Arteris (NASDAQ:AIP) CEO Sells $11,139.24 in Stock

Key Points

• Arteris CEO K Charles Janac sold 1,246 shares of stock on September 2nd, totaling $11,139.24, while retaining 188,539 shares valued at approximately $1.69 million.
• The company's stock closed at $8.83 with a market capitalization of $376.60 million, down from its 52-week high of $14.29.
• Arteris reported a negative net margin of 52.41% and is expected to post an EPS of -0.73 for the current fiscal year.

Arteris, Inc. (NASDAQ:AIP - Get Free Report) CEO K Charles Janac sold 1,246 shares of the stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $8.94, for a total transaction of $11,139.24. Following the sale, the chief executive officer owned 188,539 shares of the company's stock, valued at approximately $1,685,538.66. This represents a 0.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Tuesday, August 5th, K Charles Janac sold 50,000 shares of Arteris stock. The stock was 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 stock was sold at an average price of $13.49, for a total transaction of $1,271,365.05.
• On Thursday, July 3rd, K Charles Janac sold 11,815 shares of Arteris stock. The stock was sold at an average price of $9.25, for a total transaction of $109,288.75.
• On Wednesday, July 2nd, K Charles Janac sold 7,153 shares of Arteris stock. The stock was sold at an average price of $8.99, for a total transaction of $64,305.47.
• On Tuesday, July 1st, K Charles Janac sold 2,666 shares of Arteris stock. The stock was sold at an average price of $9.09, for a total transaction of $24,233.94.
• On Friday, June 27th, K Charles Janac sold 18,620 shares of Arteris stock. The stock was sold at an average price of $10.02, for a total transaction of $186,572.40.

Arteris Price Performance

AIP traded down $0.22 on Wednesday, hitting $8.83. The company had a trading volume of 592,287 shares, compared to its average volume of 1,976,387. Arteris, Inc. has a 52-week low of $5.46 and a 52-week high of $14.29. The stock has a fifty day simple moving average of $9.56 and a 200-day simple moving average of $8.26. The firm has a market capitalization of $376.60 million, a P/E ratio of -10.77 and a beta of 1.44.

Arteris (NASDAQ:AIP - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported ($0.11) EPS for the quarter, hitting the consensus estimate of ($0.11). Arteris had a negative net margin of 52.41% and a negative return on equity of 8,546.17%. The business had revenue of $16.50 million during the quarter, compared to analyst estimates of $16.35 million. Arteris has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts expect that Arteris, Inc. will post -0.73 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Arteris

Several institutional investors and hedge funds have recently added to or reduced their stakes in AIP. Wells Fargo & Company MN boosted its holdings in Arteris by 38.9% in the fourth quarter. Wells Fargo & Company MN now owns 13,192 shares of the company's stock worth $134,000 after purchasing an additional 3,694 shares during the last quarter. Barclays PLC boosted its holdings in Arteris by 13.5% in the fourth quarter. Barclays PLC now owns 44,723 shares of the company's stock worth $456,000 after purchasing an additional 5,327 shares during the last quarter. Price T Rowe Associates Inc. MD purchased a new stake in Arteris in the fourth quarter worth approximately $117,000. Northern Trust Corp boosted its holdings in Arteris by 6.6% in the fourth quarter. Northern Trust Corp now owns 224,443 shares of the company's stock worth $2,287,000 after purchasing an additional 13,838 shares during the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in Arteris in the fourth quarter worth approximately $214,000. Hedge funds and other institutional investors own 64.36% of the company's stock.

Analyst Ratings Changes

AIP has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Arteris from a "sell" rating to a "hold" rating in a report on Saturday. Rosenblatt Securities reaffirmed a "buy" rating and set a $14.00 target price on shares of Arteris in a research note on Wednesday, May 21st. Finally, TD Cowen raised their target price 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. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Arteris presently has a consensus rating of "Buy" and a consensus 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.

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