indie Semiconductor, Inc. $INDI Stock: General American Investors Co. Inc. Lowers Holdings

General American Investors Co. Inc. cut its holdings in shares of indie Semiconductor, Inc. (NASDAQ:INDI) by 42.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 944,107 shares of the company’s stock after selling 700,000 shares during the period. General American Investors Co. Inc.’s holdings in indie Semiconductor were worth $2,762,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Optiver Holding B.V. grew its stake in indie Semiconductor by 7,163.7% during the 1st quarter. Optiver Holding B.V. now owns 8,208 shares of the company’s stock worth $26,000 after buying an additional 8,095 shares during the last quarter. Axxcess Wealth Management LLC purchased a new stake in indie Semiconductor in the third quarter valued at about $33,000. Principal Financial Group Inc. purchased a new stake in indie Semiconductor in the first quarter valued at about $35,000. Integrated Wealth Concepts LLC acquired a new stake in indie Semiconductor in the second quarter worth about $49,000. Finally, PNC Financial Services Group Inc. boosted its holdings in indie Semiconductor by 37.7% in the first quarter. PNC Financial Services Group Inc. now owns 28,199 shares of the company’s stock worth $91,000 after acquiring an additional 7,724 shares in the last quarter. Hedge funds and other institutional investors own 67.73% of the company’s stock.

indie Semiconductor Stock Performance

INDI stock traded up $0.46 during midday trading on Friday, reaching $1.81. The stock had a trading volume of 16,894,288 shares, compared to its average volume of 6,040,906. The stock has a market cap of $419.58 million, a PE ratio of -2.51 and a beta of 3.10. The company has a debt-to-equity ratio of 1.25, a quick ratio of 2.86 and a current ratio of 3.65. The firm has a fifty day simple moving average of $2.60 and a two-hundred day simple moving average of $3.48. indie Semiconductor, Inc. has a 52-week low of $1.34 and a 52-week high of $5.49.

indie Semiconductor (NASDAQ:INDI) last issued its quarterly earnings results on Thursday, November 5th. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). The firm had revenue of $70.24 million for the quarter, compared to analyst estimates of $70.21 million. indie Semiconductor had a negative return on equity of 32.02% and a negative net margin of 65.18%. The business’s revenue was up 30.8% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.07) EPS. As a group, equities research analysts anticipate that indie Semiconductor, Inc. will post -0.54 EPS for the current year.

Insider Transactions at indie Semiconductor

In related news, CFO Naixi Wu sold 21,171 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $3.54, for a total value of $74,945.34. Following the transaction, the chief financial officer owned 153,183 shares in the company, valued at approximately $542,267.82. This represents a 12.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sonalee Parekh sold 59,932 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $4.07, for a total transaction of $243,923.24. Following the completion of the transaction, the director owned 99,857 shares in the company, valued at approximately $406,417.99. This trade represents a 37.51% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 353,861 shares of company stock worth $1,296,644. 2.57% of the stock is owned by company insiders.

Key indie Semiconductor News

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

• Positive Sentiment: Third-quarter revenue rose 31% year over year to $70.2 million, narrowly exceeding estimates. The company also said automotive radar chipsets entered high-volume production, a potential source of future growth. indie Reports Third Quarter 2026 Results
• Neutral Sentiment: Fourth-quarter revenue guidance is $73 million to $81 million, with the midpoint of $77 million nearly matching analysts’ $76.9 million consensus. B. Riley kept its Buy rating but lowered its price target from $5 to $4; the new target still implies substantial upside from the cited $1.81 share price.
• Negative Sentiment: INDI reported a loss of $0.05 per share, missing the $0.04 loss analysts expected, though the loss narrowed from $0.07 a year earlier. B. Riley’s price-target cut also signals reduced expectations, despite its continued Buy rating. indie Semiconductor Reports Q3 Loss, Beats Revenue Estimates

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on INDI shares. B. Riley Financial dropped their price target on indie Semiconductor from $5.00 to $4.00 and set a “buy” rating on the stock in a research note on Friday. TD Cowen cut their price objective on shares of indie Semiconductor from $4.50 to $2.00 and set a “hold” rating on the stock in a report on Monday, October 19th. Roth Capital set a $5.00 target price on shares of indie Semiconductor in a research report on Friday, August 7th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of indie Semiconductor in a research note on Thursday, October 15th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $3.94.

indie Semiconductor Company Profile

indie Semiconductor, Inc develops semiconductor and software solutions for the automotive industry. Its products are designed to support advanced driver-assistance systems (ADAS), vehicle electrification, connected-car applications and automotive user experiences.

The company’s technology portfolio includes solutions for automotive radar, computer vision, lidar, ultrasonic sensing, vehicle networking, battery management and power conversion. Its products are intended for use in systems such as automated parking, blind-spot detection, collision avoidance, in-cabin monitoring, lighting, infotainment and other intelligent vehicle functions.

Founded in 2007 and headquartered in Aliso Viejo, California, indie serves automotive manufacturers and suppliers internationally.