indie Semiconductor, Inc. $INDI Shares Sold by MYDA Advisors LLC

MYDA Advisors LLC decreased its holdings in shares of indie Semiconductor, Inc. (NASDAQ:INDI) by 18.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 530,000 shares of the company’s stock after selling 120,000 shares during the quarter. MYDA Advisors LLC’s holdings in indie Semiconductor were worth $1,079,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. National Bank of Canada FI raised its holdings in shares of indie Semiconductor by 32.7% in the 1st quarter. National Bank of Canada FI now owns 17,852 shares of the company’s stock valued at $36,000 after buying an additional 4,400 shares during the period. SlateStone Wealth LLC increased its stake in indie Semiconductor by 27.1% during the first quarter. SlateStone Wealth LLC now owns 22,100 shares of the company’s stock worth $45,000 after purchasing an additional 4,706 shares during the period. Invesco Ltd. increased its stake in indie Semiconductor by 5.5% during the fourth quarter. Invesco Ltd. now owns 93,328 shares of the company’s stock worth $378,000 after purchasing an additional 4,879 shares during the period. Hsbc Holdings PLC boosted its stake in shares of 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 during the period. Finally, Bank of New York Mellon Corp boosted its stake in shares of indie Semiconductor by 1.1% in the first quarter. Bank of New York Mellon Corp now owns 498,931 shares of the company’s stock valued at $1,015,000 after purchasing an additional 5,322 shares during the period. 67.73% of the stock is currently owned by institutional investors and hedge funds.

indie Semiconductor Price Performance

Shares of INDI opened at $4.64 on Thursday. The firm has a market capitalization of $1.00 billion, a price-to-earnings ratio of -5.52 and a beta of 2.23. The firm’s fifty day simple moving average is $4.04 and its 200-day simple moving average is $3.09. indie Semiconductor, Inc. has a twelve month low of $1.53 and a twelve month high of $5.57. The company has a current ratio of 4.34, a quick ratio of 3.72 and a debt-to-equity ratio of 0.81.

indie Semiconductor (NASDAQ:INDI) last posted its earnings results on Thursday, August 7th. The company reported ($0.08) EPS for the quarter, meeting the consensus estimate of ($0.08). indie Semiconductor had a negative return on equity of 28.43% and a negative net margin of 71.98%.The firm had revenue of $51.63 million for the quarter, compared to analyst estimates of $51.40 million. During the same quarter in the prior year, the company posted ($0.09) earnings per share. indie Semiconductor’s revenue for the quarter was down 1.5% compared to the same quarter last year. indie Semiconductor has set its Q3 2025 guidance at EPS. Equities analysts forecast that indie Semiconductor, Inc. will post -0.54 EPS for the current fiscal year.

Insider Transactions at indie Semiconductor

In other indie Semiconductor news, Director Sonalee Elizabeth Parekh sold 11,841 shares of the stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $3.42, for a total value of $40,496.22. Following the transaction, the director directly owned 119,857 shares in the company, valued at $409,910.94. This represents a 8.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Michael Wittmann sold 13,725 shares of the business’s stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $2.59, for a total transaction of $35,547.75. Following the sale, the chief operating officer owned 101,662 shares of the company’s stock, valued at $263,304.58. This represents a 11.89% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 43,823 shares of company stock worth $128,088. Company insiders own 5.60% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. KeyCorp cut their target price on shares of indie Semiconductor from $7.00 to $6.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 13th. Benchmark restated a “buy” rating and issued a $8.00 price target (up previously from $6.00) on shares of indie Semiconductor in a research note on Wednesday, June 25th. Finally, Craig Hallum reduced their price objective on indie Semiconductor from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, May 13th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $5.90.

indie Semiconductor 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.