Street Calls of the Week
indie Semiconductor (NASDAQ:INDI), a $842 million semiconductor company, saw Chief Operating Officer Michael Wittmann sell 20,908 shares of Class A Common Stock on September 10, 2025. The shares were sold at prices ranging from $3.95 to $3.97, for a total value of $82,586. The transaction comes amid a challenging week for the stock, which has declined nearly 10%. According to InvestingPro analysis, the stock currently trades below its Fair Value.
Following the transaction, Wittmann directly owns 94,005 shares of indie Semiconductor, Inc. InvestingPro data shows the stock has exhibited significant volatility, with a beta of 2.31. Subscribers can access 8 additional ProTips and a comprehensive analysis through the Pro Research Report.
In other recent news, Indie Semiconductor reported its second-quarter 2025 earnings, revealing revenue of $51.63 million, which exceeded analysts’ expectations of $51.4 million. Despite this revenue beat, the company recorded a loss per share of $0.20, larger than the anticipated $0.08 loss. These financial results were followed by investor optimism, as indicated by stock movement, although specific price changes are not detailed here. Additionally, Indie Semiconductor updated its at-the-market equity offering program for unsold shares. The company registered approximately $59.8 million of its Class A common stock under a new shelf registration statement. This move allows Indie Semiconductor to continue offering these shares, initially registered in 2022, under the updated registration. These developments indicate ongoing strategic financial maneuvers by the company.
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