Callan Family Office LLC Buys New Holdings in indie Semiconductor, Inc. $INDI

Callan Family Office LLC bought a new stake in indie Semiconductor, Inc. (NASDAQ:INDI) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 27,594 shares of the company’s stock, valued at approximately $98,000.

A number of other large investors have also modified their holdings of the company. Primecap Management Co. CA grew its position in indie Semiconductor by 8.9% in the first quarter. Primecap Management Co. CA now owns 28,623,386 shares of the company’s stock valued at $58,249,000 after acquiring an additional 2,335,620 shares during the period. Vanguard Group Inc. grew its position in indie Semiconductor by 1.8% in the first quarter. Vanguard Group Inc. now owns 12,805,999 shares of the company’s stock valued at $26,060,000 after acquiring an additional 220,737 shares during the period. Millennium Management LLC grew its position in indie Semiconductor by 456.6% in the first quarter. Millennium Management LLC now owns 3,702,671 shares of the company’s stock valued at $7,535,000 after acquiring an additional 3,037,435 shares during the period. General American Investors Co. Inc. grew its position in indie Semiconductor by 77.8% in the first quarter. General American Investors Co. Inc. now owns 1,946,921 shares of the company’s stock valued at $3,962,000 after acquiring an additional 851,753 shares during the period. Finally, Deutsche Bank AG grew its position in indie Semiconductor by 453.2% in the first quarter. Deutsche Bank AG now owns 1,361,077 shares of the company’s stock valued at $2,777,000 after acquiring an additional 1,115,049 shares during the period. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on INDI. Weiss Ratings reiterated a “sell (d-)” rating on shares of indie Semiconductor in a research report on Wednesday, October 8th. Roth Capital reiterated a “buy” rating and issued a $8.00 price target on shares of indie Semiconductor in a research report on Wednesday. Benchmark reiterated a “buy” rating and issued a $8.00 price target (up from $6.00) on shares of indie Semiconductor in a research report on Wednesday, June 25th. Finally, Wall Street Zen upgraded indie Semiconductor from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Six analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $6.25.

Insider Activity

In other news, CEO Donald Mcclymont sold 200,000 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $6.01, for a total transaction of $1,202,000.00. Following the completion of the transaction, the chief executive officer directly owned 135,602 shares in the company, valued at approximately $814,968.02. The trade was a 59.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Michael Wittmann sold 59,375 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $4.29, for a total value of $254,718.75. Following the transaction, the chief operating officer owned 94,005 shares of the company’s stock, valued at $403,281.45. The trade was a 38.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 697,936 shares of company stock valued at $3,207,331 over the last 90 days. 5.60% of the stock is owned by company insiders.

indie Semiconductor Trading Down 3.4%

Shares of INDI opened at $5.32 on Friday. The company has a quick ratio of 3.72, a current ratio of 4.34 and a debt-to-equity ratio of 0.81. indie Semiconductor, Inc. has a 12-month low of $1.53 and a 12-month high of $6.05. The firm has a market capitalization of $1.15 billion, a PE ratio of -6.33 and a beta of 2.33. The stock’s fifty day simple moving average is $4.35 and its 200-day simple moving average is $3.44.

indie Semiconductor (NASDAQ:INDI) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($0.08) earnings per share (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 business 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 firm posted ($0.09) earnings per share. The firm’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. As a group, research analysts predict that indie Semiconductor, Inc. will post -0.54 earnings per share for the current year.

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.