indie Semiconductor, Inc. $INDI Shares Sold by General American Investors Co. Inc.

General American Investors Co. Inc. trimmed its position in shares of indie Semiconductor, Inc. (NASDAQ:INDI) by 42.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 944,107 shares of the company’s stock after selling 700,000 shares during the quarter. General American Investors Co. Inc. owned 0.41% of indie Semiconductor worth $2,762,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of INDI. Integrity Alliance LLC. purchased a new position in indie Semiconductor during the 3rd quarter valued at $153,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of indie Semiconductor during the third quarter worth $366,000. Inspire Investing LLC lifted its position in shares of indie Semiconductor by 38.3% during the third quarter. Inspire Investing LLC now owns 215,492 shares of the company’s stock worth $630,000 after purchasing an additional 59,711 shares during the last quarter. Axxcess Wealth Management LLC purchased a new stake in shares of indie Semiconductor during the third quarter valued at $33,000. Finally, Elemental Capital Partners LLC boosted its stake in shares of indie Semiconductor by 0.5% during the third quarter. Elemental Capital Partners LLC now owns 13,372,249 shares of the company’s stock valued at $39,114,000 after purchasing an additional 62,806 shares during the period. Institutional investors own 67.73% of the company’s stock.

indie Semiconductor News Roundup

Here are the key news stories impacting indie Semiconductor this week:

• Positive Sentiment: Third-quarter revenue rose 31% year over year to $70.2 million, narrowly exceeding estimates. The company also said automotive radar chipsets entered high-volume production, a potential source of future growth. indie Reports Third Quarter 2026 Results
• Neutral Sentiment: Fourth-quarter revenue guidance is $73 million to $81 million, with the midpoint of $77 million nearly matching analysts’ $76.9 million consensus. B. Riley kept its Buy rating but lowered its price target from $5 to $4; the new target still implies substantial upside from the cited $1.81 share price.
• Negative Sentiment: INDI reported a loss of $0.05 per share, missing the $0.04 loss analysts expected, though the loss narrowed from $0.07 a year earlier. B. Riley’s price-target cut also signals reduced expectations, despite its continued Buy rating. indie Semiconductor Reports Q3 Loss, Beats Revenue Estimates

indie Semiconductor Trading Up 33.6%

INDI traded up $0.46 during trading on Friday, hitting $1.81. 16,894,288 shares of the stock were exchanged, compared to its average volume of 6,040,906. The firm has a 50 day simple moving average of $2.60 and a 200 day simple moving average of $3.48. The firm has a market cap of $419.58 million, a price-to-earnings ratio of -2.51 and a beta of 3.10. indie Semiconductor, Inc. has a 1 year low of $1.34 and a 1 year high of $5.49. The company has a debt-to-equity ratio of 1.25, a quick ratio of 2.86 and a current ratio of 3.65.

indie Semiconductor (NASDAQ:INDI) last issued its earnings results on Thursday, November 5th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.01). indie Semiconductor had a negative return on equity of 32.02% and a negative net margin of 65.18%. The firm had revenue of $70.24 million during the quarter, compared to analysts’ expectations of $70.21 million. During the same quarter in the prior year, the company posted ($0.07) earnings per share. indie Semiconductor’s quarterly revenue was up 30.8% compared to the same quarter last year. As a group, equities analysts expect that indie Semiconductor, Inc. will post -0.54 EPS for the current year.

Insider Buying and Selling

In related news, COO Michael Wittmann sold 40,625 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $3.59, for a total transaction of $145,843.75. Following the sale, the chief operating officer owned 115,922 shares of the company’s stock, valued at $416,159.98. This trade represents a 25.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Naixi Wu sold 21,171 shares of indie Semiconductor stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $3.54, for a total value of $74,945.34. Following the completion of the transaction, the chief financial officer owned 153,183 shares in the company, valued at $542,267.82. This trade represents a 12.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 353,861 shares of company stock worth $1,296,644 over the last quarter. Insiders own 2.57% of the company’s stock.

Wall Street Analysts Forecast Growth

INDI has been the topic of a number of research analyst reports. Roth Capital set a $5.00 price target on shares of indie Semiconductor in a report on Friday, August 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of indie Semiconductor in a report on Thursday, October 15th. TD Cowen lowered their price objective on shares of indie Semiconductor from $4.50 to $2.00 and set a “hold” rating for the company in a research report on Monday, October 19th. Finally, B. Riley Financial lowered their price objective on shares of indie Semiconductor from $5.00 to $4.00 and set a “buy” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $3.94.

indie Semiconductor Profile

indie Semiconductor, Inc develops semiconductor and software solutions for the automotive industry. Its products are designed to support advanced driver-assistance systems (ADAS), vehicle electrification, connected-car applications and automotive user experiences.

The company’s technology portfolio includes solutions for automotive radar, computer vision, lidar, ultrasonic sensing, vehicle networking, battery management and power conversion. Its products are intended for use in systems such as automated parking, blind-spot detection, collision avoidance, in-cabin monitoring, lighting, infotainment and other intelligent vehicle functions.

Founded in 2007 and headquartered in Aliso Viejo, California, indie serves automotive manufacturers and suppliers internationally.