indie Semiconductor, Inc. (NASDAQ:INDI) Given Average Recommendation of “Moderate Buy” by Brokerages

indie Semiconductor, Inc. (NASDAQ:INDIGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $6.60.

Several research firms recently weighed in on INDI. UBS Group upped their price target 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. Wall Street Zen cut indie Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, December 13th. Roth Capital restated a “buy” rating and issued a $8.00 target price on shares of indie Semiconductor in a research report on Wednesday, October 15th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of indie Semiconductor in a research note on Wednesday, October 8th.

Read Our Latest Stock Analysis on indie Semiconductor

indie Semiconductor Stock Up 9.3%

Shares of INDI opened at $4.00 on Friday. The firm has a market cap of $878.52 million, a P/E ratio of -5.33 and a beta of 2.54. indie Semiconductor has a 12 month low of $1.53 and a 12 month high of $6.05. The stock’s 50 day moving average is $4.04 and its two-hundred day moving average is $4.20. The company has a current ratio of 3.75, a quick ratio of 3.18 and a debt-to-equity ratio of 0.86.

indie Semiconductor (NASDAQ:INDIGet Free Report) last announced its earnings results on Thursday, November 6th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.01). indie Semiconductor had a negative return on equity of 28.84% and a negative net margin of 66.84%.The business had revenue of $53.68 million for the quarter, compared to analyst estimates of $53.98 million. During the same period in the previous year, the company earned ($0.09) earnings per share. The company’s quarterly revenue was down .6% compared to the same quarter last year. Analysts predict that indie Semiconductor will post -0.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other indie Semiconductor news, President Ichiro Aoki sold 7,188 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $3.67, for a total value of $26,379.96. Following the completion of the sale, the president directly owned 94,725 shares in the company, valued at $347,640.75. This represents a 7.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Donald Mcclymont sold 82,957 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $3.67, for a total value of $304,452.19. Following the completion of the sale, the chief executive officer directly owned 186,202 shares of the company’s stock, valued at $683,361.34. This trade represents a 30.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 933,734 shares of company stock valued at $4,029,441 over the last ninety days. 5.60% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On indie Semiconductor

Hedge funds have recently modified their holdings of the company. Elemental Capital Partners LLC purchased a new stake in shares of indie Semiconductor in the 3rd quarter valued at approximately $30,979,000. Tudor Investment Corp ET AL purchased a new position in indie Semiconductor in the third quarter worth approximately $22,385,000. Bamco Inc. NY grew its position in indie Semiconductor by 23.5% in the second 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 period. Frontier Capital Management Co. LLC increased its stake in indie Semiconductor by 29.9% during the second 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 during the last quarter. Finally, Millennium Management LLC raised its position in indie Semiconductor by 456.6% in the first quarter. Millennium Management LLC now owns 3,702,671 shares of the company’s stock valued at $7,535,000 after purchasing an additional 3,037,435 shares during the period. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Key Headlines Impacting indie Semiconductor

Here are the key news stories impacting indie Semiconductor this week:

  • Neutral Sentiment: Seeking Alpha: balanced view — The article says INDI has a $7.4 billion strategic backlog and long-term exposure to attractive markets (auto tech, robotics, quantum computing) but warns revenue momentum is weak, conversion of backlog to sales is slow and 2027 revenue targets were cut, underscoring execution risk. Indie Semiconductor: Loaded For The Next Wave
  • Negative Sentiment: CEO Donald McClymont sold 82,957 shares at ~$3.67 (proceeds ~$304,452); his ownership fell ~30.8% to 186,202 shares — a large insider reduction that markets often view as a negative signal on near-term outlook or insider confidence. SEC Filing – McClymont
  • Negative Sentiment: CFO Naixi Wu sold 12,448 shares at ~$3.67 (proceeds ~$45,684); position decreased ~13.9% — another senior officer sale that can pressure sentiment. SEC Filing – Naixi Wu
  • Negative Sentiment: COO Michael Wittmann sold 15,313 shares at ~$3.67 (proceeds ~$56,199); ownership down ~12.1% — adds to the cluster of insider reductions. SEC Filing – Wittmann
  • Negative Sentiment: President Ichiro Aoki sold 7,188 shares at ~$3.67 (proceeds ~$26,380); ownership fell ~7.1% — completes a set of sales from top executives on the same date. SEC Filing – Aoki

indie Semiconductor Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for indie Semiconductor (NASDAQ:INDI)

Receive News & Ratings for indie Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for indie Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.