Handelsbanken Fonder AB Makes New $276,000 Investment in indie Semiconductor, Inc. $INDI

Handelsbanken Fonder AB acquired a new position in indie Semiconductor, Inc. (NASDAQ:INDI) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 77,511 shares of the company’s stock, valued at approximately $276,000.

Several other hedge funds also recently modified their holdings of INDI. Nisa Investment Advisors LLC lifted its stake in indie Semiconductor by 356.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 9,651 shares of the company’s stock valued at $34,000 after acquiring an additional 7,536 shares in the last quarter. National Bank of Canada FI boosted its holdings in shares of indie Semiconductor by 32.7% in 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 period. Ethic Inc. purchased a new position in shares of indie Semiconductor during the second quarter worth about $36,000. Hsbc Holdings PLC grew its holdings in shares of indie Semiconductor by 36.5% in the first quarter. Hsbc Holdings PLC now owns 19,486 shares of the company’s stock worth $39,000 after purchasing an additional 5,213 shares during the last quarter. Finally, Signaturefd LLC grew its stake in shares of indie Semiconductor by 145.7% in the 2nd quarter. Signaturefd LLC now owns 11,457 shares of the company’s stock worth $41,000 after buying an additional 6,794 shares during the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Insider Activity at indie Semiconductor

In other news, COO Michael Wittmann sold 20,908 shares of the firm’s stock in a transaction 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 transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Donald Mcclymont sold 200,000 shares of the company’s stock in a transaction dated 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 directly owned 135,602 shares of the company’s stock, valued at approximately $814,968.02. This trade represents a 59.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 1,135,293 shares of company stock worth $4,886,489. Company insiders own 5.60% of the company’s stock.

indie Semiconductor Stock Performance

Shares of indie Semiconductor stock opened at $3.56 on Monday. The company has a quick ratio of 3.18, a current ratio of 3.75 and a debt-to-equity ratio of 0.86. The stock’s fifty day moving average is $4.48 and its two-hundred day moving average is $3.99. indie Semiconductor, Inc. has a 52 week low of $1.53 and a 52 week high of $6.05. The company has a market capitalization of $781.88 million, a PE ratio of -4.75 and a beta of 2.60.

indie Semiconductor (NASDAQ:INDI) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). The company had revenue of $53.68 million for the quarter, compared to the consensus estimate of $53.98 million. indie Semiconductor had a negative net margin of 66.84% and a negative return on equity of 28.84%. The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.09) EPS. indie Semiconductor has set its Q4 2025 guidance at EPS. As a group, analysts expect that indie Semiconductor, Inc. will post -0.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

INDI has been the subject of a number of research reports. UBS Group upped their target price on shares of indie Semiconductor from $4.50 to $5.00 and gave the stock a “hold” rating in a research report on Monday, November 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of indie Semiconductor in a report on Wednesday, October 8th. Roth Capital restated a “buy” rating and issued a $8.00 price target on shares of indie Semiconductor in a research report on Wednesday, October 15th. Finally, Wall Street Zen upgraded shares of indie Semiconductor from a “sell” rating to a “hold” rating in a research report on Friday. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, indie Semiconductor presently has an average rating of “Moderate Buy” and an average target price of $6.60.

indie Semiconductor Company Profile

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.