SCHEDULE: Neuberger Berman Discloses 4.83% Stake in Indie Semiconductor

Neuberger Berman Group LLC has reported a 4.83% beneficial ownership stake in Indie Semiconductor Inc Class A common stock as of October 31, 2025.

Summary

• Neuberger Berman Group LLC and its subsidiary, Neuberger Berman Investment Advisers LLC, filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Indie Semiconductor Inc Class A common stock.
• Neuberger Berman Group LLC beneficially owns an aggregate of 9,599,370 shares, representing 4.83% of the class.
• Neuberger Berman Investment Advisers LLC beneficially owns an aggregate of 9,141,244 shares, representing 4.6% of the class.
• The shares are held with shared voting power (8,064,982 for Group LLC, 7,606,856 for Investment Advisers LLC) and shared dispositive power (9,599,370 for Group LLC, 9,141,244 for Investment Advisers LLC).
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The filing indicates a significant institutional investment by Neuberger Berman in Indie Semiconductor, suggesting a vote of confidence from a major asset manager. However, it does not provide operational or financial performance details of the issuer.

Positives

• Significant institutional investment from Neuberger Berman, a major asset manager, indicating confidence in Indie Semiconductor.
• The investment is stated to be in the ordinary course of business, suggesting a long-term investment strategy rather than an activist stance.

Risks

• No specific risks to the company's operations are mentioned in this ownership disclosure.
• Potential for future changes in ownership by Neuberger Berman could impact stock price volatility.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by Neuberger Berman may be viewed positively, potentially increasing investor confidence and liquidity.

Key Dates

Recommendation

A Schedule 13G filing primarily discloses beneficial ownership and does not provide sufficient information regarding the company's financial performance, strategic direction, or market position to warrant a strong buy or sell recommendation. While institutional investment can be a positive signal, it's a single data point. Investors should 'hold' and await more comprehensive financial reports or strategic updates from Indie Semiconductor before making definitive investment decisions.

Keywords

Indie Semiconductor, Neuberger Berman, Schedule 13G, Beneficial Ownership, Institutional Investor, Semiconductor, Class A Common Stock, Investment Advisers