Insider Selling: Arteris (NASDAQ:AIP) COO Sells $217,752.00 in Stock

Arteris, Inc. (NASDAQ:AIP) COO Laurent Moll sold 17,200 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $12.66, for a total value of $217,752.00. Following the completion of the transaction, the chief operating officer directly owned 343,885 shares of the company’s stock, valued at $4,353,584.10. This trade represents a 4.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Arteris Price Performance

Shares of AIP stock opened at $13.49 on Thursday. Arteris, Inc. has a 12-month low of $5.46 and a 12-month high of $14.58. The firm has a market capitalization of $575.35 million, a price-to-earnings ratio of -16.45 and a beta of 1.45. The business has a 50 day simple moving average of $9.84 and a 200 day simple moving average of $8.53.

Arteris (NASDAQ:AIP) last issued its quarterly earnings data on Tuesday, August 5th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.11). The business had revenue of $16.50 million during the quarter, compared to analyst estimates 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 analysts anticipate that Arteris, Inc. will post -0.73 EPS for the current fiscal year.

Institutional Trading of Arteris

A number of hedge funds have recently modified their holdings of the business. Needham Investment Management LLC lifted its holdings in shares of Arteris by 2.5% in the first quarter. Needham Investment Management LLC now owns 2,812,500 shares of the company’s stock valued at $19,434,000 after purchasing an additional 67,500 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Arteris by 9.6% in the second quarter. Franklin Resources Inc. now owns 1,637,171 shares of the company’s stock valued at $15,602,000 after purchasing an additional 142,936 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Arteris by 9.6% in the second quarter. Acadian Asset Management LLC now owns 987,011 shares of the company’s stock valued at $9,403,000 after purchasing an additional 86,288 shares in the last quarter. Westerly Capital Management LLC lifted its holdings in shares of Arteris by 14.5% in the second quarter. Westerly Capital Management LLC now owns 680,000 shares of the company’s stock valued at $6,480,000 after purchasing an additional 85,950 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Arteris by 4.8% during the second quarter. Geode Capital Management LLC now owns 652,754 shares of the company’s stock worth $6,222,000 after acquiring an additional 30,018 shares in the last quarter. Hedge funds and other institutional investors own 64.36% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on AIP. Weiss Ratings restated a “sell (d-)” rating on shares of Arteris in a research report on Wednesday. TD Cowen raised 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. Finally, Wall Street Zen upgraded Arteris from a “sell” rating to a “hold” rating in a research report on Monday, September 15th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus 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.