indie Semiconductor (NASDAQ:INDI) Stock Price Down 15.1% Following Insider Selling

Posted by George Bondi on Jun 7th, 2026

Shares of indie Semiconductor, Inc. (NASDAQ:INDI – Get Free Report) dropped 15.1% during mid-day trading on Friday following insider selling activity. The company traded as low as $4.03 and last traded at $4.0750. Approximately 3,608,548 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 4,830,383 shares. The stock had previously closed at $4.80.

Specifically, COO Michael Wittmann sold 39,645 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $4.80, for a total value of $190,296.00. Following the completion of the transaction, the chief operating officer owned 98,309 shares of the company’s stock, valued at $471,883.20. This represents a 28.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Donald Mcclymont sold 9,425 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $5.12, for a total value of $48,256.00. Following the completion of the transaction, the chief executive officer directly owned 307,363 shares of the company’s stock, valued at approximately $1,573,698.56. This trade represents a 2.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In other news, CFO Naixi Wu sold 12,898 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $5.12, for a total value of $66,037.76. Following the completion of the transaction, the chief financial officer owned 114,787 shares of the company’s stock, valued at $587,709.44. This represents a 10.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Wall Street Analysts Forecast Growth

INDI has been the subject of a number of recent analyst reports. Wall Street Zen raised indie Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of indie Semiconductor in a research note on Tuesday, April 21st. Finally, UBS Group upped their price objective on indie Semiconductor from $4.25 to $4.75 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $6.92.

Check Out Our Latest Stock Report on indie Semiconductor

indie Semiconductor Trading Down 15.6%

The company has a current ratio of 4.11, a quick ratio of 3.39 and a debt-to-equity ratio of 1.15. The stock has a 50 day simple moving average of $3.91 and a 200-day simple moving average of $3.75. The firm has a market cap of $918.95 million, a P/E ratio of -5.33 and a beta of 2.73.

indie Semiconductor (NASDAQ:INDI – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.06). indie Semiconductor had a negative return on equity of 29.85% and a negative net margin of 69.76%.The business had revenue of $55.46 million for the quarter, compared to the consensus estimate of $55.09 million. During the same quarter in the previous year, the company posted ($0.08) EPS. The company’s revenue was up 2.5% compared to the same quarter last year. On average, equities research analysts expect that indie Semiconductor, Inc. will post -0.52 EPS for the current fiscal year.

Institutional Trading of indie Semiconductor

A number of large investors have recently added to or reduced their stakes in the company. Optiver Holding B.V. increased its stake in indie Semiconductor by 7,163.7% in the 1st quarter. Optiver Holding B.V. now owns 8,208 shares of the company’s stock worth $26,000 after acquiring an additional 8,095 shares during the last quarter. Bank of America Corp DE increased its stake in indie Semiconductor by 0.9% in the 1st quarter. Bank of America Corp DE now owns 875,146 shares of the company’s stock worth $2,818,000 after acquiring an additional 7,875 shares during the last quarter. Granahan Investment Management LLC increased its stake in indie Semiconductor by 17.8% in the 1st quarter. Granahan Investment Management LLC now owns 20,283,839 shares of the company’s stock worth $65,314,000 after acquiring an additional 3,067,255 shares during the last quarter. Mizuho Markets Americas LLC increased its stake in indie Semiconductor by 10.7% in the 1st quarter. Mizuho Markets Americas LLC now owns 784,675 shares of the company’s stock worth $2,527,000 after acquiring an additional 75,550 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in indie Semiconductor by 81.5% in the 1st quarter. First Trust Advisors LP now owns 339,424 shares of the company’s stock worth $1,093,000 after acquiring an additional 152,463 shares during the last quarter. Institutional investors own 67.73% of the company’s stock.

indie Semiconductor Company Profile

(Get Free Report)

indie Semiconductor, Inc is a fabless semiconductor company headquartered in San Jose, California, that specializes in advanced chip solutions for the automotive industry. The company designs and develops microcontrollers, sensor processing units, application processors and power management integrated circuits tailored for electric vehicles (EVs), advanced driver assistance systems (ADAS), infotainment and digital clusters. indie’s product portfolio aims to deliver high performance, energy efficiency and functional safety to meet stringent automotive requirements.

Originally formed as Integrated Memory Systems in 2021 through a business combination with a special purpose acquisition company, the firm rebranded to indie Semiconductor in early 2022.