Worth Venture Partners LLC Acquires Shares of 47,285 Arteris, Inc. $AIP

Worth Venture Partners LLC bought a new stake in shares of Arteris, Inc. (NASDAQ:AIP) during the second quarter, HoldingsChannel reports. The firm bought 47,285 shares of the company’s stock, valued at approximately $451,000. Arteris makes up approximately 0.7% of Worth Venture Partners LLC’s holdings, making the stock its 7th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AIP. CWM LLC lifted its position in Arteris by 4,810.1% during the 1st quarter. CWM LLC now owns 10,213 shares of the company’s stock valued at $71,000 after acquiring an additional 10,005 shares during the period. Savant Capital LLC bought a new position in shares of Arteris during the second quarter valued at approximately $97,000. Kapitalo Investimentos Ltda purchased a new position in shares of Arteris during the second quarter valued at approximately $104,000. Strs Ohio bought a new stake in shares of Arteris in the 1st quarter worth approximately $104,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Arteris in the 2nd quarter worth approximately $151,000. 64.36% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AIP has been the subject of a number of recent research reports. Rosenblatt Securities lifted their price objective on Arteris from $14.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Wall Street Zen upgraded Arteris from a “sell” rating to a “hold” rating in a report on Monday, September 15th. TD Cowen upped their price target on shares of Arteris from $15.00 to $16.50 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Arteris in a research note on Wednesday, October 8th. Finally, Jefferies Financial Group raised shares of Arteris to a “hold” rating in a report on Tuesday, October 28th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.50.

Arteris Price Performance

Arteris stock opened at $13.64 on Wednesday. Arteris, Inc. has a one year low of $5.46 and a one year high of $15.92. The business’s fifty day moving average is $12.75 and its 200 day moving average is $10.27. The stock has a market capitalization of $595.85 million, a PE ratio of -16.43 and a beta of 1.49.

Arteris (NASDAQ:AIP) last issued its earnings results on Tuesday, November 4th. The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.02. The business had revenue of $17.41 million during the quarter, compared to analyst estimates of $17.00 million. Arteris had a negative return on equity of 8,546.17% and a negative net margin of 52.25%. Arteris has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Arteris, Inc. will post -0.73 EPS for the current fiscal year.

Insider Activity at Arteris

In other news, COO Laurent R. Moll sold 42,692 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $8.94, for a total transaction of $381,666.48. Following the transaction, the chief operating officer directly owned 399,379 shares of the company’s stock, valued at $3,570,448.26. This represents a 9.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Paul L. Alpern sold 10,000 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $8.88, for a total value of $88,800.00. Following the completion of the transaction, the vice president owned 73,587 shares in the company, valued at approximately $653,452.56. This trade represents a 11.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 503,980 shares of company stock worth $6,221,305 in the last three months. 33.70% of the stock is currently owned by company insiders.

Arteris 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.