Indie Semiconductor Inc (NASDAQ: INDI) is -43.95% lower on its value in year-to-date trading and has touched a low of $2.29 and a high of $7.82 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INDI stock was last observed hovering at around $2.49 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $2.27, the stock is -23.19% and -38.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.76 million and changing -8.84% at the moment leaves the stock -49.96% off its SMA200. INDI registered -64.20% loss for a year compared to 6-month loss of -41.94%. The firm has a 50-day simple moving average (SMA 50) of $3.6911 and a 200-day simple moving average (SMA200) of $4.536525.
The stock witnessed a -41.19% gain in the last 1 month and extending the period to 3 months gives it a -48.99%, and is -12.02% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.72% over the week and 8.89% over the month.
Indie Semiconductor Inc (INDI) has around 920 employees, a market worth around $473.28M and $216.68M in sales. Fwd P/E is 14.64. Profit margin for the company is -61.20%. Distance from 52-week low is -0.87% and -70.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.55%).
with sales reaching $54.94M over the same period.The EPS is expected to grow by 52.68% this year, but quarterly earnings will post 21.65% year-over-year. Quarterly sales are estimated to grow 4.94% in year-over-year returns.
Indie Semiconductor Inc (INDI) Top Institutional Holders
262.0 institutions hold shares in Indie Semiconductor Inc (INDI), with institutional investors hold 103.51% of the company’s shares. The shares outstanding are 189.16M, and float is at 185.86M with Short Float at 26.76%. Institutions hold 101.04% of the Float.
The top institutional shareholder in the company is GRANAHAN INVESTMENT MANAGEMENT, LLC with over 18.39 million shares valued at $113.48 million. The investor’s holdings represent 10.8086% of the INDI Shares outstanding. As of 2024-06-30, the second largest holder is PRIMECAP MANAGEMENT CO/CA/ with 15.78 million shares valued at $97.36 million to account for 9.2729 of the shares outstanding. The other top investors are BAMCO INC /NY/ which holds 15.15 million shares representing 8.904% and valued at over $93.48 million, while BLACKROCK INC. holds 7.8046 of the shares totaling 12.85 million with a market value of $79.26 million.
Indie Semiconductor Inc (INDI) Insider Activity
The most recent transaction is an insider sale by McClymont Donald, the company’s Chief Executive Officer. SEC filings show that McClymont Donald sold 65,754 shares of the company’s common stock on Mar 07 ’25 at a price of $2.90 per share for a total of $0.19 million. Following the sale, the insider now owns 0.25 million shares.
Indie Semiconductor Inc disclosed in a document filed with the SEC on Mar 07 ’25 that Aoki Ichiro (President) sold a total of 2,605 shares of the company’s common stock. The trade occurred on Mar 07 ’25 and was made at $2.90 per share for $7554.0. Following the transaction, the insider now directly holds 59465.0 shares of the INDI stock.
Still, SEC filings show that on Mar 07 ’25, Wittmann Michael (Chief Operating Officer) disposed off 13,570 shares at an average price of $2.90 for $39353.0. The insider now directly holds 67,012 shares of Indie Semiconductor Inc (INDI).
