Indie Semiconductor Inc’s recent filing unveils that its Chief Executive Officer McClymont Donald unloaded Company’s shares for reported $0.16 million on Feb 27 ’25. In the deal valued at $3.12 per share,50,000 shares were sold. As a result of this transaction, McClymont Donald now holds 65,932 shares worth roughly $0.18 million.
Then, DONALD MCCLYMONT bought 50,000 shares, generating $160,000 in total proceeds.
Before that, Wittmann Michael sold 2,012 shares. Indie Semiconductor Inc shares valued at $9,477 were divested by the Chief Operating Officer at a price of $4.71 per share. As a result of the transaction, Wittmann Michael now holds 35,831 shares, worth roughly $99251.87.
UBS initiated its Indie Semiconductor Inc [INDI] rating to a Neutral in a research note published on January 24, 2025; the price target was $4.50. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who remained covering the stock and in late February has reiterated a ‘”a Buy”‘ rating for it. CJS Securities began covering INDI with “Market outperform” recommendation on December 01, 2023. B. Riley Securities revised its rating on February 14, 2023. It rated INDI as “a Buy” which previously was an “a Neutral”.
Price Performance Review of INDI
On Monday, Indie Semiconductor Inc [NASDAQ:INDI] saw its stock fall -7.97% to $2.77. Over the last five days, the stock has lost -20.97%. Indie Semiconductor Inc shares have fallen nearly -31.60% since the year began. Nevertheless, the stocks have fallen -54.40% over the past one year. While a 52-week high of $7.82 was reached on 01/07/25, a 52-week low of $2.93 was recorded on 03/03/25. SMA at 50 days reached $4.04, while 200 days put it at $4.74.
Levels Of Support And Resistance For INDI Stock
The 24-hour chart illustrates a support level at 2.60, which if violated will result in even more drops to 2.42. On the upside, there is a resistance level at 3.01. A further resistance level may holdings at 3.24. The Relative Strength Index (RSI) on the 14-day chart is 26.15, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.41%. Stochastics %K at 4.90% indicates the stock is a buying.
