Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $10.37 in the prior trading day, Arteris Inc (NASDAQ: AIP) closed at $9.48, down -8.58%. In other words, the price has decreased by -$8.58 from its previous closing price. On the day, 0.63 million shares were traded.
Ratios:
Our goal is to gain a better understanding of AIP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 2.77 whereas as Long-Term Debt/Eq ratio is at 1.81.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on September 01, 2023, Reiterated its Outperform rating but revised its target price to $12 from $11 previously.
On March 04, 2022, Cowen reiterated its Outperform rating and also upped its target price recommendation from $32 to $23.
On November 22, 2021, Rosenblatt started tracking the stock assigning a Buy rating and target price of $35.Rosenblatt initiated its Buy rating on November 22, 2021, with a $35 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 03 ’25 when VIANA FAMILY TRUST bought 2,491 shares for $10.62 per share.
RAZA SAIYED ATIQ sold 2,776 shares of AIP for $34,246 on Jan 06 ’25. The Director now owns 684,320 shares after completing the transaction at $12.34 per share. On Jan 06 ’25, another insider, Alpern Paul L, who serves as the VP and General Counsel of the company, sold 3,326 shares for $12.35 each. As a result, the insider received 41,071 and left with 61,604 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.96 while its Price-to-Book (P/B) ratio in mrq is 172.21.
Stock Price History:
Over the past 52 weeks, AIP has reached a high of $12.64, while it has fallen to a 52-week low of $5.76. The 50-Day Moving Average of the stock is -6.96%, while the 200-Day Moving Average is calculated to be 14.40%.
Shares Statistics:
A total of 40.13M shares are outstanding, with a floating share count of 26.10M. Insiders hold about 35.03% of the company’s shares, while institutions hold 40.31% stake in the company.
