In last trading session, Arteris Inc (NASDAQ:AIP) saw 0.33 million shares changing hands with its beta currently measuring 1.17. Company’s recent per share price level of $9.28 trading at -$0.57 or -5.79% at ring of the bell on the day assigns it a market valuation of $380.00M. That closing price of AIP’s stock is at a discount of -36.21% from its 52-week high price of $12.64 and is indicating a premium of 37.93% from its 52-week low price of $5.76.
For Arteris Inc (AIP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Arteris Inc (NASDAQ:AIP) trade information
Upright in the red during last session for losing -5.79%, in the last five days AIP remained trading in the red while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $9.28 price level, adding 14.15% to its value on the day. Arteris Inc’s shares saw a change of -8.93% in year-to-date performance and have moved -4.13% in past 5-day. Arteris Inc (NASDAQ:AIP) showed a performance of -23.56% in past 30-days.
Wall Street analysts have assigned a consensus price target of 14 to the stock, which implies a rise of 33.71% to its current value. Analysts have been projecting 14 as a low price target for the stock while placing it at a high target of 14. It follows that stock’s current price would drop -50.86% in reaching the projected high whereas dropping to the targeted low would mean a loss of -50.86% for stock’s current value.
Arteris Inc (NASDAQ:AIP)’s Major holders
NEEDHAM INVESTMENT MANAGEMENT LLC is the top institutional holder at AIP for having 2.38 million shares of worth $17.91 million. And as of 2024-06-30, it was holding 6.3247 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 1.6 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.2424 of outstanding shares, having a total worth of $12.01 million.
On the other hand, Needham Aggressive Growth Fund and Franklin Strategic Series-Franklin Small-Mid Cap Growth are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.33 shares of worth $21.67 million or 5.70% of the total outstanding shares. The later fund manager was in possession of 1.33 shares on Oct 31, 2024 , making its stake of worth around $12.33 million in the company or a holder of 3.24% of company’s stock.
