Indie semi CEO McClymont sells $322k in INDI stock
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Gold prices climb amid boost to safe haven demand after U.S.-Iran escalation Dollar surges to over five-week high on U.S.-Iran escalation; euro, sterling slip Stocks end mixed in a solid rebound from initial slide on U.S.-Iran conflict Gold price surge after Iran attack could fade, Pepperstone says FLASH SALE (South Africa Philippines Nigeria) FLASH SALE Indie semi CEO McClymont sells $322k in INDI stock By Investing.com Insider Trading Published 03/02/2026, 08:58 PM Indie semi CEO McClymont sells $322k in INDI stock 0 INDI -7.38% Indie Semiconductor NASDAQ:INDI Chief Executive Officer Donald McClymont sold a total of 90,644 shares of Class A Common Stock on March 2, 2026, in two separate transactions. The shares were sold at a price of $3.5617, totaling $322,846. The stock currently trades at $3.39, reflecting the company’s volatile price movements, with a beta of 2.54 indicating significantly higher volatility than the broader market. On the same date, McClymont also exercised options to acquire 186,835 shares of Class A Common Stock upon the vesting of Restricted Stock Units.The transaction comes as the semiconductor company faces profitability challenges, with a negative gross profit margin of -31% over the last twelve months. For deeper insights into INDI’s financial health and growth prospects, InvestingPro offers comprehensive analysis including Fair Value estimates and exclusive Pro Research Reports for over 1,400 US equities. In other recent news, Indie Semiconductor has been selected by Mahindra & Mahindra Limited to supply in-cabin monitoring software for Mahindra’s Electric Origin SUVs, the XEV 9e and BE 6. This partnership will see the integration of Indie’s CABIN EYE perception software, developed by its emotion3D unit, with Mahindra’s EyeDentity hardware platform. Additionally, UBS has adjusted its outlook on Indie Semiconductor, lowering the stock price target to $4.25 from $5.00 while maintai...
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