Arteris (NASDAQ:AIP) COO Laurent R. Moll Sells 4,698 Shares

Key Points

• Laurent Moll, COO of Arteris, sold 4,698 shares at an average price of $8.80, totaling approximately $41,342.40, decreasing his ownership by 1.18% to 394,681 shares.
• Arteris stock rose 1.5% to $8.72 during trading with a 52-week range of $5.46 to $14.29.
• Analysts have mixed ratings for AIP, with three giving a Buy rating and a target price increase from $12.00 to $15.00 by TD Cowen.

Arteris, Inc. (NASDAQ:AIP - Get Free Report) COO Laurent R. Moll sold 4,698 shares of the company's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $8.80, for a total transaction of $41,342.40. Following the transaction, the chief operating officer directly owned 394,681 shares in the company, valued at approximately $3,473,192.80. This trade represents a 1.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Arteris Trading Down 2.0%

Shares of NASDAQ:AIP traded down $0.18 on Friday, reaching $8.75. 352,580 shares of the company were exchanged, compared to its average volume of 510,660. Arteris, Inc. has a 1-year low of $5.46 and a 1-year high of $14.29. The firm has a market cap of $373.19 million, a price-to-earnings ratio of -10.67 and a beta of 1.44. The company has a 50-day moving average of $9.48 and a 200-day moving average of $8.20.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. TD Cowen upped their price target on shares of Arteris from $12.00 to $15.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Rosenblatt Securities reissued a "buy" rating and issued a $14.00 price objective on shares of Arteris in a research note on Wednesday, May 21st. Finally, Wall Street Zen cut shares of Arteris from a "hold" rating to a "sell" rating in a research note on Sunday, September 7th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $15.00.

Institutional Investors Weigh In On Arteris

Large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in Arteris in the 2nd quarter valued at about $32,000. CWM LLC lifted its holdings in Arteris by 4,810.1% in the 1st 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 position in Arteris in the 1st quarter valued at about $95,000. Savant Capital LLC purchased a new position in Arteris in the 2nd quarter valued at about $97,000. Finally, Kapitalo Investimentos Ltda purchased a new position in Arteris in the 2nd quarter valued at about $104,000. 64.36% of the stock is owned by institutional investors and hedge funds.

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.