Ichiro Aoki Sells 8,877 Shares of indie Semiconductor (NASDAQ:INDI) Stock

Key Points

• Ichiro Aoki, President of indie Semiconductor, sold 8,877 shares of stock for approximately $37,460.94, resulting in a 9.70% decrease in his ownership.
• indie Semiconductor reported earnings of ($0.08) per share for the last quarter, matching analysts' estimates, with revenue of $51.63 million, slightly above consensus expectations.
• Analysts have a consensus rating of "Moderate Buy" for indie Semiconductor, with an average price target of $5.90 per share.

indie Semiconductor, Inc. (NASDAQ:INDI - Get Free Report) President Ichiro Aoki sold 8,877 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $4.22, for a total transaction of $37,460.94. Following the completion of the sale, the president directly owned 82,634 shares of the company's stock, valued at $348,715.48. This trade represents a 9.70% decrease in their position. The sale 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 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 0.5%

Shares of INDI stock traded down $0.02 during mid-day trading on Friday, reaching $3.88. 6,437,782 shares of the company were exchanged, compared to its average volume of 3,013,320. indie Semiconductor, Inc. has a fifty-two week low of $1.53 and a fifty-two week high of $5.57. The company has a debt-to-equity ratio of 0.81, a quick ratio of 3.72 and a current ratio of 4.34. The company has a market capitalization of $838.74 million, a P/E ratio of -4.62 and a beta of 2.31. The business's 50 day simple moving average is $4.21 and its 200 day simple moving average is $3.13.

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

Wall Street Analysts Forecast Growth

INDI has been the subject of a number of recent analyst reports. Wall Street Zen raised shares of indie Semiconductor from a "sell" rating to a "hold" rating in a research report on Saturday. Benchmark reissued a "buy" rating and set a $8.00 price target (up previously from $6.00) on shares of indie Semiconductor in a research report on Wednesday, June 25th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $5.90.

Hedge Funds Weigh In On indie Semiconductor

A number of hedge funds have recently added to or reduced their stakes in INDI. Kera Capital Partners Inc. acquired a new position in indie Semiconductor in the first quarter worth $31,000. Nisa Investment Advisors LLC boosted its holdings in indie Semiconductor by 356.3% in the second quarter. Nisa Investment Advisors LLC now owns 9,651 shares of the company's stock worth $34,000 after purchasing an additional 7,536 shares during the period. National Bank of Canada FI boosted its holdings in indie Semiconductor by 32.7% in the first quarter. National Bank of Canada FI now owns 17,852 shares of the company's stock worth $36,000 after purchasing an additional 4,400 shares during the period. Ethic Inc. acquired a new position in indie Semiconductor in the second quarter worth $36,000. Finally, Evergreen Capital Management LLC acquired a new position in indie Semiconductor in the second quarter worth $37,000. Institutional investors and hedge funds 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.