Arteris’ (AIP) Sell (D-) Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their sell (d-) rating on shares of Arteris (NASDAQ:AIP) in a research note published on Friday morning,Weiss Ratings reports.

A number of other research analysts have also recently weighed in on AIP. Wall Street Zen upgraded shares of Arteris from a “sell” rating to a “hold” rating in a research note on Monday, September 15th. TD Cowen increased their price objective on Arteris from $12.00 to $15.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Three analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Arteris currently has a consensus rating of “Moderate Buy” and an average price target of $15.00.

Arteris Price Performance

Shares of NASDAQ:AIP opened at $14.21 on Friday. Arteris has a 1 year low of $5.46 and a 1 year high of $14.88. The company has a market capitalization of $606.06 million, a PE ratio of -17.33 and a beta of 1.45. The business has a fifty day moving average price of $10.72 and a two-hundred day moving average price of $9.11.

Arteris (NASDAQ:AIP) last issued its quarterly earnings results on Tuesday, August 5th. The company reported ($0.11) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.11). The company had revenue of $16.50 million for the quarter, compared to the consensus estimate 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. Sell-side analysts anticipate that Arteris will post -0.73 earnings per share for the current year.

Insider Buying and Selling at Arteris

In related news, COO Laurent R. Moll sold 42,692 shares of Arteris stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $8.94, for a total value of $381,666.48. Following the completion of the transaction, the chief operating officer directly owned 399,379 shares in the company, valued at approximately $3,570,448.26. The trade was a 9.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Saiyed Atiq Raza sold 63,118 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $13.07, for a total value of $824,952.26. Following the sale, the director owned 590,000 shares in the company, valued at approximately $7,711,300. This represents a 9.66% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 810,800 shares of company stock valued at $10,089,160 in the last quarter. Corporate insiders own 29.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new stake in shares of Arteris during the second quarter valued at about $32,000. CWM LLC grew its stake in Arteris by 4,810.1% during 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. Cambridge Investment Research Advisors Inc. bought a new stake in Arteris during the 1st quarter worth approximately $95,000. Savant Capital LLC purchased a new stake in Arteris in the 2nd quarter worth approximately $97,000. Finally, Kapitalo Investimentos Ltda bought a new position in Arteris in the 2nd quarter valued at $104,000. Hedge funds and other 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.