Key Points
- indie Semiconductor President Ichiro Aoki sold 50,000 shares on April 27 at an average price of $4.04 for $202,000, leaving him with 106,169 shares—a 32.02% decrease in his position.
- Aoki has been an active seller throughout March–April, including a 100,000‑share sale on March 26 and multiple 50,000‑share transactions, indicating significant insider liquidation in recent weeks.
- For context, indie Semiconductor (NASDAQ:INDI) has a market cap of roughly $915 million, negative EPS and margins, a one‑year range of $1.90–$6.05, and a consensus analyst rating of "Moderate Buy" with a $6.45 target, while institutional investors hold about 67.7% of the stock.
indie Semiconductor, Inc. (NASDAQ:INDI - Get Free Report) President Ichiro Aoki sold 50,000 shares of the business's stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $4.04, for a total transaction of $202,000.00. Following the completion of the transaction, the president directly owned 106,169 shares of the company's stock, valued at approximately $428,922.76. This represents a 32.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Ichiro Aoki also recently made the following trade(s):
- On Thursday, April 23rd, Ichiro Aoki sold 43,500 shares of indie Semiconductor stock. The stock was sold at an average price of $3.54, for a total transaction of $153,990.00.
- On Friday, April 24th, Ichiro Aoki sold 50,000 shares of indie Semiconductor stock. The stock was sold at an average price of $3.76, for a total transaction of $188,000.00.
- On Tuesday, April 21st, Ichiro Aoki sold 6,500 shares of indie Semiconductor stock. The stock was sold at an average price of $3.50, for a total transaction of $22,750.00.
- On Monday, April 6th, Ichiro Aoki sold 3,506 shares of indie Semiconductor stock. The stock was sold at an average price of $2.99, for a total transaction of $10,482.94.
- On Thursday, March 26th, Ichiro Aoki sold 100,000 shares of indie Semiconductor stock. The stock was sold at an average price of $3.28, for a total transaction of $328,000.00.
- On Friday, March 27th, Ichiro Aoki sold 50,000 shares of indie Semiconductor stock. The stock was sold at an average price of $3.17, for a total transaction of $158,500.00.
- On Tuesday, March 24th, Ichiro Aoki sold 50,000 shares of indie Semiconductor stock. The stock was sold at an average price of $2.83, for a total transaction of $141,500.00.
- On Thursday, March 19th, Ichiro Aoki sold 50,000 shares of indie Semiconductor stock. The stock was sold at an average price of $2.57, for a total transaction of $128,500.00.
- On Monday, March 16th, Ichiro Aoki sold 50,000 shares of indie Semiconductor stock. The stock was sold at an average price of $2.54, for a total transaction of $127,000.00.
- On Monday, March 2nd, Ichiro Aoki sold 4,573 shares of indie Semiconductor stock. The stock was sold at an average price of $3.56, for a total transaction of $16,279.88.
indie Semiconductor Price Performance
INDI stock opened at $4.09 on Thursday. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.73 and a quick ratio of 3.10. indie Semiconductor, Inc. has a one year low of $1.90 and a one year high of $6.05. The stock has a market cap of $914.77 million, a PE ratio of -5.60 and a beta of 2.56. The firm has a 50 day simple moving average of $3.10 and a two-hundred day simple moving average of $3.84.
indie Semiconductor (NASDAQ:INDI - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The company reported ($0.07) EPS for the quarter, hitting analysts' consensus estimates of ($0.07). indie Semiconductor had a negative net margin of 66.23% and a negative return on equity of 29.33%. The business had revenue of $58.01 million during the quarter, compared to analysts' expectations of $57.11 million. During the same quarter in the previous year, the company earned ($0.07) EPS. The business's quarterly revenue was up .0% compared to the same quarter last year. On average, analysts predict that indie Semiconductor, Inc. will post -0.44 EPS for the current fiscal year.
Institutional Investors Weigh In On indie Semiconductor
A number of institutional investors have recently made changes to their positions in the business. Counterpoint Mutual Funds LLC purchased a new stake in shares of indie Semiconductor in the 1st quarter valued at $546,000. Elemental Capital Partners LLC boosted its stake in shares of indie Semiconductor by 60.0% in the 1st quarter. Elemental Capital Partners LLC now owns 12,644,393 shares of the company's stock valued at $40,715,000 after purchasing an additional 4,741,680 shares in the last quarter. 1492 Capital Management LLC boosted its stake in shares of indie Semiconductor by 24.0% in the 1st quarter. 1492 Capital Management LLC now owns 806,723 shares of the company's stock valued at $2,598,000 after purchasing an additional 155,999 shares in the last quarter. Wasatch Advisors LP raised its holdings in indie Semiconductor by 130.0% during the 1st quarter. Wasatch Advisors LP now owns 3,811,285 shares of the company's stock valued at $12,272,000 after buying an additional 2,154,279 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in indie Semiconductor by 164.6% during the 1st quarter. SG Americas Securities LLC now owns 93,129 shares of the company's stock valued at $300,000 after buying an additional 57,929 shares during the last quarter. Hedge funds and other institutional investors own 67.73% of the company's stock.
Analyst Upgrades and Downgrades
INDI has been the subject of a number of research reports. UBS Group set a $4.25 price objective on shares of indie Semiconductor in a research note on Sunday, February 22nd. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of indie Semiconductor in a research note on Tuesday, April 21st. Four equities research 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 MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $6.45.
View Our Latest Stock Report on INDI
About indie Semiconductor
(
Get Free Report)
indie Semiconductor, Inc is a fabless semiconductor company headquartered in San Jose, California, that specializes in advanced chip solutions for the automotive industry. The company designs and develops microcontrollers, sensor processing units, application processors and power management integrated circuits tailored for electric vehicles (EVs), advanced driver assistance systems (ADAS), infotainment and digital clusters. indie's product portfolio aims to deliver high performance, energy efficiency and functional safety to meet stringent automotive requirements.
Originally formed as Integrated Memory Systems in 2021 through a business combination with a special purpose acquisition company, the firm rebranded to indie Semiconductor in early 2022.
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