During the recent session, Indie Semiconductor Inc (NASDAQ:INDI)’s traded shares were 0.43 million, with the beta value of the company hitting 1.41. At the last check today, the stock’s price was $4.23, reflecting an intraday loss of -0.73% or -$0.03. The 52-week high for the INDI share is $7.82, that puts it down -84.87 from that peak though still a striking 25.3% gain since the share price plummeted to a 52-week low of $3.16. The company’s market capitalization is $853.84M, and the average intraday trading volume over the past 10 days was 4.02 million shares, and the average trade volume was 5.32 million shares over the past three months.
Indie Semiconductor Inc (INDI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. INDI has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.
Indie Semiconductor Inc (NASDAQ:INDI) trade information
Indie Semiconductor Inc (INDI) registered a -0.73% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.73% in intraday trading to $4.23, hitting a weekly high. The stock’s 5-day price performance is -3.89%, and it has moved by 2.14% in 30 days. Based on these gigs, the overall price performance for the year is -40.77%. The short interest in Indie Semiconductor Inc (NASDAQ:INDI) is 45.2 million shares and it means that shorts have 6.12 day(s) to cover.
The consensus price target of analysts on Wall Street is $9, which implies an increase of 53.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $9 respectively. As a result, INDI is trading at a discount of -112.77% off the target high and -112.77% off the low.
Indie Semiconductor Inc (INDI) estimates and forecasts
Statistics show that Indie Semiconductor Inc has outperformed its competitors in share price, compared to the industry in which it operates. Indie Semiconductor Inc (INDI) shares have gone down -34.23% during the last six months, with a year-to-date growth rate more than the industry average at -2.94% against -5.20.
INDI Dividends
Indie Semiconductor Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Indie Semiconductor Inc (NASDAQ:INDI)’s Major holders
The next largest institutional holding, with 15.78 million shares, is of PRIMECAP MANAGEMENT CO/CA/’s that is approximately 9.5862% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $97.36 million.
Also, the Mutual Funds coming in first place with the largest holdings of Indie Semiconductor Inc (INDI) shares are Primecap Odyssey Aggressive Growth Fund and Vanguard Total Stock Market Index Fund. Data provided on Oct 31, 2024 indicates that Primecap Odyssey Aggressive Growth Fund owns about 16.17 shares. This amounts to just over 8.80 percent of the company’s overall shares, with a $68.01 million market value. The same data shows that the other fund manager holds slightly less at 4.52, or about 2.46% of the stock, which is worth about $18.99 million.
