Spain’s credit rating upgraded to ’A+’ by S&P on strong growth
ichiro aoki, president of indie Semiconductor, Inc. (NASDAQ:INDI), sold 8,877 shares of Class A Common Stock on September 8, 2025, at a price of $4.22, totaling $37,460. The stock, currently trading at $4.05, has shown strong momentum with a 38% gain over the past six months, according to InvestingPro data.
The transaction is detailed in a Form 4 filing with the Securities and Exchange Commission. The sale was to cover withholding taxes related to the vesting of restricted stock units. With an overall Financial Health score of "FAIR" and volatile price movements, InvestingPro subscribers can access 8 additional key insights about INDI’s investment potential.
On September 5, 2025, Aoki also acquired 24,316 shares of Class A Common Stock upon the exercise of restricted stock units at a price of $0. Following these transactions, Aoki directly owns 82,634 shares of Class A Common Stock and 4,939,362 shares of Class V Common Stock. The company, with a market capitalization of $870 million, currently trades near its InvestingPro Fair Value.
In other recent news, Indie Semiconductor reported its second-quarter 2025 earnings, which exceeded revenue expectations. The company achieved $51.63 million in revenue, surpassing the forecast of $51.4 million. However, Indie Semiconductor recorded a larger-than-expected loss per share of $0.20, compared to the anticipated loss of $0.08. Additionally, Indie Semiconductor has updated its at-the-market equity offering program. As of the latest update, approximately $59.8 million of its Class A common stock remains unsold from its previously disclosed $150 million offering. To facilitate the continuation of the offering, the company filed a prospectus supplement to a new automatic shelf registration statement. This filing aims to allow Indie Semiconductor to continue offering the remaining unsold shares under the updated registration. These developments highlight significant financial activities for the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.