Arteris, Inc. (NASDAQ:AIP – Get Free Report) COO Laurent Moll sold 5,373 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $15.45, for a total transaction of $83,012.85. Following the transaction, the chief operating officer owned 251,993 shares of the company’s stock, valued at approximately $3,893,291.85. This represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Arteris Stock Performance
Shares of NASDAQ:AIP opened at $16.63 on Friday. Arteris, Inc. has a 52-week low of $5.46 and a 52-week high of $19.85. The company has a market capitalization of $726.40 million, a PE ratio of -20.04 and a beta of 1.48. The company has a fifty day moving average of $15.34 and a 200-day moving average of $12.08.
Arteris (NASDAQ:AIP – Get Free Report) last issued its earnings results on Tuesday, November 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.02. The firm had revenue of $17.41 million during the quarter, compared to analyst estimates of $17.00 million. On average, equities analysts forecast that Arteris, Inc. will post -0.73 EPS for the current fiscal year.
Hedge Funds Weigh In On Arteris
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. Wall Street Zen upgraded shares of Arteris from a “sell” rating to a “hold” rating in a report on Monday, September 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of Arteris in a research note on Wednesday, October 8th. TD Cowen lifted their price objective on Arteris from $15.00 to $16.50 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Rosenblatt Securities reissued a “buy” rating and set a $20.00 target price on shares of Arteris in a research report on Monday, December 15th. Finally, Cowen restated a “buy” rating on shares of Arteris in a research report on Wednesday, November 5th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Arteris has an average rating of “Moderate Buy” and a consensus price target of $17.50.
Check Out Our Latest Stock Report on AIP
Trending Headlines about Arteris
Here are the key news stories impacting Arteris this week:
- Negative Sentiment: CEO K. Charles Janac sold 11,145 shares (avg. $16.90) on Jan. 6 — a ~7.4% reduction in his holding; large CEO sales often increase short-term selling pressure. CEO Sale SEC Filing
- Negative Sentiment: CFO Nicholas Hawkins sold a total of ~10,308 shares across early-Jan transactions (avg. prices ~$15.45–$17.27), trimming his stake by roughly 6–7% — another executive sale that can be perceived negatively by investors. CFO Sale SEC Filing
- Negative Sentiment: COO Laurent R. Moll sold ~6,793 shares in early January (multiple transactions, avg. ~$15.45–$16.23), reducing his holding by ~0.5–2% per filing — adds to the cluster of insider sales this week. COO Sale SEC Filing
- Negative Sentiment: VP Paul L. Alpern sold multiple tranches (~6,818 shares total; avg. ~$16.00–$16.89), reducing his stake by several percent — part of the same pattern of insider liquidity events. VP Sale SEC Filing
About Arteris
Arteris, Inc is a fabless semiconductor intellectual property (IP) company specializing in on-chip interconnect solutions and system IP for advanced integrated circuits. The company’s core products include its FlexNoC network-on-chip (NoC) fabrics, Ncore cache coherent interconnect IP, and CodaCache memory subsystem IP. These technologies enable semiconductor and systems companies to design scalable, energy-efficient chips for applications ranging from automotive and artificial intelligence (AI) to 5G communications and high-performance computing.
Founded in 2003 and headquartered in Santa Clara, California, Arteris serves a global customer base across North America, Europe, and Asia.
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