GuruFocus - On June 21, 2024, Ichiro Aoki, President of Indie Semiconductor Inc (NASDAQ:INDI), executed a significant transaction by selling 150,000 shares of the company. The sale was documented in a recent SEC Filing. Following this transaction, the insider now owns 36,631 shares of Indie Semiconductor Inc.
Indie Semiconductor Inc focuses on designing and manufacturing semiconductors and software platforms for the automotive industry. The company's products are integral in applications such as Advanced Driver Assistance Systems (ADAS), connectivity, user experience, and electrification.
Over the past year, Ichiro Aoki has sold a total of 500,000 shares and has not purchased any shares. This recent transaction is part of a broader trend observed within the company, where there have been 21 insider sells and no insider buys over the last year.
Shares of Indie Semiconductor Inc were priced at $6.25 on the day of the transaction, positioning the company with a market cap of approximately $1.07 billion. According to the GF Value, the intrinsic value of the stock is estimated at $16.51, suggesting that the stock is currently undervalued with a price-to-GF-Value ratio of 0.38. This valuation categorizes the stock as a Possible Value Trap, indicating that investors should think twice before making an investment decision.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sell event by Ichiro Aoki provides critical data for investors monitoring insider behaviors and evaluating the company's stock valuation and market position.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This content was originally published on Gurufocus.com
