Indie Semiconductor Inc (NASDAQ: INDI) is -19.75% lower on its value in year-to-date trading and has touched a low of $1.53 and a high of $7.80 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 $3.03 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $3.25, the stock is 19.82% and 42.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.48 million and changing 7.26% at the moment leaves the stock -5.34% off its SMA200. INDI registered -57.63% loss for a year compared to 6-month loss of -18.14%. The firm has a 50-day simple moving average (SMA 50) of $2.2789 and a 200-day simple moving average (SMA200) of $3.43345.
The stock witnessed a 39.48% gain in the last 1 month and extending the period to 3 months gives it a 25.97%, and is 21.72% up 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 6.11% over the week and 5.24% over the month.
Indie Semiconductor Inc (INDI) has around 920 employees, a market worth around $690.67M and $218.41M in sales. Fwd P/E is 57.35. Profit margin for the company is -62.26%. Distance from 52-week low is 112.42% and -58.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.30%).
The EPS is expected to grow by 40.48% this year.
Indie Semiconductor Inc (INDI) Top Institutional Holders
254.0 institutions hold shares in Indie Semiconductor Inc (INDI), with institutional investors hold 99.82% of the company’s shares. The shares outstanding are 194.39M, and float is at 189.75M with Short Float at 27.54%. Institutions hold 97.30% 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 7.5495 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 Wittmann Michael, the company’s Chief Operating Officer. SEC filings show that Wittmann Michael sold 13,725 shares of the company’s common stock on Jun 02 ’25 at a price of $2.59 per share for a total of $35548.0. Following the sale, the insider now owns 0.1 million shares.
Indie Semiconductor Inc disclosed in a document filed with the SEC on Mar 07 ’25 that McClymont Donald (Chief Executive Officer) sold a total of 65,754 shares of the company’s common stock. The trade occurred on Mar 07 ’25 and was made at $2.90 per share for $0.19 million. Following the transaction, the insider now directly holds 0.25 million shares of the INDI stock.
Still, SEC filings show that on Mar 07 ’25, Aoki Ichiro (President) disposed off 2,605 shares at an average price of $2.90 for $7554.0. The insider now directly holds 59,465 shares of Indie Semiconductor Inc (INDI).
