Arteris (NASDAQ:AIP) CFO Nicholas Hawkins Sells 6,421 Shares

Arteris, Inc. (NASDAQ:AIP) CFO Nicholas Hawkins sold 6,421 shares of the business’s stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $13.21, for a total value of $84,821.41. Following the completion of the sale, the chief financial officer owned 93,590 shares in the company, valued at $1,236,323.90. The trade was a 6.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Arteris Stock Performance

NASDAQ AIP opened at $13.49 on Thursday. The stock has a market capitalization of $575.35 million, a price-to-earnings ratio of -16.45 and a beta of 1.45. The stock’s 50 day moving average price is $9.84 and its two-hundred day moving average price is $8.53. Arteris, Inc. has a 52 week low of $5.46 and a 52 week high of $14.58.

Arteris (NASDAQ:AIP) last released its earnings results on Tuesday, August 5th. The company reported ($0.11) EPS for the quarter, meeting the consensus estimate of ($0.11). The firm had revenue of $16.50 million for the quarter, compared to analysts’ expectations of $16.35 million. Arteris had a negative return on equity of 8,546.17% and a negative net margin of 52.41%. Arteris has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts forecast that Arteris, Inc. will post -0.73 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in Arteris in the 2nd quarter valued at $32,000. GAMMA Investing LLC grew its holdings in Arteris by 11,823.3% in the 1st quarter. GAMMA Investing LLC now owns 5,127 shares of the company’s stock valued at $350,000 after buying an additional 5,084 shares in the last quarter. Bank of America Corp DE grew its holdings in Arteris by 11.8% in the 2nd quarter. Bank of America Corp DE now owns 57,093 shares of the company’s stock valued at $544,000 after buying an additional 6,008 shares in the last quarter. CWM LLC grew its holdings in Arteris by 4,810.1% in the 1st quarter. CWM LLC now owns 10,213 shares of the company’s stock valued at $71,000 after buying an additional 10,005 shares in the last quarter. Finally, Savant Capital LLC acquired a new position in Arteris in the 2nd quarter valued at $97,000. 64.36% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AIP has been the topic of a number of analyst reports. Wall Street Zen upgraded Arteris from a “sell” rating to a “hold” rating in a research note on Monday, September 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Arteris in a research note on Wednesday. Finally, TD Cowen upped their price objective on Arteris from $12.00 to $15.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $15.00.

Arteris Company Profile

Arteris, Inc provides semiconductor interconnect intellectual property (IP) and System-on-Chip (Soc) Integration Automation software solutions (SIA) in the Americas, the Asia Pacific, Europe, and the Middle East. The company develops, licenses, and supports the on-chip interconnect fabric technology used in Soc designs and Network-on-Chip (NoC) interconnect IP.