Insider Selling: indie Semiconductor (NASDAQ:INDI) CFO Sells 7,096 Shares of Stock

indie Semiconductor, Inc. (NASDAQ:INDI) CFO Naixi Wu sold 7,096 shares of the business’s stock in a transaction on Friday, November 21st. The stock was sold at an average price of $3.30, for a total value of $23,416.80. Following the transaction, the chief financial officer directly owned 87,178 shares in the company, valued at $287,687.40. This trade represents a 7.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Naixi Wu also recently made the following trade(s):

• On Tuesday, November 11th, Naixi Wu sold 5,261 shares of indie Semiconductor stock. The stock was sold at an average price of $4.18, for a total value of $21,990.98.

indie Semiconductor Trading Up 3.3%

Shares of NASDAQ INDI traded up $0.11 during trading on Monday, hitting $3.40. 3,081,904 shares of the company were exchanged, compared to its average volume of 4,183,919. The company has a fifty day moving average price of $4.51 and a 200-day moving average price of $3.96. 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 firm has a market capitalization of $746.74 million, a PE ratio of -4.53 and a beta of 2.38. indie Semiconductor, Inc. has a 12-month low of $1.53 and a 12-month high of $6.05.

indie Semiconductor (NASDAQ:INDI) last released its quarterly earnings data on Thursday, November 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.01). indie Semiconductor had a negative return on equity of 28.84% and a negative net margin of 66.84%.The firm had revenue of $53.68 million for the quarter, compared to analyst estimates of $53.98 million. During the same quarter in the previous year, the business posted ($0.09) earnings per share. indie Semiconductor’s revenue for the quarter was down .6% on a year-over-year basis. indie Semiconductor has set its Q4 2025 guidance at EPS. As a group, equities research analysts expect that indie Semiconductor, Inc. will post -0.54 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on INDI. Roth Capital reaffirmed a “buy” rating and set a $8.00 price target on shares of indie Semiconductor in a research report on Wednesday, October 15th. Wall Street Zen cut indie Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. UBS Group upped their price target on indie Semiconductor from $4.50 to $5.00 and gave the company a “hold” rating in a research note on Monday, November 10th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of indie Semiconductor in a report on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $6.60.

Institutional Trading of indie Semiconductor

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. ProShare Advisors LLC boosted its position in shares of indie Semiconductor by 9.0% during the second quarter. ProShare Advisors LLC now owns 39,775 shares of the company’s stock worth $142,000 after buying an additional 3,300 shares during the period. Los Angeles Capital Management LLC raised its holdings in shares of indie Semiconductor by 9.3% in the 2nd quarter. Los Angeles Capital Management LLC now owns 45,619 shares of the company’s stock valued at $162,000 after buying an additional 3,898 shares during the period. CWM LLC lifted its stake in indie Semiconductor by 34.7% during the 2nd quarter. CWM LLC now owns 15,215 shares of the company’s stock worth $54,000 after acquiring an additional 3,916 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in indie Semiconductor by 32.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 16,118 shares of the company’s stock valued at $66,000 after acquiring an additional 3,921 shares during the period. Finally, Ameritas Investment Partners Inc. grew its position in indie Semiconductor by 27.0% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 19,804 shares of the company’s stock valued at $71,000 after acquiring an additional 4,207 shares in the last quarter. Hedge funds and other 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.