Ichiro Aoki Sells 250,000 Shares of indie Semiconductor (NASDAQ:INDI) Stock

indie Semiconductor, Inc. (NASDAQ:INDI) President Ichiro Aoki sold 250,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $3.92, for a total value of $980,000.00. Following the transaction, the president owned 82,634 shares of the company’s stock, valued at $323,925.28. This represents a 75.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Friday, November 14th, Ichiro Aoki sold 75,000 shares of indie Semiconductor stock. The shares were sold at an average price of $3.91, for a total value of $293,250.00.
• On Monday, September 8th, Ichiro Aoki sold 8,877 shares of indie Semiconductor stock. The stock was sold at an average price of $4.22, for a total transaction of $37,460.94.
• 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 Price Performance

INDI stock opened at $3.44 on Wednesday. indie Semiconductor, Inc. has a 52 week low of $1.53 and a 52 week high of $6.05. The firm has a market capitalization of $755.53 million, a P/E ratio of -4.59 and a beta of 2.38. The company has a fifty day simple moving average of $4.54 and a two-hundred day simple moving average of $3.93. The company has a quick ratio of 3.18, a current ratio of 3.75 and a debt-to-equity ratio of 0.86.

indie Semiconductor (NASDAQ:INDI) last announced its earnings results 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). The business had revenue of $53.68 million for the quarter, compared to analysts’ expectations of $53.98 million. indie Semiconductor had a negative net margin of 66.84% and a negative return on equity of 28.84%. The firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.09) earnings per share. indie Semiconductor has set its Q4 2025 guidance at EPS. Analysts anticipate that indie Semiconductor, Inc. will post -0.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

INDI has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of indie Semiconductor in a report on Wednesday, October 8th. UBS Group lifted their price objective on shares of indie Semiconductor from $4.50 to $5.00 and gave the stock a “hold” rating in a research note on Monday, November 10th. Wall Street Zen cut shares of indie Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Finally, Roth Capital restated a “buy” rating and issued a $8.00 target price on shares of indie Semiconductor in a report on Wednesday, October 15th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, indie Semiconductor presently has a consensus rating of “Moderate Buy” and an average target price of $6.60.

Institutional Trading of indie Semiconductor

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Elemental Capital Partners LLC bought a new position in shares of indie Semiconductor in the third quarter worth about $30,979,000. Bamco Inc. NY boosted its position in indie Semiconductor by 23.5% in the 2nd quarter. Bamco Inc. NY now owns 25,294,776 shares of the company’s stock valued at $90,049,000 after buying an additional 4,813,397 shares during the period. Frontier Capital Management Co. LLC grew its stake in indie Semiconductor by 29.9% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 17,960,663 shares of the company’s stock worth $63,940,000 after acquiring an additional 4,139,349 shares in the last quarter. Millennium Management LLC grew its stake in indie Semiconductor by 456.6% in the 1st quarter. Millennium Management LLC now owns 3,702,671 shares of the company’s stock worth $7,535,000 after acquiring an additional 3,037,435 shares in the last quarter. Finally, Primecap Management Co. CA increased its position in shares of indie Semiconductor by 8.9% during the first quarter. Primecap Management Co. CA now owns 28,623,386 shares of the company’s stock worth $58,249,000 after acquiring an additional 2,335,620 shares during the period. 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.