Street Calls of the Week
Michael Wittmann, Chief Operating Officer of indie Semiconductor, Inc. (NASDAQ:INDI), sold 20,908 shares of Class A Common Stock on September 10, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The timing of this insider sale comes as the stock has experienced significant volatility, with InvestingPro data showing a nearly 10% decline over the past week, despite a impressive 51% gain over the last six months.
The shares were sold at prices ranging from $3.95 to $3.97, for a total value of $82,586. According to InvestingPro’s Fair Value analysis, the stock appears slightly undervalued at current levels. For deeper insights into INDI’s valuation and access to 8 additional ProTips, including crucial profitability metrics and growth forecasts, check out the comprehensive Pro Research Report available on InvestingPro. Following the transaction, Wittmann directly owns 94,005 shares of indie Semiconductor.
In other recent news, Indie Semiconductor reported its second-quarter 2025 earnings, which showed revenue of $51.63 million, surpassing the forecasted $51.4 million. Despite exceeding revenue expectations, the company reported a larger-than-expected loss per share of $0.20, compared to the anticipated $0.08. In another development, Indie Semiconductor announced an update to its at-the-market equity offering program. The company has registered approximately $59.8 million of unsold shares under a new shelf registration statement. This update allows Indie Semiconductor to continue offering the remaining shares under the revised registration. These recent developments reflect the company’s ongoing financial and strategic maneuvers.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.