Arteris (NASDAQ:AIP) COO Laurent Moll Sells 23,762 Shares

Arteris, Inc. (NASDAQ:AIP) COO Laurent Moll sold 23,762 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $10.98, for a total value of $260,906.76. Following the completion of the sale, the chief operating officer directly owned 362,639 shares of the company’s stock, valued at approximately $3,981,776.22. The trade was a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Arteris Trading Up 23.7%

AIP stock opened at $13.58 on Tuesday. Arteris, Inc. has a 1-year low of $5.46 and a 1-year high of $14.58. The business’s 50 day simple moving average is $9.74 and its 200 day simple moving average is $8.47. The firm has a market capitalization of $579.19 million, a PE ratio of -16.56 and a beta of 1.45.

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AIP. Weiss Ratings restated a “sell (d-)” rating on shares of Arteris in a report on Saturday, September 27th. TD Cowen boosted 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. Finally, Wall Street Zen upgraded Arteris from a “sell” rating to a “hold” rating in a research report on Monday, September 15th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $15.00.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. acquired a new stake in Arteris during the first quarter worth about $95,000. Acadian Asset Management LLC boosted its stake in shares of Arteris by 40.6% in the 1st quarter. Acadian Asset Management LLC now owns 900,723 shares of the company’s stock valued at $6,222,000 after purchasing an additional 260,277 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its position 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 purchasing an additional 81,516 shares in the last quarter. Squarepoint Ops LLC bought a new stake in shares of Arteris during the fourth quarter worth $160,000. Finally, Nuveen LLC acquired a new stake in shares of Arteris during the 1st quarter valued at $349,000. Institutional investors 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.