Arteris (NASDAQ:AIP) COO Laurent R. Moll Sells 8,129 Shares

Key Points

• Laurent Moll, COO of Arteris, sold 8,129 shares of the company's stock at an average price of $8.74, resulting in a 2.06% decrease in his ownership position.
• Arteris, Inc. has a consensus analyst rating of "Buy" with a price target of $15.00, as several analysts have upgraded their ratings recently.
• Institutional investors own 64.36% of Arteris shares, with notable purchases made by firms such as Two Sigma Advisers LP and Cambridge Investment Research Advisors.

Arteris, Inc. (NASDAQ:AIP - Get Free Report) COO Laurent R. Moll sold 8,129 shares of the company's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $8.74, for a total transaction of $71,047.46. Following the transaction, the chief operating officer owned 386,552 shares in the company, valued at $3,378,464.48. The trade was a 2.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Arteris Price Performance

AIP stock traded down $0.18 during mid-day trading on Friday, reaching $8.75. The company had a trading volume of 352,580 shares, compared to its average volume of 510,660. The company has a market capitalization of $373.19 million, a PE ratio of -10.67 and a beta of 1.44. The firm has a 50 day moving average of $9.48 and a 200 day moving average of $8.20. Arteris, Inc. has a 12 month low of $5.46 and a 12 month high of $14.29.

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

Institutional Investors Weigh In On Arteris

Hedge funds and other institutional investors have recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. purchased a new stake in Arteris during the first quarter valued at approximately $95,000. Two Sigma Advisers LP lifted its position in Arteris by 82.9% during the fourth quarter. Two Sigma Advisers LP now owns 23,600 shares of the company's stock valued at $240,000 after acquiring an additional 10,700 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in Arteris during the fourth quarter valued at approximately $214,000. Price T Rowe Associates Inc. MD purchased a new stake in Arteris during the fourth quarter valued at approximately $117,000. Finally, Squarepoint Ops LLC purchased a new stake in Arteris during the fourth quarter valued at approximately $160,000. Hedge funds and other institutional investors own 64.36% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AIP. TD Cowen raised their target price on shares of Arteris from $12.00 to $15.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. 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. Finally, Wall Street Zen lowered shares of Arteris from a "hold" rating to a "sell" rating in a research report on Sunday, September 7th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $15.00.

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.