Laurent Moll Sells 8,129 Shares of Arteris (NASDAQ:AIP) Stock

Arteris, Inc. (NASDAQ:AIP) COO Laurent Moll sold 8,129 shares of the company’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $8.74, for a total transaction of $71,047.46. Following the sale, the chief operating officer directly owned 386,552 shares in the company, valued at $3,378,464.48. This trade represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Arteris Trading Down 0.7%

NASDAQ AIP opened at $8.66 on Thursday. The firm’s fifty day moving average price is $9.49 and its two-hundred day moving average price is $8.22. Arteris, Inc. has a 1 year low of $5.46 and a 1 year high of $14.29. The firm has a market capitalization of $369.35 million, a P/E ratio of -10.56 and a beta of 1.44.

Arteris (NASDAQ:AIP) last posted its quarterly earnings results on Tuesday, August 5th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.11). Arteris had a negative net margin of 52.41% and a negative return on equity of 8,546.17%. 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. On average, research analysts anticipate that Arteris, Inc. will post -0.73 EPS for the current fiscal year.

Hedge Funds Weigh In On Arteris

Hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new position in Arteris during the second quarter worth about $32,000. GAMMA Investing LLC increased its position in Arteris by 11,823.3% during the first quarter. GAMMA Investing LLC now owns 5,127 shares of the company’s stock worth $350,000 after acquiring an additional 5,084 shares during the period. CWM LLC increased its position in Arteris by 4,810.1% during the first quarter. CWM LLC now owns 10,213 shares of the company’s stock worth $71,000 after acquiring an additional 10,005 shares during the period. Savant Capital LLC bought a new position in Arteris during the second quarter worth about $97,000. Finally, D. E. Shaw & Co. Inc. bought a new position in Arteris during the fourth quarter worth about $110,000. 64.36% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AIP has been the topic of several research analyst reports. Wall Street Zen lowered shares of Arteris from a “hold” rating to a “sell” rating in a research report on Sunday. Rosenblatt Securities reissued a “buy” rating and issued a $14.00 price objective on shares of Arteris in a research report on Wednesday, May 21st. Finally, TD Cowen increased their price objective on shares of Arteris from $12.00 to $15.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $15.00.

About Arteris

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.