Arteris (NASDAQ:AIP) VP Sells $19,795.82 in Stock

Key Points

• Paul Alpern, VP of Arteris, sold 2,278 shares of the company's stock for a total of $19,795.82, reducing his ownership by 3.00% to 73,587 shares valued at approximately $639,471.03.
• Arteris' stock traded down $0.06 to $8.66 with a market capitalization of $369.35 million, and it has a 52-week range of $5.46 to $14.29.
• Analyst ratings for AIP stock are mixed, with TD Cowen raising the price target to $15.00 and Wall Street Zen downgrading it to a "sell," while the consensus remains a "buy" with three analysts supporting this view.

Arteris, Inc. (NASDAQ:AIP - Get Free Report) VP Paul Alpern sold 2,278 shares of the company's stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $8.69, for a total value of $19,795.82. Following the sale, the vice president owned 73,587 shares in the company, valued at approximately $639,471.03. This trade represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Arteris Stock Performance

AIP stock traded down $0.06 during midday trading on Wednesday, reaching $8.66. 663,098 shares of the company traded hands, compared to its average volume of 550,932. Arteris, Inc. has a 52-week low of $5.46 and a 52-week high of $14.29. The business has a 50 day moving average of $9.50 and a 200-day moving average of $8.22. The firm has a market capitalization of $369.35 million, a price-to-earnings ratio of -10.56 and a beta of 1.44.

Arteris (NASDAQ:AIP - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.11). Arteris had a negative return on equity of 8,546.17% and a negative net margin of 52.41%.The business had revenue of $16.50 million for the quarter, compared to the consensus estimate of $16.35 million. Arteris has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts anticipate that Arteris, Inc. will post -0.73 earnings per share for the current year.

Wall Street Analyst Weigh In

AIP has been the topic 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 downgraded Arteris from a "hold" rating to a "sell" rating in a report on Sunday. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $14.00 target price on shares of Arteris in a research report on Wednesday, May 21st. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $15.00.

Institutional Trading of Arteris

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Arteris in the 1st quarter worth $95,000. Two Sigma Advisers LP boosted its position in shares of Arteris by 82.9% in the 4th quarter. Two Sigma Advisers LP now owns 23,600 shares of the company's stock worth $240,000 after purchasing an additional 10,700 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of Arteris in the 4th quarter worth $214,000. Price T Rowe Associates Inc. MD acquired a new stake in shares of Arteris in the 4th quarter worth $117,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of Arteris in the 4th quarter worth $160,000. Institutional investors own 64.36% of the company's stock.

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.

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