Arteris, Inc. (NASDAQ:AIP – Get Free Report) CEO K Charles Janac sold 6,256 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $11.41, for a total value of $71,380.96. Following the transaction, the chief executive officer now owns 268,520 shares in the company, valued at approximately $3,063,813.20. This trade represents a 2.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
K Charles Janac also recently made the following trade(s):
- On Monday, December 30th, K Charles Janac sold 58,212 shares of Arteris stock. The stock was sold at an average price of $10.33, for a total transaction of $601,329.96.
- On Thursday, December 26th, K Charles Janac sold 60,584 shares of Arteris stock. The shares were sold at an average price of $10.42, for a total value of $631,285.28.
- On Tuesday, December 17th, K Charles Janac sold 14,180 shares of Arteris stock. The shares were sold at an average price of $10.01, for a total value of $141,941.80.
- On Thursday, December 12th, K Charles Janac sold 17,856 shares of Arteris stock. The stock was sold at an average price of $10.12, for a total transaction of $180,702.72.
- On Tuesday, December 3rd, K Charles Janac sold 1,242 shares of Arteris stock. The stock was sold at an average price of $8.58, for a total value of $10,656.36.
Arteris Price Performance
Shares of NASDAQ:AIP opened at $11.25 on Wednesday. Arteris, Inc. has a one year low of $4.83 and a one year high of $12.64. The firm has a 50 day simple moving average of $9.00 and a 200 day simple moving average of $8.08. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market cap of $451.99 million, a price-to-earnings ratio of -11.72 and a beta of 1.17.
Institutional Inflows and Outflows
Analyst Ratings Changes
Separately, Rosenblatt Securities restated a “buy” rating and set a $15.00 price objective on shares of Arteris in a research report on Wednesday, November 6th.
Check Out Our Latest Report on Arteris
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.
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