This indie Semiconductor Insider Reduced Their Stake By 48%

Viewing insider transactions for indie Semiconductor, Inc.'s (NASDAQ:INDI ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

While insider transactions are not the most important thing when it comes to long-term investing, we do think it is perfectly logical to keep tabs on what insiders are doing.

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indie Semiconductor Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider sale was by the Co-Founder, Donald McClymont, for US$377k worth of shares, at about US$4.72 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The good news is that this large sale was at well above current price of US$4.24. So it may not shed much light on insider confidence at current levels. The only individual insider seller over the last year was Donald McClymont.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

See our latest analysis for indie Semiconductor

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Insider Ownership Of indie Semiconductor

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. We usually like to see fairly high levels of insider ownership. It appears that indie Semiconductor insiders own 1.3% of the company, worth about US$12m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

So What Does This Data Suggest About indie Semiconductor Insiders?

There haven't been any insider transactions in the last three months -- that doesn't mean much. Still, the insider transactions at indie Semiconductor in the last 12 months are not very heartening. But we do like the fact that insiders own a fair chunk of the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing indie Semiconductor. To assist with this, we've discovered 2 warning signs that you should run your eye over to get a better picture of indie Semiconductor.

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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.