Arteris, Inc. $AIP Shares Acquired by AlphaQuest LLC

AlphaQuest LLC lifted its position in shares of Arteris, Inc. (NASDAQ:AIP) by 65.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 64,504 shares of the company’s stock after buying an additional 25,426 shares during the quarter. AlphaQuest LLC’s holdings in Arteris were worth $615,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in AIP. CWM LLC raised its stake in Arteris by 4,810.1% in the 1st quarter. CWM LLC now owns 10,213 shares of the company’s stock valued at $71,000 after purchasing an additional 10,005 shares during the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in Arteris in the 1st quarter valued at about $95,000. Kapitalo Investimentos Ltda acquired a new position in Arteris in the 2nd quarter valued at about $104,000. Strs Ohio acquired a new position in Arteris in the 1st quarter valued at about $104,000. Finally, Ieq Capital LLC acquired a new position in Arteris in the 1st quarter valued at about $177,000. Institutional investors and hedge funds own 64.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AIP shares. TD Cowen boosted their target price on shares of Arteris from $12.00 to $15.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Arteris in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded Arteris from a “sell” rating to a “hold” rating in a report on Monday, September 15th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $15.00.

Insider Buying and Selling at Arteris

In other Arteris news, major shareholder Bayview Legacy, Llc sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $13.07, for a total value of $653,500.00. Following the completion of the transaction, the insider owned 9,689,071 shares in the company, valued at $126,636,157.97. This represents a 0.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Paul L. Alpern sold 4,750 shares of Arteris 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 sale, the vice president owned 65,960 shares in the company, valued at $730,836.80. This represents a 6.72% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 774,882 shares of company stock worth $9,724,431. Company insiders own 33.70% of the company’s stock.

Arteris Stock Performance

Shares of NASDAQ:AIP opened at $14.32 on Tuesday. Arteris, Inc. has a 1 year low of $5.46 and a 1 year high of $14.88. The stock has a market capitalization of $610.75 million, a P/E ratio of -17.46 and a beta of 1.45. The stock has a 50-day simple moving average of $10.81 and a 200-day simple moving average of $9.16.

Arteris (NASDAQ:AIP) last issued its earnings results on Tuesday, August 5th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.11). Arteris had a negative return on equity of 8,546.17% and a negative net margin of 52.41%.The business had revenue of $16.50 million during the quarter, compared to analysts’ expectations of $16.35 million. Arteris has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts predict that Arteris, Inc. will post -0.73 earnings per share for the current year.

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.