Arteris (NASDAQ:AIP) CEO Sells $1,310,000.00 in Stock

Arteris, Inc. (NASDAQ:AIP) CEO K Charles Janac sold 100,000 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $13.10, for a total transaction of $1,310,000.00. Following the completion of the transaction, the chief executive officer owned 9,739,071 shares in the company, valued at $127,581,830.10. The trade was a 1.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

K Charles Janac also recently made the following trade(s):

• On Wednesday, October 8th, K Charles Janac sold 50,000 shares of Arteris stock. The shares were sold at an average price of $13.07, for a total transaction of $653,500.00.
• On Monday, October 6th, K Charles Janac sold 5,755 shares of Arteris stock. The shares were sold at an average price of $14.00, for a total transaction of $80,570.00.
• On Friday, October 3rd, K Charles Janac sold 11,821 shares of Arteris stock. The shares were sold at an average price of $11.07, for a total transaction of $130,858.47.
• On Thursday, October 2nd, K Charles Janac sold 7,147 shares of Arteris stock. The shares were sold at an average price of $10.92, for a total transaction of $78,045.24.
• On Thursday, September 4th, K Charles Janac sold 2,057 shares of Arteris stock. The shares were sold at an average price of $8.73, for a total transaction of $17,957.61.
• On Tuesday, September 2nd, K Charles Janac sold 1,246 shares of Arteris stock. The shares were sold at an average price of $8.94, for a total transaction of $11,139.24.
• On Tuesday, August 5th, K Charles Janac sold 50,000 shares of Arteris stock. The shares were sold at an average price of $13.12, for a total transaction of $656,000.00.
• On Tuesday, August 5th, K Charles Janac sold 94,245 shares of Arteris stock. The shares were sold at an average price of $13.49, for a total transaction of $1,271,365.05.

Arteris Price Performance

NASDAQ:AIP opened at $12.39 on Friday. The firm has a market capitalization of $528.43 million, a price-to-earnings ratio of -15.11 and a beta of 1.45. The company’s 50-day moving average is $9.98 and its two-hundred day moving average is $8.60. Arteris, Inc. has a 1-year low of $5.46 and a 1-year high of $14.58.

Arteris (NASDAQ:AIP) last released its quarterly earnings results on Tuesday, August 5th. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.11). The business had revenue of $16.50 million for the quarter, compared to the consensus estimate of $16.35 million. Arteris had a negative net margin of 52.41% and a negative return on equity of 8,546.17%. Arteris has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Arteris, Inc. will post -0.73 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Arteris

Several large investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in Arteris during the 2nd quarter worth approximately $32,000. GAMMA Investing LLC increased its position in shares of Arteris by 11,823.3% in the 1st quarter. GAMMA Investing LLC now owns 5,127 shares of the company’s stock valued at $350,000 after purchasing an additional 5,084 shares during the last quarter. Bank of America Corp DE increased its position in shares of Arteris by 11.8% in the 2nd quarter. Bank of America Corp DE now owns 57,093 shares of the company’s stock valued at $544,000 after purchasing an additional 6,008 shares during the last quarter. CWM LLC increased its position in shares of Arteris by 4,810.1% in the 1st quarter. CWM LLC now owns 10,213 shares of the company’s stock valued at $71,000 after purchasing an additional 10,005 shares during the last quarter. Finally, Savant Capital LLC purchased a new stake in shares of Arteris in the 2nd quarter valued at approximately $97,000. 64.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AIP has been the topic of a number of research analyst reports. TD Cowen boosted their price target on shares of Arteris from $12.00 to $15.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Wall Street Zen raised shares of Arteris from a “sell” rating to a “hold” rating in a research note on Monday, September 15th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Arteris in a research note on Wednesday. Three investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Arteris currently has an average rating of “Moderate Buy” and an average price target of $15.00.

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.