Stocks of Indie Semiconductor Inc (NASDAQ:INDI) traded higher last session on Wall Street, up 11.75% to $4.47.
INDI stock price is now 44.96% away from the 50-day moving average and 31.06% away from the 200-day moving average. The market capitalization of the company currently stands at $949.94M.
With the price target of $4.50, UBS recently initiated with Neutral rating for Indie Semiconductor Inc (NASDAQ: INDI). On February 23, 2024, Craig Hallum reiterated its ‘Buy’ rating on the stock by increasing its target price from $12 to quote $10, while ‘CJS Securities’ rates the stock as ‘Market Outperform’
In other news, Wittmann Michael, Chief Operating Officer sold 4,532 shares of the company’s stock on Jul 02 ’25. The stock was sold for $16,496 at an average price of $3.64. Upon completion of the transaction, the Chief Operating Officer now directly owns 109,630 shares in the company, valued at $0.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 16 ’25, Director Parekh Sonalee Elizabeth sold 11,841 shares of the business’s stock. A total of $40,496 was realized by selling the stock at an average price of $3.42. This leaves the insider owning 119,857 shares of the company worth $0.54 million. A total of 10.78% of the company’s stock is owned by insiders.
During the past 12 months, Indie Semiconductor Inc has had a low of $1.53 and a high of $7.45. As of last week, the company has a debt-to-equity ratio of 0.98, a current ratio of 5.30, and a quick ratio of 4.64. The fifty day moving average price for INDI is $2.9928 and a two-hundred day moving average price translates $3.405675 for the stock.
The latest earnings results from Indie Semiconductor Inc (NASDAQ: INDI) was released for 2025-03-31. The net profit margin was -62.26% and return on equity was -32.43% for INDI. The company reported revenue of $54.08 million for the quarter, compared to $52.35 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.29 percent.
