Nicholas Hawkins Sells 5,377 Shares of Arteris (NASDAQ:AIP) Stock

Arteris, Inc. (NASDAQ:AIP) CFO Nicholas Hawkins sold 5,377 shares of the firm’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $38.78, for a total transaction of $208,520.06. Following the completion of the sale, the chief financial officer owned 103,172 shares of the company’s stock, valued at $4,001,010.16. The trade was a 4.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Arteris Stock Performance

AIP stock opened at $31.32 on Wednesday. The company has a 50 day moving average price of $36.62 and a 200 day moving average price of $23.79. Arteris, Inc. has a fifty-two week low of $8.42 and a fifty-two week high of $50.26. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.73 and a quick ratio of 0.73. The stock has a market capitalization of $1.45 billion, a PE ratio of -39.65 and a beta of 1.92.

Arteris (NASDAQ:AIP) last released its earnings results on Tuesday, May 12th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.05. The firm had revenue of $22.94 million during the quarter, compared to analyst estimates of $21.03 million. Analysts forecast that Arteris, Inc. will post -0.54 EPS for the current year.

Institutional Investors Weigh In On Arteris

Several hedge funds have recently bought and sold shares of AIP. Versant Capital Management Inc boosted its position in Arteris by 33.7% during the second quarter. Versant Capital Management Inc now owns 1,150 shares of the company’s stock worth $56,000 after purchasing an additional 290 shares during the period. Intech Investment Management LLC boosted its stake in shares of Arteris by 9.3% in the fourth quarter. Intech Investment Management LLC now owns 13,540 shares of the company’s stock valued at $210,000 after buying an additional 1,148 shares during the period. Deutsche Bank AG lifted its position in Arteris by 7.7% during the fourth quarter. Deutsche Bank AG now owns 21,159 shares of the company’s stock worth $328,000 after purchasing an additional 1,504 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Arteris by 75.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,053 shares of the company’s stock worth $61,000 after acquiring an additional 2,595 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of Arteris by 12.3% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 23,913 shares of the company’s stock valued at $242,000 after purchasing an additional 2,613 shares in the last quarter. 64.36% of the stock is currently owned by institutional investors and hedge funds.

Arteris News Roundup

Here are the key news stories impacting Arteris this week:

• Neutral Sentiment: Several Arteris insiders disclosed planned share sales tied to equity vesting and tax withholding obligations, including CEO K. Charles Janac, CFO Nicholas B. Hawkins, COO Laurent R. Moll, and VP Paul Alpern. These trades can weigh on sentiment because they increase near-term selling pressure, but they were not described as discretionary bearish bets. Article Title
• Neutral Sentiment: Despite the insider sales, the transactions were largely routine: the company said the shares were sold to cover tax obligations related to vesting equity awards. That limits how negative investors may view the filings, since the sales do not necessarily signal a change in management’s outlook. Article Title
• Positive Sentiment: Arteris’ last quarterly report was stronger than expected, with earnings per share of -$0.03 versus estimates for -$0.08, and revenue of $22.94 million versus $21.03 million expected. That shows continued execution and may help cushion the stock if investors focus on fundamentals rather than insider activity.
• Positive Sentiment: Analyst sentiment is still supportive overall, with a consensus rating of “Hold” and an average price target around $37.75, while several firms recently lifted targets into the high-$30s to $40 range. That suggests the market still sees upside potential if growth continues.
• Negative Sentiment: The stock is also trading below recent levels after moving sharply lower, which may reflect a broader reassessment of valuation after a strong run and the recent insider selling headlines.

Analysts Set New Price Targets

Several research analysts have recently issued reports on AIP shares. Weiss Ratings lowered shares of Arteris from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, May 13th. Wall Street Zen lowered shares of Arteris from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. TD Cowen raised their price objective on shares of Arteris from $22.00 to $40.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Rosenblatt Securities raised their target price on Arteris from $20.00 to $38.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Finally, Jefferies Financial Group upped their price target on Arteris from $16.00 to $35.00 and gave the company a “hold” rating in a research note on Wednesday, May 13th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $37.75.

About Arteris

Arteris, Inc is a fabless semiconductor intellectual property (IP) company specializing in on-chip interconnect solutions and system IP for advanced integrated circuits. The company’s core products include its FlexNoC network-on-chip (NoC) fabrics, Ncore cache coherent interconnect IP, and CodaCache memory subsystem IP. These technologies enable semiconductor and systems companies to design scalable, energy-efficient chips for applications ranging from automotive and artificial intelligence (AI) to 5G communications and high-performance computing.

Founded in 2003 and headquartered in Santa Clara, California, Arteris serves a global customer base across North America, Europe, and Asia.