In last trading session, Indie Semiconductor Inc (NASDAQ:INDI) saw 3.57 million shares changing hands with its beta currently measuring 2.12. Company’s recent per share price level of $2.74 trading at $0.06 or 2.24% at ring of the bell on the day assigns it a market valuation of $582.29M. That closing price of INDI’s stock is at a discount of -185.4% from its 52-week high price of $7.82 and is indicating a premium of 44.16% from its 52-week low price of $1.53. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.47 million shares which gives us an average trading volume of 4.04 million if we extend that period to 3-months.
For Indie Semiconductor Inc (INDI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Indie Semiconductor Inc (NASDAQ:INDI) trade information
Upright in the green during last session for gaining 2.24%, in the last five days INDI remained trading in the green while hitting it’s week-highest on Wednesday, 05/14/25 when the stock touched $2.74 price level, adding 3.18% to its value on the day. Indie Semiconductor Inc’s shares saw a change of -32.35% in year-to-date performance and have moved 28.04% in past 5-day. Indie Semiconductor Inc (NASDAQ:INDI) showed a performance of 37.00% in past 30-days. Number of shares sold short was 48.52 million shares which calculate 14.35 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 9 to the stock, which implies a rise of 69.56% to its current value. Analysts have been projecting 9 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would drop -228.47% in reaching the projected high whereas dropping to the targeted low would mean a loss of -228.47% for stock’s current value.
Indie Semiconductor Inc (NASDAQ:INDI)’s Major holders
Insiders are in possession of 2.42% of company’s total shares while institution are holding 100.35 percent of that, with stock having share float percentage of 102.84%. Investors also watch the number of corporate investors in a company very closely, which is 100.35% institutions for Indie Semiconductor Inc that are currently holding shares of the company. GRANAHAN INVESTMENT MANAGEMENT, LLC is the top institutional holder at INDI for having 18.39 million shares of worth $113.48 million. And as of 2024-06-30, it was holding 10.8086 of the company’s outstanding shares.
The second largest institutional holder is PRIMECAP MANAGEMENT CO/CA/, which was holding about 15.78 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.2729 of outstanding shares, having a total worth of $97.36 million.
On the other hand, PRIMECAP Odyssey Funds-PRIMECAP Odyssey Aggressive Growth Fund and BARON INVESTMENT Fd.S TRT -BARON SMALL CAP Fd. are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 17.53 shares of worth $48.03 million or 8.93% of the total outstanding shares. The later fund manager was in possession of 6.0 shares on Dec 31, 2024 , making its stake of worth around $16.44 million in the company or a holder of 3.06% of company’s stock.
