Y Intercept Hong Kong Ltd Makes New $109,000 Investment in indie Semiconductor, Inc. $INDI

Y Intercept Hong Kong Ltd acquired a new stake in shares of indie Semiconductor, Inc. (NASDAQ:INDI) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 30,719 shares of the company’s stock, valued at approximately $109,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fred Alger Management LLC acquired a new stake in indie Semiconductor during the 1st quarter worth about $2,527,000. Invesco Ltd. lifted its holdings in shares of indie Semiconductor by 105.4% in the 1st quarter. Invesco Ltd. now owns 191,717 shares of the company’s stock valued at $390,000 after buying an additional 98,389 shares during the period. Vanguard Personalized Indexing Management LLC boosted its stake in shares of indie Semiconductor by 448.3% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 86,461 shares of the company’s stock worth $308,000 after buying an additional 70,691 shares during the last quarter. Signaturefd LLC grew its holdings in indie Semiconductor by 145.7% during the second quarter. Signaturefd LLC now owns 11,457 shares of the company’s stock worth $41,000 after acquiring an additional 6,794 shares during the period. Finally, Ballentine Partners LLC acquired a new stake in indie Semiconductor during the second quarter worth about $69,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Analysts Set New Price Targets

INDI has been the subject of a number of analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of indie Semiconductor in a report on Wednesday, October 8th. Roth Capital reaffirmed a “buy” rating and set a $8.00 target price on shares of indie Semiconductor in a report on Wednesday, October 15th. Finally, Wall Street Zen cut shares of indie Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, indie Semiconductor presently has a consensus rating of “Moderate Buy” and an average target price of $6.50.

Insider Activity at indie Semiconductor

In other news, CEO Donald Mcclymont sold 200,000 shares of indie Semiconductor stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $6.01, for a total value of $1,202,000.00. Following the sale, the chief executive officer owned 135,602 shares in the company, valued at $814,968.02. This trade represents a 59.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Ichiro Aoki sold 8,877 shares of the business’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $4.22, for a total transaction of $37,460.94. Following 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 697,936 shares of company stock valued at $3,207,331. 5.60% of the stock is owned by company insiders.

indie Semiconductor Stock Performance

Shares of INDI stock opened at $4.68 on Monday. The company has a current ratio of 4.34, a quick ratio of 3.72 and a debt-to-equity ratio of 0.81. indie Semiconductor, Inc. has a 12-month low of $1.53 and a 12-month high of $6.05. The business’s 50 day moving average is $4.59 and its two-hundred day moving average is $3.83. The company has a market capitalization of $1.01 billion, a P/E ratio of -6.24 and a beta of 2.38.

indie Semiconductor (NASDAQ:INDI) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates 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 firm’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.09) earnings per share. indie Semiconductor has set its Q4 2025 guidance at EPS. Analysts expect that indie Semiconductor, Inc. will post -0.54 EPS for the current fiscal year.

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.