indie Semiconductor, Inc. (NASDAQ:INDI – Get Free Report) 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 transaction of $37,460.94. Following the completion of the transaction, the president directly owned 82,634 shares in the company, valued at approximately $348,715.48. This trade represents a 9.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Ichiro Aoki also recently made the following trade(s):
- On Tuesday, September 2nd, Ichiro Aoki sold 4,770 shares of indie Semiconductor stock. The shares were sold at an average price of $4.25, for a total transaction of $20,272.50.
indie Semiconductor Price Performance
NASDAQ INDI opened at $3.90 on Friday. The company has a quick ratio of 3.72, a current ratio of 4.34 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $843.06 million, a PE ratio of -4.64 and a beta of 2.31. The company has a 50 day moving average price of $4.20 and a two-hundred day moving average price of $3.12. indie Semiconductor, Inc. has a 12-month low of $1.53 and a 12-month high of $5.57.
Institutional Investors Weigh In On indie Semiconductor
Institutional investors and hedge funds have recently made changes to their positions in the stock. Kera Capital Partners Inc. bought a new stake in indie Semiconductor in the 1st quarter valued at $31,000. Nisa Investment Advisors LLC raised its stake in indie Semiconductor by 356.3% in 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 during the period. National Bank of Canada FI raised its stake in indie Semiconductor by 32.7% in the 1st quarter. National Bank of Canada FI now owns 17,852 shares of the company’s stock valued at $36,000 after acquiring an additional 4,400 shares during the period. Ethic Inc. bought a new stake in indie Semiconductor in the 2nd quarter valued at $36,000. Finally, Evergreen Capital Management LLC bought a new stake in indie Semiconductor in the 2nd quarter valued at $37,000. Institutional investors own 67.73% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, Benchmark reaffirmed a “buy” rating and issued a $8.00 price target (up from $6.00) on shares of indie Semiconductor in a report on Wednesday, June 25th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $5.90.
View Our Latest Report on INDI
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.
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