indie Semiconductor, Inc. (NASDAQ:INDI – Get Free Report) CEO Donald Mcclymont sold 18,420 shares of the business’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $2.99, for a total transaction of $55,075.80. Following the sale, the chief executive officer directly owned 298,500 shares in the company, valued at approximately $892,515. The trade was a 5.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Donald Mcclymont also recently made the following trade(s):
- On Wednesday, March 25th, Donald Mcclymont sold 50,000 shares of indie Semiconductor stock. The stock was sold at an average price of $3.06, for a total value of $153,000.00.
- On Monday, March 2nd, Donald Mcclymont sold 90,644 shares of indie Semiconductor stock. The stock was sold at an average price of $3.56, for a total value of $322,692.64.
indie Semiconductor Trading Down 2.8%
Shares of INDI stock opened at $2.81 on Thursday. The firm has a market capitalization of $628.48 million, a P/E ratio of -3.85 and a beta of 2.56. indie Semiconductor, Inc. has a twelve month low of $1.62 and a twelve month high of $6.05. The company has a quick ratio of 3.10, a current ratio of 3.73 and a debt-to-equity ratio of 0.88. The stock’s fifty day simple moving average is $3.25 and its 200 day simple moving average is $3.92.
Analyst Ratings Changes
Several research analysts have commented on INDI shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of indie Semiconductor in a report on Thursday, January 22nd. UBS Group set a $4.25 target price on indie Semiconductor in a report on Sunday, February 22nd. Finally, Wall Street Zen downgraded shares of indie Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, December 13th. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $6.45.
Get Our Latest Research Report on INDI
Key indie Semiconductor News
Here are the key news stories impacting indie Semiconductor this week:
- Positive Sentiment: Large institutional holders have added to positions over recent quarters (Primecap, Bamco, Frontier, Vanguard), leaving roughly two‑thirds of the float in institutional hands — a structural support for liquidity and potential longer‑term demand. MarketBeat INDI profile
- Positive Sentiment: Analyst coverage is mixed but tilted bullish: five buys, one hold and one sell, with a consensus price target materially above current levels (~$6.45 consensus). That leaves upside in analyst estimates if execution and revenue growth accelerate. MarketBeat analyst summary
- Neutral Sentiment: Earnings background: the company’s Feb. 19 quarter roughly met EPS estimates (loss of $0.07) and posted a small revenue beat (~$58M vs. $57.1M est.), but margins remain deeply negative and analysts forecast continued losses this year — a mixed signal for valuation. MarketBeat earnings summary
- Neutral Sentiment: General market quote pages for the ticker were updated today (coverage across mainstream outlets), providing real‑time quotes and technical data investors use to trade the name. CNN Markets – INDI
- Negative Sentiment: Concentrated insider selling this week: CEO Donald McClymont, CFO Naixi Wu, COO Michael Wittmann and President Ichiro Aoki all disclosed sales (April 6 filings), and Aoki has executed multiple large sales in March — an ongoing pattern that investors often interpret as a negative signal about management confidence or a sign of director/executive liquidity needs. These filings are the most immediate catalyst for today’s downward pressure. InsiderTrades – INDI insider sales
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in INDI. Evergreen Capital Management LLC acquired a new position in shares of indie Semiconductor in the 2nd quarter valued at about $37,000. Gainplan LLC acquired a new position in shares of indie Semiconductor in the 4th quarter valued at about $39,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of indie Semiconductor by 45,829.2% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 11,023 shares of the company’s stock valued at $39,000 after purchasing an additional 10,999 shares during the period. Jump Financial LLC acquired a new position in shares of indie Semiconductor in the 2nd quarter valued at about $39,000. Finally, HBK Sorce Advisory LLC acquired a new position in shares of indie Semiconductor in the 3rd quarter valued at about $41,000. 67.73% of the stock is owned by institutional investors and hedge funds.
indie Semiconductor Company Profile
indie Semiconductor, Inc is a fabless semiconductor company headquartered in San Jose, California, that specializes in advanced chip solutions for the automotive industry. The company designs and develops microcontrollers, sensor processing units, application processors and power management integrated circuits tailored for electric vehicles (EVs), advanced driver assistance systems (ADAS), infotainment and digital clusters. indie’s product portfolio aims to deliver high performance, energy efficiency and functional safety to meet stringent automotive requirements.
Originally formed as Integrated Memory Systems in 2021 through a business combination with a special purpose acquisition company, the firm rebranded to indie Semiconductor in early 2022.
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