Searching For Real Value In Market Debris At Indie Semiconductor Inc (NASDAQ: INDI)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Yahoo Finance discussed the stock recently as it posted indie Semiconductor Announces Strategic Investment in AI Processor Leader Expedera.

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Stocks Info

As a NASDAQ listed company, INDI falls under the Technology sector while operating within the Semiconductor Equipment & Materials industry segment. The current market capitalization of Indie Semiconductor Inc is $1.32B. A total of 2.69 million shares were traded on the day, compared to an average of 2.45M shares.

In the most recent transaction, Wittmann Michael sold 1,580 shares of INDI for 6.92 per share on Mar 21 ’24. After the transaction, the Chief Operating Officer now owns 35,460 company shares. In a previous transaction on Mar 11 ’24, Wittmann Michael sold 8,700 shares at 6.95 per share. INDI shares that Chief Operating Officer owns now total 35,460.

Among the insiders who sold shares, Aoki Ichiro disposed of 50,000 shares on Mar 04 ’24 at a per-share price of $6.77. This resulted in the President holding 31,208 shares of INDI after the transaction. In another insider transaction, McClymont Donald sold 50,000 shares at $6.25 per share on Feb 27 ’24. Company shares held by the Chief Executive Officer now total 76,750.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, INDI has a high of $10.85 and a low of $4.67.

As of this writing, INDI has an earnings estimate of -$0.08 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of -$0.08 per share and a lower estimate of -$0.09.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. INDI’s latest balance sheet shows that the firm has $219.08M in Cash & Short Term Investments as of fiscal 2021. There were $7.89M in debt and $33.72M in liabilities at the time. Its Book Value Per Share was $2.45, while its Total Shareholder’s Equity was $291.86M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for INDI is Buy with a score of 5.00.

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