Indie Semiconductor Inc (INDI) President Ichiro Aoki Sells 50,000 Shares
On March 4, 2024, President Ichiro Aoki of Indie Semiconductor Inc (NASDAQ:INDI) executed a sale of 50,000 shares of company stock, as reported in a recent SEC Filing. The transaction was carried out at an average price of $6.77 per share, which calculates to a total transaction value of $338,500.
Indie Semiconductor Inc is a technology company that focuses on providing automotive semiconductors and software platforms. The company's solutions are geared towards advancing the electrification, connectivity, and autonomy of vehicles. Indie Semiconductor Inc designs and manufactures a range of integrated circuits and related products that are integral to the modern automotive industry.
Over the past year, the insider, Ichiro Aoki, has sold a cumulative total of 250,000 shares of Indie Semiconductor Inc and has not made any share purchases. This latest transaction continues a pattern of insider sales for the company, with a total of 19 insider sells and no insider buys reported over the same period.
On the date of the insider's most recent transaction, shares of Indie Semiconductor Inc were trading at $6.77, giving the company a market capitalization of approximately $1.02 billion.
The insider transaction history suggests a trend of insider sales for Indie Semiconductor Inc, which may be of interest to investors and market analysts. The data provided reflects the transactions made by company insiders and does not necessarily indicate the company's performance or future stock price movements.
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