Deutsche Bank AG Has $2.78 Million Stake in indie Semiconductor, Inc. $INDI

Deutsche Bank AG grew its position in indie Semiconductor, Inc. (NASDAQ:INDI) by 453.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,361,077 shares of the company’s stock after purchasing an additional 1,115,049 shares during the period. Deutsche Bank AG owned about 0.65% of indie Semiconductor worth $2,777,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of INDI. Barclays PLC raised its position in shares of indie Semiconductor by 12.4% during the fourth quarter. Barclays PLC now owns 288,715 shares of the company’s stock worth $1,169,000 after acquiring an additional 31,916 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of indie Semiconductor by 14.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 263,954 shares of the company’s stock valued at $1,069,000 after purchasing an additional 32,979 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in indie Semiconductor by 56.5% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 154,736 shares of the company’s stock worth $326,000 after buying an additional 55,872 shares during the last quarter. Two Sigma Investments LP purchased a new stake in indie Semiconductor during the fourth quarter worth about $386,000. Finally, California State Teachers Retirement System increased its holdings in indie Semiconductor by 10.2% during the fourth quarter. California State Teachers Retirement System now owns 166,731 shares of the company’s stock worth $675,000 after buying an additional 15,378 shares during the last quarter. Institutional investors own 67.73% of the company’s stock.

indie Semiconductor Trading Down 2.7%

indie Semiconductor stock opened at $4.26 on Wednesday. The stock has a market cap of $920.88 million, a P/E ratio of -5.07 and a beta of 2.23. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.34 and a quick ratio of 3.72. indie Semiconductor, Inc. has a 1 year low of $1.53 and a 1 year high of $5.57. The firm’s 50 day moving average price is $3.89 and its 200-day moving average price is $3.07.

indie Semiconductor (NASDAQ:INDI) last issued its earnings results on Thursday, August 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.08). The firm had revenue of $51.63 million during 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 business’s revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.09) earnings per share. indie Semiconductor has set its Q3 2025 guidance at EPS. On average, equities analysts predict that indie Semiconductor, Inc. will post -0.54 earnings per share for the current fiscal year.

Analyst Ratings Changes

INDI has been the subject of several research analyst reports. KeyCorp dropped their target price on shares of indie Semiconductor from $7.00 to $6.00 and set an “overweight” rating for the company in a research report on Tuesday, May 13th. Benchmark reaffirmed a “buy” rating and issued a $8.00 target price (up from $6.00) on shares of indie Semiconductor in a research note on Wednesday, June 25th. Craig Hallum cut their price target on shares of indie Semiconductor from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, May 13th. Finally, B. Riley reaffirmed a “buy” rating on shares of indie Semiconductor in a research report on Thursday, April 24th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $5.90.

Insider Transactions at indie Semiconductor

In other news, Director Sonalee Elizabeth Parekh sold 11,841 shares of the company’s stock in a transaction on Monday, June 16th. The stock was sold at an average price of $3.42, for a total value of $40,496.22. Following the sale, the director directly owned 119,857 shares in the company, valued at $409,910.94. This represents a 8.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Michael Wittmann sold 13,725 shares of the company’s stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $2.59, for a total value of $35,547.75. Following the completion of the sale, the chief operating officer directly owned 101,662 shares of the company’s stock, valued at $263,304.58. The trade was a 11.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 43,823 shares of company stock valued at $128,088 over the last 90 days. 5.60% of the stock is currently owned by company insiders.

About indie Semiconductor

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.