Insider Selling: Arteris (NASDAQ:AIP) VP Sells $52,630.00 in Stock

Arteris, Inc. (NASDAQ:AIP) VP Paul Alpern sold 4,750 shares of the business’s stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $11.08, for a total transaction of $52,630.00. Following the completion of the transaction, the vice president owned 65,960 shares of the company’s stock, valued at $730,836.80. The trade was a 6.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Arteris Trading Up 4.2%

Shares of NASDAQ:AIP opened at $13.49 on Thursday. The firm has a 50 day moving average of $9.84 and a 200-day moving average of $8.53. The stock has a market capitalization of $575.35 million, a PE ratio of -16.45 and a beta of 1.45. Arteris, Inc. has a 12 month low of $5.46 and a 12 month high of $14.58.

Arteris (NASDAQ:AIP) last issued its earnings results on Tuesday, August 5th. The company reported ($0.11) EPS for the quarter, meeting the consensus estimate of ($0.11). The company had revenue of $16.50 million during the quarter, compared to analysts’ expectations 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. On average, research analysts predict that Arteris, Inc. will post -0.73 EPS for the current fiscal year.

Institutional Investors Weigh In On Arteris

Institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in Arteris during the 2nd quarter worth approximately $32,000. GAMMA Investing LLC grew its holdings in Arteris by 11,823.3% during the 1st quarter. GAMMA Investing LLC now owns 5,127 shares of the company’s stock worth $350,000 after acquiring an additional 5,084 shares during the last quarter. CWM LLC grew its holdings in Arteris by 4,810.1% during the 1st quarter. CWM LLC now owns 10,213 shares of the company’s stock worth $71,000 after acquiring an additional 10,005 shares during the last quarter. Savant Capital LLC bought a new stake in Arteris during the 2nd quarter worth approximately $97,000. Finally, Kapitalo Investimentos Ltda bought a new stake in Arteris during the 2nd quarter worth approximately $104,000. 64.36% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on AIP. Weiss Ratings restated a “sell (d-)” rating on shares of Arteris in a research report on Wednesday. TD Cowen lifted their price target on shares of Arteris from $12.00 to $15.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Finally, Wall Street Zen raised shares of Arteris from a “sell” rating to a “hold” rating in a report on Monday, September 15th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Arteris has an average rating of “Moderate Buy” and a consensus target price of $15.00.

About Arteris

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.