Weiss Ratings Reiterates “Sell (D-)” Rating for Arteris (NASDAQ:AIP)

Arteris (NASDAQ:AIP)‘s stock had its “sell (d-)” rating reissued by analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Several other analysts have also recently commented on AIP. TD Cowen increased their target price 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 upgraded Arteris from a “sell” rating to a “hold” rating in a report on Monday, September 15th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, Arteris currently has an average rating of “Moderate Buy” and a consensus target price of $15.00.

Arteris Stock Performance

Shares of AIP stock opened at $13.11 on Wednesday. The stock’s fifty day moving average is $9.91 and its 200-day moving average is $8.57. The stock has a market capitalization of $559.14 million, a PE ratio of -15.99 and a beta of 1.45. Arteris has a 52 week low of $5.46 and a 52 week high of $14.58.

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

Insider Transactions at Arteris

In related news, CEO K Charles Janac sold 100,000 shares of Arteris stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $13.10, for a total transaction of $1,310,000.00. Following the completion of the sale, the chief executive officer directly owned 9,739,071 shares of the company’s stock, valued at approximately $127,581,830.10. This trade represents a 1.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Bayview Legacy, Llc sold 100,000 shares of Arteris stock in a transaction on Monday, October 6th. The shares were sold at an average price of $13.10, for a total value of $1,310,000.00. Following the completion of the transaction, the insider directly owned 9,739,071 shares of the company’s stock, valued at $127,581,830.10. This represents a 1.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 711,936 shares of company stock valued at $8,793,520 in the last ninety days. Corporate insiders own 29.10% of the company’s stock.

Institutional Investors Weigh In On Arteris

Hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of Arteris in the 2nd quarter valued at about $32,000. GAMMA Investing LLC grew its holdings in shares of Arteris by 11,823.3% in the first quarter. GAMMA Investing LLC now owns 5,127 shares of the company’s stock valued at $350,000 after acquiring an additional 5,084 shares in the last quarter. CWM LLC grew its holdings in shares of Arteris by 4,810.1% in the first quarter. CWM LLC now owns 10,213 shares of the company’s stock valued at $71,000 after acquiring an additional 10,005 shares in the last quarter. Savant Capital LLC bought a new position in Arteris during the second quarter valued at $97,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in shares of Arteris during the second quarter worth $104,000. 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.