Key Points
- Ichiro Aoki, indie Semiconductor's president, sold 75,000 shares on Nov. 17 at $3.66 for $274,500 and, across recent transactions, has disposed of roughly 438,647 shares for about $1.69M, reducing his stake by ~47.6% to 82,634 shares.
- The company reported Q3 EPS of ($0.07), missing estimates, with a negative net margin of 66.84% and negative return on equity of 28.84%, and revenue of $53.68M slightly below expectations.
- Analyst views are mixed but MarketBeat shows a consensus rating of Moderate Buy with a consensus target price of $6.60, while individual ratings range from sell to buy.
indie Semiconductor, Inc. (NASDAQ:INDI - Get Free Report) President Ichiro Aoki sold 25,000 shares of indie Semiconductor stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $3.44, for a total value of $86,000.00. Following the sale, the president directly owned 82,634 shares in the company, valued at approximately $284,260.96. The trade was a 23.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Ichiro Aoki also recently made the following trade(s):
- On Monday, November 17th, Ichiro Aoki sold 75,000 shares of indie Semiconductor stock. The shares were sold at an average price of $3.66, for a total value of $274,500.00.
- On Thursday, November 13th, Ichiro Aoki sold 250,000 shares of indie Semiconductor stock. The stock was sold at an average price of $3.92, for a total transaction of $980,000.00.
- On Friday, November 14th, Ichiro Aoki sold 75,000 shares of indie Semiconductor stock. The stock was sold at an average price of $3.91, for a total transaction 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 Stock Up 5.1%
Shares of INDI traded up $0.18 during mid-day trading on Thursday, reaching $3.61. The company had a trading volume of 907,799 shares, compared to its average volume of 4,165,673. 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 50-day moving average price of $4.53 and a 200 day moving average price of $3.93. indie Semiconductor, Inc. has a 52 week low of $1.53 and a 52 week high of $6.05. The company has a market capitalization of $791.77 million, a price-to-earnings ratio of -4.82 and a beta of 2.38.
indie Semiconductor (NASDAQ:INDI - Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.01). The company had revenue of $53.68 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the business earned ($0.09) EPS. indie Semiconductor has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that indie Semiconductor, Inc. will post -0.54 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the company. Elemental Capital Partners LLC purchased a new position in indie Semiconductor during the third quarter valued at approximately $30,979,000. Bamco Inc. NY lifted its stake in shares of indie Semiconductor by 23.5% during 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 in the last quarter. Frontier Capital Management Co. LLC boosted its holdings 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 buying an additional 4,139,349 shares during the period. Millennium Management LLC boosted its stake in shares of indie Semiconductor by 456.6% in the first 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 during the period. Finally, Primecap Management Co. CA lifted its holdings in indie Semiconductor by 8.9% in the 1st quarter. Primecap Management Co. CA now owns 28,623,386 shares of the company's stock worth $58,249,000 after purchasing an additional 2,335,620 shares in the last quarter. Institutional investors own 67.73% of the company's stock.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on INDI shares. UBS Group lifted their price target on indie Semiconductor from $4.50 to $5.00 and gave the stock a "hold" rating in a research report on Monday, November 10th. Roth Capital restated a "buy" rating and set a $8.00 price objective on shares of indie Semiconductor in a research note on Wednesday, October 15th. Wall Street Zen cut shares of indie Semiconductor from a "hold" rating to a "sell" rating in a report on Saturday, November 8th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of indie Semiconductor in a report on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $6.60.
View Our Latest Analysis on indie Semiconductor
About indie Semiconductor
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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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