indie Semiconductor (NASDAQ:INDI) Given New $5.00 Price Target at UBS Group

indie Semiconductor (NASDAQ:INDI) had its price objective hoisted by research analysts at UBS Group from $4.50 to $5.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price target suggests a potential upside of 6.84% from the company’s previous close.

A number of other equities research analysts also recently weighed in on INDI. Wall Street Zen downgraded shares of indie Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday. Weiss Ratings reissued a “sell (d-)” rating on shares of indie Semiconductor in a report on Wednesday, October 8th. Finally, Roth Capital reaffirmed a “buy” rating and set a $8.00 price objective on shares of indie Semiconductor in a report on Wednesday, October 15th. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $6.60.

indie Semiconductor Price Performance

indie Semiconductor stock opened at $4.68 on Monday. indie Semiconductor has a 52 week low of $1.53 and a 52 week high of $6.05. The business has a 50-day simple moving average of $4.59 and a 200 day simple moving average of $3.83. 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 cap of $1.01 billion, a price-to-earnings ratio of -6.24 and a beta of 2.38.

indie Semiconductor (NASDAQ:INDI) last released its quarterly 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). The business had revenue of $53.68 million during the quarter, compared to analysts’ expectations of $53.98 million. indie Semiconductor had a negative net margin of 66.84% and a negative return on equity of 28.21%. The business’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the business earned ($0.09) EPS. indie Semiconductor has set its Q4 2025 guidance at EPS. On average, research analysts forecast that indie Semiconductor will post -0.54 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Donald Mcclymont sold 200,000 shares of the stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $6.01, for a total transaction of $1,202,000.00. Following the transaction, the chief executive officer owned 135,602 shares of the company’s stock, valued at approximately $814,968.02. This trade represents a 59.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, President Ichiro Aoki sold 8,877 shares of the business’s stock in a transaction 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 sale, the president directly owned 82,634 shares of the company’s stock, valued at $348,715.48. This represents a 9.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 697,936 shares of company stock valued at $3,207,331. Corporate insiders own 5.60% of the company’s stock.

Hedge Funds Weigh In On indie Semiconductor

Institutional investors and hedge funds have recently bought and sold shares of the stock. Elemental Capital Partners LLC purchased a new position in indie Semiconductor in the 3rd quarter worth approximately $30,979,000. Bamco Inc. NY grew its holdings in shares of 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 purchasing an additional 4,813,397 shares during the last quarter. Frontier Capital Management Co. LLC increased its stake in shares of indie Semiconductor by 29.9% in the second quarter. Frontier Capital Management Co. LLC now owns 17,960,663 shares of the company’s stock worth $63,940,000 after buying an additional 4,139,349 shares during the period. Millennium Management LLC raised its holdings in indie Semiconductor by 456.6% during the 1st quarter. Millennium Management LLC now owns 3,702,671 shares of the company’s stock valued at $7,535,000 after buying an additional 3,037,435 shares during the last quarter. Finally, Primecap Management Co. CA boosted its position in indie Semiconductor by 8.9% during the 1st quarter. Primecap Management Co. CA now owns 28,623,386 shares of the company’s stock valued at $58,249,000 after buying an additional 2,335,620 shares during the period. 67.73% of the stock is currently owned by institutional investors.

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.