Granahan Investment Management Reduces Stake in indie Semiconductor

Institutional investor cuts holdings in electric vehicle chip company by 10.3% in Q3

Mar. 16, 2026 at 10:38am

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Granahan Investment Management LLC, a major institutional investor, reduced its stake in indie Semiconductor, Inc. (NASDAQ:INDI) by 10.3% in the third quarter of 2026. The firm now owns 17,474,795 shares, or 7.96% of the electric vehicle chip company's outstanding stock, worth $71.1 million.

Why it matters

indie Semiconductor is a key player in the fast-growing electric vehicle and advanced driver assistance systems (ADAS) semiconductor market. Granahan Investment Management's reduction in its position could signal broader investor concerns about the company's outlook or valuation.

The details

According to a 13F filing with the SEC, Granahan Investment Management sold 2,012,607 shares of indie Semiconductor in Q3 2026. The firm now holds a 7.96% stake in the company, down from 8.87% previously. indie Semiconductor makes up about 2.9% of Granahan's overall investment portfolio, making it the firm's 7th largest holding.

  • Granahan Investment Management reduced its indie Semiconductor stake in Q3 2026.

The players

Granahan Investment Management LLC

An institutional investment firm that owns a significant stake in indie Semiconductor.

indie Semiconductor, Inc.

A fabless semiconductor company that specializes in advanced chip solutions for the electric vehicle and ADAS markets.

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The takeaway

Granahan Investment Management's reduction in its indie Semiconductor holdings could signal broader investor concerns about the company's outlook or valuation, though the reasons behind the move are not entirely clear. As a key player in the fast-growing EV and ADAS semiconductor market, indie Semiconductor's performance will continue to be closely watched by investors.