In last trading session, Arteris Inc (NASDAQ:AIP) saw 0.32 million shares changing hands with its beta currently measuring 1.36. Company’s recent per share price level of $7.50 trading at -$0.11 or -1.45% at ring of the bell on the day assigns it a market valuation of $314.83M. That closing price of AIP’s stock is at a discount of -68.53% from its 52-week high price of $12.64 and is indicating a premium of 27.2% from its 52-week low price of $5.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.3 million shares which gives us an average trading volume of 210.88K if we extend that period to 3-months.
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 -1.45%, in the last five days AIP remained trading in the green while hitting it’s week-highest on Tuesday, 05/13/25 when the stock touched $7.50 price level, adding 11.35% to its value on the day. Arteris Inc’s shares saw a change of -26.40% in year-to-date performance and have moved 3.45% in past 5-day. Arteris Inc (NASDAQ:AIP) showed a performance of 26.26% in past 30-days. Number of shares sold short was 0.29 million shares which calculate 1.58 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 14 to the stock, which implies a rise of 46.43% 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 -86.67% in reaching the projected high whereas dropping to the targeted low would mean a loss of -86.67% for stock’s current value.
Arteris Inc (NASDAQ:AIP)’s Major holders
Insiders are in possession of 31.42% of company’s total shares while institution are holding 44.41 percent of that, with stock having share float percentage of 64.77%. Investors also watch the number of corporate investors in a company very closely, which is 44.41% institutions for Arteris Inc that are currently holding shares of the company. 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 Funds Inc-Needham Aggressive Growth Fund and Franklin Strategic Series-FRANKLIN SMALL-MID CAP GROWTH FUND 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 $17.51 million or 5.56% of the total outstanding shares. The later fund manager was in possession of 1.33 shares on Jan 31, 2025 , making its stake of worth around $9.96 million in the company or a holder of 3.16% of company’s stock.
