Arteris (NASDAQ:AIP) COO Laurent Moll Sells 42,692 Shares

Arteris, Inc. (NASDAQ:AIPGet Free Report) COO Laurent Moll sold 42,692 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $8.94, for a total value of $381,666.48. Following the completion of the transaction, the chief operating officer directly owned 399,379 shares in the company, valued at $3,570,448.26. The trade was a 9.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Arteris Trading Down 2.4%

NASDAQ:AIP opened at $8.83 on Thursday. Arteris, Inc. has a 1-year low of $5.46 and a 1-year high of $14.29. The business’s 50-day moving average price is $9.56 and its two-hundred day moving average price is $8.26. The firm has a market capitalization of $376.60 million, a price-to-earnings ratio of -10.77 and a beta of 1.44.

Arteris (NASDAQ:AIPGet Free Report) last released its earnings results on Tuesday, August 5th. The company reported ($0.11) earnings per share for the quarter, meeting the consensus estimate 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 predict that Arteris, Inc. will post -0.73 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AIP has been the subject of several recent analyst reports. TD Cowen increased their price target on Arteris from $12.00 to $15.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Wall Street Zen upgraded Arteris from a “sell” rating to a “hold” rating in a report on Saturday, August 30th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $14.00 price target on shares of Arteris in a report on Wednesday, May 21st. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $15.00.

Get Our Latest Stock Analysis on AIP

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. bought a new position in shares of Arteris during the first quarter worth about $95,000. G2 Investment Partners Management LLC bought a new position in shares of Arteris during the fourth quarter worth about $2,799,000. BNP Paribas Financial Markets bought a new position in shares of Arteris during the fourth quarter worth about $214,000. Two Sigma Advisers LP grew its holdings in shares of Arteris by 82.9% during the fourth quarter. Two Sigma Advisers LP now owns 23,600 shares of the company’s stock worth $240,000 after buying an additional 10,700 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD bought a new position in shares of Arteris during the fourth quarter worth about $117,000. 64.36% of the stock is currently owned by institutional investors.

About Arteris

(Get Free Report)

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.

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