indie Semiconductor (NASDAQ:INDI) Cut to “Sell” at Wall Street Zen

indie Semiconductor (NASDAQ:INDI) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

Other equities analysts also recently issued research reports about the stock. Roth Capital reaffirmed a “buy” rating and set a $8.00 price target on shares of indie Semiconductor in a report on Wednesday, October 15th. Weiss Ratings restated a “sell (d-)” rating on shares of indie Semiconductor in a research report on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $6.50.

indie Semiconductor Stock Performance

NASDAQ:INDI opened at $4.68 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 3.72 and a current ratio of 4.34. The stock has a 50-day simple moving average of $4.59 and a two-hundred day simple moving average of $3.81. The firm has a market capitalization of $1.01 billion, a PE ratio of -6.24 and a beta of 2.38. indie Semiconductor has a 52-week low of $1.53 and a 52-week high of $6.05.

indie Semiconductor (NASDAQ:INDI) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.01). indie Semiconductor had a negative return on equity of 28.21% and a negative net margin of 66.84%.The company had revenue of $53.68 million during the quarter, compared to the consensus estimate of $53.98 million. During the same period last year, the business earned ($0.09) EPS. The firm’s quarterly revenue was down .6% compared to the same quarter last year. indie Semiconductor has set its Q4 2025 guidance at EPS. Analysts forecast that indie Semiconductor will post -0.54 EPS for the current year.

Insider Transactions at indie Semiconductor

In other indie Semiconductor news, President Ichiro Aoki sold 8,877 shares of indie Semiconductor stock in a transaction on Monday, September 8th. The shares were 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 in the company, valued at approximately $348,715.48. The trade was a 9.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Donald Mcclymont sold 200,000 shares of the business’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $6.01, for a total transaction of $1,202,000.00. Following the completion of the sale, the chief executive officer owned 135,602 shares in the company, valued at approximately $814,968.02. The trade was a 59.59% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 697,936 shares of company stock valued at $3,207,331. 5.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On indie Semiconductor

Several large investors have recently made changes to their positions in the company. Elemental Capital Partners LLC purchased a new stake in shares of indie Semiconductor in the third quarter worth about $30,979,000. Bamco Inc. NY increased its stake in indie Semiconductor by 23.5% in the 2nd quarter. Bamco Inc. NY now owns 25,294,776 shares of the company’s stock worth $90,049,000 after acquiring an additional 4,813,397 shares during the last quarter. Frontier Capital Management Co. LLC raised its holdings in shares of indie Semiconductor by 29.9% during the 2nd quarter. Frontier Capital Management Co. LLC now owns 17,960,663 shares of the company’s stock worth $63,940,000 after acquiring an additional 4,139,349 shares in the last quarter. Millennium Management LLC boosted its position in shares of indie Semiconductor by 456.6% during the 1st quarter. Millennium Management LLC now owns 3,702,671 shares of the company’s stock valued at $7,535,000 after acquiring an additional 3,037,435 shares during the last quarter. Finally, Primecap Management Co. CA grew its holdings in shares of indie Semiconductor by 8.9% in the first quarter. Primecap Management Co. CA now owns 28,623,386 shares of the company’s stock valued at $58,249,000 after purchasing an additional 2,335,620 shares in the last quarter. 67.73% of the stock is owned by institutional investors.

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.