Arteris (NASDAQ:AIP) COO Sells $17,233.86 in Stock

Arteris, Inc. (NASDAQ:AIP) COO Laurent Moll sold 1,554 shares of the firm’s stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $11.09, for a total value of $17,233.86. Following the transaction, the chief operating officer owned 361,085 shares in the company, valued at approximately $4,004,432.65. This trade represents a 0.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Arteris Price Performance

Arteris stock opened at $13.49 on Thursday. The stock’s fifty day moving average price is $9.84 and its two-hundred day moving average price is $8.53. Arteris, Inc. has a one year low of $5.46 and a one year high of $14.58. The firm has a market cap of $575.35 million, a PE ratio of -16.45 and a beta of 1.45.

Arteris (NASDAQ:AIP) last posted its quarterly earnings data on Tuesday, August 5th. The company reported ($0.11) EPS for the quarter, hitting analysts’ consensus estimates of ($0.11). Arteris had a negative return on equity of 8,546.17% and a negative net margin of 52.41%.The firm had revenue of $16.50 million for the quarter, compared to analyst estimates of $16.35 million. Arteris has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Sell-side analysts expect that Arteris, Inc. will post -0.73 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Arteris

Hedge funds have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Arteris during the 1st quarter valued at $95,000. Acadian Asset Management LLC lifted its holdings in Arteris by 40.6% during the 1st quarter. Acadian Asset Management LLC now owns 900,723 shares of the company’s stock worth $6,222,000 after buying an additional 260,277 shares during the period. Jacobs Levy Equity Management Inc. lifted its holdings in Arteris by 48.5% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 249,517 shares of the company’s stock worth $1,724,000 after buying an additional 81,516 shares during the period. Squarepoint Ops LLC acquired a new position in Arteris during the 4th quarter worth about $160,000. Finally, Nuveen LLC acquired a new position in Arteris during the 1st quarter worth about $349,000. Institutional investors and hedge funds own 64.36% of the company’s stock.

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.