Abel Hall LLC Makes New $41,000 Investment in indie Semiconductor, Inc. $INDI

Abel Hall LLC purchased a new position in indie Semiconductor, Inc. (NASDAQ:INDI) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 11,568 shares of the company’s stock, valued at approximately $41,000.

A number of other institutional investors also recently made changes to their positions in the business. Signaturefd LLC boosted 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 valued at $41,000 after purchasing an additional 6,794 shares in the last quarter. Ballentine Partners LLC purchased a new stake in shares of indie Semiconductor in the 2nd quarter valued at $69,000. Moody National Bank Trust Division boosted its stake in shares of indie Semiconductor by 24.2% in the 2nd quarter. Moody National Bank Trust Division now owns 896,210 shares of the company’s stock valued at $3,191,000 after purchasing an additional 174,498 shares in the last quarter. First Bank & Trust purchased a new stake in shares of indie Semiconductor in the 2nd quarter valued at $67,000. Finally, Fred Alger Management LLC purchased a new stake in shares of indie Semiconductor in the 1st quarter valued at $2,527,000. Hedge funds and other institutional investors own 67.73% of the company’s stock.

indie Semiconductor Trading Down 2.2%

NASDAQ:INDI opened at $4.44 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. indie Semiconductor, Inc. has a 52 week low of $1.53 and a 52 week high of $5.57. The firm has a market capitalization of $959.79 million, a P/E ratio of -5.29 and a beta of 2.33. The company has a fifty day moving average of $4.18 and a 200 day moving average of $3.31.

indie Semiconductor (NASDAQ:INDI) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.08) EPS for the quarter, hitting the consensus estimate of ($0.08). indie Semiconductor had a negative net margin of 71.98% and a negative return on equity of 28.43%. The business had revenue of $51.63 million during the quarter, compared to analyst estimates of $51.40 million. During the same period in the prior year, the business earned ($0.09) EPS. The company’s revenue for the quarter was down 1.5% on a year-over-year basis. indie Semiconductor has set its Q3 2025 guidance at EPS. On average, research analysts predict that indie Semiconductor, Inc. will post -0.54 earnings per share for the current year.

Analyst Ratings Changes

INDI has been the subject of a number of research reports. Benchmark reaffirmed a “buy” rating and issued a $8.00 price objective (up previously from $6.00) on shares of indie Semiconductor in a research note on Wednesday, June 25th. Wall Street Zen upgraded shares of indie Semiconductor from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of indie Semiconductor in a report on Wednesday. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $5.90.

Insiders Place Their Bets

In other indie Semiconductor news, COO Michael Wittmann sold 59,375 shares of the company’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $4.29, for a total value of $254,718.75. Following the completion of the transaction, the chief operating officer directly owned 94,005 shares in the company, valued at approximately $403,281.45. This represents a 38.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Donald Mcclymont sold 188,700 shares of the company’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $4.01, for a total transaction of $756,687.00. Following the completion of the transaction, the chief executive officer owned 135,602 shares of the company’s stock, valued at $543,764.02. This trade represents a 58.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 497,936 shares of company stock worth $2,005,331. 5.60% of the stock is currently owned by corporate insiders.

indie Semiconductor 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.