indie Semiconductor (NASDAQ:INDI) President Sells $37,460.94 in 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 business's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $4.22, for a total transaction of $37,460.94. Following the completion of the transaction, the president directly owned 82,634 shares of the company's stock, valued at approximately $348,715.48. This represents a 9.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Tuesday, September 2nd, Ichiro Aoki sold 4,770 shares of indie Semiconductor stock. The stock was sold at an average price of $4.25, for a total transaction of $20,272.50.

indie Semiconductor Price Performance

Shares of NASDAQ INDI traded down $0.19 during trading on Tuesday, reaching $4.05. The company had a trading volume of 2,993,281 shares, compared to its average volume of 3,227,889. indie Semiconductor, Inc. has a 52 week low of $1.53 and a 52 week high of $5.57. The stock has a market cap of $875.49 million, a PE ratio of -4.82 and a beta of 2.31. 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 business's 50 day moving average price is $4.20 and its 200-day moving average price is $3.11.

indie Semiconductor (NASDAQ:INDI - Get Free Report) last announced its 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 company had revenue of $51.63 million during the quarter, compared to the consensus estimate of $51.40 million. During the same period in the previous year, the firm posted ($0.09) earnings per share. The company's revenue was down 1.5% on a year-over-year basis. indie Semiconductor has set its Q3 2025 guidance at EPS. Analysts expect that indie Semiconductor, Inc. will post -0.54 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Benchmark reiterated 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. Craig Hallum lowered their price target on shares of indie Semiconductor from $8.00 to $6.00 and set a "buy" rating for the company in a research report on Tuesday, May 13th. Finally, KeyCorp lowered their price target on shares of indie Semiconductor from $7.00 to $6.00 and set an "overweight" rating for the company in a research report on Tuesday, May 13th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $5.90.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of INDI. First Trust Advisors LP grew its holdings in indie Semiconductor by 39.4% during the fourth quarter. First Trust Advisors LP now owns 39,582 shares of the company's stock valued at $160,000 after purchasing an additional 11,181 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in indie Semiconductor by 16.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 62,859 shares of the company's stock valued at $255,000 after purchasing an additional 8,955 shares during the period. Northern Trust Corp grew its holdings in indie Semiconductor by 8.4% during the fourth quarter. Northern Trust Corp now owns 1,535,552 shares of the company's stock valued at $6,219,000 after purchasing an additional 118,642 shares during the period. Jane Street Group LLC grew its holdings in indie Semiconductor by 48.1% during the fourth quarter. Jane Street Group LLC now owns 253,806 shares of the company's stock valued at $1,028,000 after purchasing an additional 82,449 shares during the period. Finally, BNP Paribas Financial Markets acquired a new position in indie Semiconductor during the fourth quarter valued at approximately $91,000. Institutional investors and hedge funds own 67.73% of the company's stock.

About indie Semiconductor

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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