Arteris (NASDAQ:AIP) Announces Earnings Results, Misses Estimates By $0.08 EPS

Arteris (NASDAQ:AIP) issued its earnings results on Tuesday. The company reported ($0.19) 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 Price Performance

AIP stock traded up $0.38 during trading on Tuesday, hitting $10.14. The stock had a trading volume of 340,789 shares, compared to its average volume of 317,106. Arteris has a 1-year low of $5.76 and a 1-year high of $12.64. The company’s 50 day moving average price is $10.54 and its two-hundred day moving average price is $8.67. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.16 and a current ratio of 1.16. The stock has a market cap of $407.43 million, a price-to-earnings ratio of -10.56 and a beta of 1.18.

Insider Activity

In other news, VP Paul L. Alpern sold 2,471 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $11.41, for a total transaction of $28,194.11. Following the completion of the sale, the vice president now owns 64,930 shares in the company, valued at approximately $740,851.30. The trade was a 3.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO K Charles Janac sold 50,000 shares of the business’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $10.33, for a total value of $516,500.00. Following the sale, the chief executive officer now owns 9,907,691 shares of the company’s stock, valued at $102,346,448.03. The trade was a 0.50 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 367,157 shares of company stock valued at $3,828,388 in the last 90 days. 33.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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

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.