Arteris (NASDAQ:AIP) Issues Quarterly Earnings Results

Key Points

• Arteris reported a quarterly loss of ($0.21) EPS, underperforming the consensus estimate of ($0.11).
• The company's shares rose by $3.55 during trading, reaching $13.00, with a trading volume significantly exceeding its average.
• Rosenblatt Securities maintained a "buy" rating and set a price target of $14.00 for Arteris stock.

Arteris (NASDAQ:AIP - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.10), Zacks reports. Arteris had a negative net margin of 52.78% and a negative return on equity of 8,546.17%. Arteris updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Arteris Price Performance

Shares of Arteris stock traded up $3.55 during trading hours on Tuesday, hitting $13.00. The company had a trading volume of 21,769,928 shares, compared to its average volume of 492,189. The company's 50-day moving average is $8.93 and its two-hundred day moving average is $8.36. Arteris has a twelve month low of $5.46 and a twelve month high of $14.29. The company has a market cap of $545.74 million, a P/E ratio of -15.85 and a beta of 1.45.

Wall Street Analyst Weigh In

Separately, Rosenblatt Securities reiterated a "buy" rating and set a $14.00 price target on shares of Arteris in a report on Wednesday, May 21st.

Insider Activity

In other news, Director Saiyed Atiq Raza sold 29,544 shares of the company's stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $10.07, for a total value of $297,508.08. Following the completion of the transaction, the director owned 653,118 shares in the company, valued at approximately $6,576,898.26. This represents a 4.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Nicholas B. Hawkins sold 11,000 shares of the company's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $7.54, for a total transaction of $82,940.00. Following the completion of the transaction, the chief financial officer owned 165,596 shares of the company's stock, valued at approximately $1,248,593.84. The trade was a 6.23% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 164,004 shares of company stock worth $1,543,564. Corporate insiders own 33.70% of the company's stock.

Institutional Trading of Arteris

An institutional investor recently bought a new position in Arteris stock. Strs Ohio purchased a new stake in Arteris, Inc. (NASDAQ:AIP - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 15,100 shares of the company's stock, valued at approximately $104,000. Hedge funds and other 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.

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