Callan Family Office LLC Purchases New Shares in indie Semiconductor, Inc. $INDI

Callan Family Office LLC purchased a new stake in shares of indie Semiconductor, Inc. (NASDAQ:INDIFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 27,594 shares of the company’s stock, valued at approximately $98,000.

Other institutional investors have also made changes to their positions in the company. National Bank of Canada FI lifted its holdings in shares of indie Semiconductor by 32.7% during the 1st quarter. National Bank of Canada FI now owns 17,852 shares of the company’s stock valued at $36,000 after buying an additional 4,400 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of indie Semiconductor by 36.5% during the 1st quarter. Hsbc Holdings PLC now owns 19,486 shares of the company’s stock valued at $39,000 after buying an additional 5,213 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of indie Semiconductor by 145.7% during the 2nd quarter. Signaturefd LLC now owns 11,457 shares of the company’s stock valued at $41,000 after buying an additional 6,794 shares during the last quarter. Abel Hall LLC acquired a new stake in shares of indie Semiconductor during the 2nd quarter valued at about $41,000. Finally, SlateStone Wealth LLC lifted its holdings in shares of indie Semiconductor by 27.1% during the 1st quarter. SlateStone Wealth LLC now owns 22,100 shares of the company’s stock valued at $45,000 after buying an additional 4,706 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors and hedge funds.

indie Semiconductor Stock Performance

Shares of NASDAQ INDI opened at $5.32 on Friday. 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 business’s 50 day moving average is $4.35 and its two-hundred day moving average is $3.44. The company has a market cap of $1.15 billion, a P/E ratio of -6.33 and a beta of 2.33. indie Semiconductor, Inc. has a 12 month low of $1.53 and a 12 month high of $6.05.

indie Semiconductor (NASDAQ:INDIGet Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($0.08) EPS for the quarter, hitting the consensus estimate of ($0.08). The company had revenue of $51.63 million for the quarter, compared to the consensus estimate of $51.40 million. indie Semiconductor had a negative return on equity of 28.43% and a negative net margin of 71.98%.The company’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same period in the previous year, the business posted ($0.09) EPS. indie Semiconductor has set its Q3 2025 guidance at EPS. On average, equities analysts expect that indie Semiconductor, Inc. will post -0.54 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on INDI. Roth Capital reiterated a “buy” rating and set a $8.00 price target on shares of indie Semiconductor in a report on Wednesday. Benchmark reissued a “buy” rating and issued a $8.00 price objective (up from $6.00) on shares of indie Semiconductor in a research note on Wednesday, June 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of indie Semiconductor in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised indie Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Six research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $6.25.

Get Our Latest Stock Report on indie Semiconductor

Insider Activity at indie Semiconductor

In related news, President Ichiro Aoki sold 8,877 shares of the company’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $4.22, for a total value of $37,460.94. Following the completion of the transaction, the president directly owned 82,634 shares in the company, valued at approximately $348,715.48. This represents a 9.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Michael Wittmann sold 59,375 shares of the company’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $4.29, for a total value of $254,718.75. Following the completion of the transaction, the chief operating officer owned 94,005 shares of the company’s stock, valued at $403,281.45. The trade was a 38.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 697,936 shares of company stock worth $3,207,331. 5.60% of the stock is owned by corporate insiders.

indie Semiconductor Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for indie Semiconductor (NASDAQ:INDI)

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