indie Semiconductor (NASDAQ:INDI) Rating Increased to Hold at Wall Street Zen

indie Semiconductor (NASDAQ:INDI) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Separately, Benchmark reaffirmed a “buy” rating and issued a $8.00 target price (up from $6.00) on shares of indie Semiconductor in a report on Wednesday, June 25th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, indie Semiconductor presently has an average rating of “Moderate Buy” and a consensus price target of $5.90.

indie Semiconductor Trading Down 0.5%

Shares of indie Semiconductor stock opened at $3.88 on Friday. The stock has a market cap of $838.74 million, a P/E ratio of -4.62 and a beta of 2.31. The company has a quick ratio of 3.72, a current ratio of 4.34 and a debt-to-equity ratio of 0.81. indie Semiconductor has a 12-month low of $1.53 and a 12-month high of $5.57. The business’s 50 day moving average is $4.21 and its 200-day moving average is $3.13.

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

Insider Activity at indie Semiconductor

In other news, CEO Donald Mcclymont sold 41,986 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $4.22, for a total value of $177,180.92. Following the transaction, the chief executive officer owned 285,602 shares of the company’s stock, valued at approximately $1,205,240.44. This represents a 12.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Ichiro Aoki sold 8,877 shares of indie Semiconductor stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $4.22, for a total value of $37,460.94. Following the sale, the president directly owned 82,634 shares of the company’s stock, valued at approximately $348,715.48. The trade was a 9.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 164,309 shares of company stock valued at $679,937 in the last 90 days. Insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in INDI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position 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 acquiring an additional 32,979 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in indie Semiconductor by 56.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 154,736 shares of the company’s stock worth $326,000 after purchasing an additional 55,872 shares in the last quarter. Two Sigma Investments LP bought a new stake in indie Semiconductor in the 4th quarter valued at about $386,000. Deutsche Bank AG grew its position in shares of indie Semiconductor by 169.0% during the 4th quarter. Deutsche Bank AG now owns 246,028 shares of the company’s stock worth $996,000 after purchasing an additional 154,573 shares in the last quarter. Finally, California State Teachers Retirement System grew its position in shares of indie Semiconductor by 10.2% during the 4th quarter. California State Teachers Retirement System now owns 166,731 shares of the company’s stock worth $675,000 after purchasing an additional 15,378 shares in the last quarter. 67.73% of the stock is owned by institutional investors and hedge funds.

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.