Key Points
- Ichiro Aoki, president of indie Semiconductor, sold 100,000 shares on April 30 at an average price of $4.40, reducing his stake by 48.5% to 106,169 shares, per an SEC filing.
- The April 30 trade is part of a string of insider sales since mid‑March in which Aoki sold over 553,000 shares, generating roughly $1.9 million in proceeds.
- indie Semiconductor shares trade around $4.39 (52‑week range $1.94–$6.05) with a market cap near $982M; analysts have a consensus "Moderate Buy" and a $6.45 price target, and institutions own about 67.7% of the stock.
indie Semiconductor, Inc. (NASDAQ:INDI - Get Free Report) President Ichiro Aoki sold 100,000 shares of indie Semiconductor stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $4.40, for a total value of $440,000.00. Following the sale, the president directly owned 106,169 shares of the company's stock, valued at approximately $467,143.60. The trade was a 48.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Ichiro Aoki also recently made the following trade(s):
- On Monday, April 27th, Ichiro Aoki sold 50,000 shares of indie Semiconductor stock. The stock was sold at an average price of $4.04, for a total value of $202,000.00.
- 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value 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 value of $127,000.00.
indie Semiconductor Price Performance
Shares of NASDAQ:INDI opened at $4.39 on Friday. indie Semiconductor, Inc. has a fifty-two week low of $1.94 and a fifty-two week high of $6.05. The business has a 50-day moving average of $3.12 and a two-hundred day moving average of $3.84. The stock has a market capitalization of $981.87 million, a P/E ratio of -6.01 and a beta of 2.74. 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 (NASDAQ:INDI - Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The company reported ($0.07) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.07). indie Semiconductor had a negative return on equity of 29.33% and a negative net margin of 66.23%.The company 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 firm earned ($0.07) earnings per share. The business's quarterly revenue was up .0% compared to the same quarter last year. On average, equities research analysts predict that indie Semiconductor, Inc. will post -0.44 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Primecap Management Co. CA lifted its holdings in shares of indie Semiconductor by 3.0% during the fourth quarter. Primecap Management Co. CA now owns 29,774,708 shares of the company's stock worth $105,105,000 after buying an additional 873,940 shares during the last quarter. Bamco Inc. NY lifted its holdings in shares of indie Semiconductor by 0.7% during the fourth quarter. Bamco Inc. NY now owns 21,705,742 shares of the company's stock worth $76,621,000 after buying an additional 148,455 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of indie Semiconductor by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 15,493,648 shares of the company's stock worth $54,693,000 after buying an additional 210,463 shares during the last quarter. Elemental Capital Partners LLC lifted its holdings in shares of indie Semiconductor by 60.0% during the first quarter. Elemental Capital Partners LLC now owns 12,644,393 shares of the company's stock worth $40,715,000 after buying an additional 4,741,680 shares during the last quarter. Finally, Tudor Investment Corp ET AL acquired a new position in shares of indie Semiconductor during the third quarter worth approximately $22,385,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the company. UBS Group set a $4.25 price objective on indie Semiconductor in a research report on Sunday, February 22nd. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of indie Semiconductor in a research report on Tuesday, April 21st. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $6.45.
Get Our Latest Analysis on INDI
indie Semiconductor Company Profile
(
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.
Further Reading
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