indie Semiconductor (NASDAQ:INDI) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of indie Semiconductor (NASDAQ:INDI – Free Report) from a sell rating to a hold rating in a research report sent to investors on Saturday.

Separately, 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. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.90.

Read Our Latest Analysis on INDI

indie Semiconductor Trading Down 0.3%

Shares of indie Semiconductor stock opened at $3.87 on Friday. indie Semiconductor has a 12-month low of $1.53 and a 12-month high of $5.57. The company has a current ratio of 4.34, a quick ratio of 3.72 and a debt-to-equity ratio of 0.81. The stock has a market cap of $836.58 million, a PE ratio of -4.61 and a beta of 2.31. The company has a 50-day moving average of $4.21 and a two-hundred day moving average of $3.13.

indie Semiconductor (NASDAQ:INDI – Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported ($0.08) EPS for the quarter, meeting the consensus estimate of ($0.08). The business had revenue of $51.63 million for the quarter, compared to analyst estimates of $51.40 million. indie Semiconductor had a negative net margin of 71.98% and a negative return on equity of 28.43%. The company’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the business earned ($0.09) earnings per share. indie Semiconductor has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that indie Semiconductor will post -0.54 EPS for the current fiscal year.

Insider Buying and Selling

In related news, President Ichiro Aoki sold 8,877 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $4.22, for a total transaction of $37,460.94. Following the sale, the president owned 82,634 shares in the company, valued at approximately $348,715.48. This trade represents a 9.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Michael Wittmann sold 20,908 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $3.95, for a total transaction of $82,586.60. Following the sale, the chief operating officer owned 94,005 shares in the company, valued at approximately $371,319.75. This trade represents a 18.19% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 152,468 shares of company stock worth $639,441. 5.60% of the stock is owned by insiders.

Institutional Trading of indie Semiconductor

A number of hedge funds have recently bought and sold shares of INDI. Kera Capital Partners Inc. acquired a new stake in indie Semiconductor during the first quarter worth approximately $31,000. Nisa Investment Advisors LLC boosted its position in indie Semiconductor by 356.3% during the second quarter. Nisa Investment Advisors LLC now owns 9,651 shares of the company’s stock worth $34,000 after acquiring an additional 7,536 shares during the last quarter. National Bank of Canada FI boosted its position in indie Semiconductor by 32.7% during the first quarter. National Bank of Canada FI now owns 17,852 shares of the company’s stock worth $36,000 after acquiring an additional 4,400 shares during the last quarter. Ethic Inc. acquired a new stake in indie Semiconductor during the second quarter worth approximately $36,000. Finally, Evergreen Capital Management LLC acquired a new stake in indie Semiconductor during the second quarter worth approximately $37,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

indie Semiconductor Company Profile

(Get Free Report)

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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