLC purchased a new stake in shares of indie Semiconductor during the second quarter valued at approximately $37,000. 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.

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