For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Indie Semiconductor Inc (NASDAQ: INDI) was $2.67 for the day, up 2.30% from the previous closing price of $2.61. In other words, the price has increased by $2.30 from its previous closing price. On the day, 2.34 million shares were traded.
Ratios:
Our analysis of INDI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.64 and its Current Ratio is at 5.30. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.94.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on January 24, 2025, initiated with a Neutral rating and assigned the stock a target price of $4.50.
On February 23, 2024, Craig Hallum reiterated its Buy rating and also upped its target price recommendation from $12 to $10.
On December 01, 2023, CJS Securities started tracking the stock assigning a Market Outperform rating and target price of $15.CJS Securities initiated its Market Outperform rating on December 01, 2023, with a $15 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 02 ’25 when Wittmann Michael sold 13,725 shares for $2.59 per share. The transaction valued at 35,548 led to the insider holds 101,662 shares of the business.
McClymont Donald sold 65,754 shares of INDI for $190,687 on Mar 07 ’25. The Chief Executive Officer now owns 246,535 shares after completing the transaction at $2.90 per share. On Mar 07 ’25, another insider, Aoki Ichiro, who serves as the President of the company, sold 2,605 shares for $2.90 each. As a result, the insider received 7,554 and left with 59,465 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.60 while its Price-to-Book (P/B) ratio in mrq is 1.40.
Stock Price History:
Over the past 52 weeks, INDI has reached a high of $7.82, while it has fallen to a 52-week low of $1.53. The 50-Day Moving Average of the stock is 21.09%, while the 200-Day Moving Average is calculated to be -22.90%.
Shares Statistics:
A total of 194.39M shares are outstanding, with a floating share count of 189.80M. Insiders hold about 10.69% of the company’s shares, while institutions hold 87.69% stake in the company.
