Arteris (NASDAQ:AIP) Posts Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Arteris (NASDAQ:AIP) posted its quarterly 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 net margin of 65.72% and a negative return on equity of 437.95%. Arteris updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Arteris Stock Performance

NASDAQ AIP traded up $0.38 during trading hours on Tuesday, hitting $10.14. The company had a trading volume of 340,789 shares, compared to its average volume of 317,106. The firm has a market cap of $407.43 million, a P/E ratio of -10.56 and a beta of 1.18. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.30. Arteris has a fifty-two week low of $5.76 and a fifty-two week high of $12.64. The business has a fifty day simple moving average of $10.54 and a 200-day simple moving average of $8.67.

Insider Activity

In other news, CFO Nicholas B. Hawkins sold 5,000 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $8.56, for a total transaction of $42,800.00. Following the transaction, the chief financial officer now directly owns 190,414 shares of the company’s stock, valued at approximately $1,629,943.84. This trade represents a 2.56 % 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, CEO K Charles Janac sold 50,000 shares of the firm’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $10.33, for a total value of $516,500.00. Following the transaction, the chief executive officer now directly owns 9,907,691 shares of the company’s stock, valued at $102,346,448.03. This represents a 0.50 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 367,157 shares of company stock valued at $3,828,388. Company insiders own 33.70% of the company’s stock.

Analysts Set New Price Targets

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

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.