Insider Selling: Arteris (NASDAQ:AIP) COO Sells 1,554 Shares of Stock

Key Points

• Arteris, Inc. COO Laurent Moll sold 1,554 shares of the company at an average price of $11.09, resulting in a total transaction of $17,233.86, while retaining 361,085 shares valued over $4 million.
• The stock's price increased to $13.58 recently, with a market capitalization of approximately $579.19 million and a P/E ratio of -16.56, indicating ongoing volatility.
• Analysts have mixed ratings for AIP, giving it an average rating of "Moderate Buy" with a consensus target price of $15, while some firms have downgraded their ratings to "sell."

Arteris, Inc. (NASDAQ:AIP - Get Free Report) COO Laurent Moll sold 1,554 shares of the stock in a transaction on Friday, October 3rd. The shares were sold at an average price of $11.09, for a total transaction of $17,233.86. Following the completion of the sale, the chief operating officer owned 361,085 shares of the company's stock, valued at approximately $4,004,432.65. This represents a 0.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Arteris Stock Performance

Shares of AIP stock traded up $2.60 during midday trading on Monday, hitting $13.58. 4,397,458 shares of the company were exchanged, compared to its average volume of 565,523. The firm's 50 day moving average price is $9.65 and its two-hundred day moving average price is $8.43. The firm has a market capitalization of $579.19 million, a P/E ratio of -16.56 and a beta of 1.45. Arteris, Inc. has a 52 week low of $5.46 and a 52 week high of $14.58.

Arteris (NASDAQ:AIP - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported ($0.11) earnings per share (EPS) 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 business had revenue of $16.50 million during the quarter, compared to analysts' expectations of $16.35 million. Arteris has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts expect that Arteris, Inc. will post -0.73 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on AIP. Weiss Ratings reiterated a "sell (d-)" rating on shares of Arteris in a report on Saturday, September 27th. Wall Street Zen raised shares of Arteris from a "sell" rating to a "hold" rating in a research report on Monday, September 15th. Finally, TD Cowen boosted their price objective on Arteris from $12.00 to $15.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. 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 MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $15.00.

Hedge Funds Weigh In On Arteris

Several institutional investors and hedge funds have recently added to or reduced their stakes in AIP. Raymond James Financial Inc. bought a new stake in Arteris in the second quarter worth $32,000. CWM LLC lifted its position in Arteris by 4,810.1% during the first quarter. CWM LLC now owns 10,213 shares of the company's stock valued at $71,000 after purchasing an additional 10,005 shares in the last quarter. Cambridge Investment Research Advisors Inc. purchased a new stake in Arteris in the 1st quarter worth approximately $95,000. Savant Capital LLC bought a new position in Arteris in the 2nd quarter worth $97,000. Finally, Kapitalo Investimentos Ltda bought a new stake in shares of Arteris during the second quarter 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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