Arteris (NASDAQ:AIP) Announces Earnings Results

Arteris (NASDAQ:AIP) announced its earnings results on Tuesday. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.08), Zacks reports. Arteris had a negative return on equity of 437.95% and a negative net margin of 65.72%. Arteris updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Arteris Stock Up 3.9 %

NASDAQ:AIP opened at $10.14 on Wednesday. The stock has a fifty day simple moving average of $10.54 and a 200-day simple moving average of $8.67. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.30. Arteris has a twelve month low of $5.76 and a twelve month high of $12.64.

Analyst Ratings Changes

Separately, Rosenblatt Securities restated a “buy” rating and issued a $15.00 price target on shares of Arteris in a research report on Tuesday.

Insider Buying and Selling

In related news, CFO Nicholas B. Hawkins sold 11,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $10.33, for a total value of $113,630.00. Following the completion of the sale, the chief financial officer now owns 154,308 shares in the company, valued at approximately $1,594,001.64. The trade was a 6.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Isabelle F. Geday sold 15,550 shares of the firm’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $9.03, for a total value of $140,416.50. Following the transaction, the director now owns 121,213 shares in the company, valued at $1,094,553.39. The trade was a 11.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 367,157 shares of company stock valued at $3,828,388 in the last 90 days. Company insiders own 33.70% 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.