Arteris, Inc. (NASDAQ:AIP) CEO Sells $516,500.00 in Stock

Posted by Trent Williams on Feb 8th, 2025

Arteris, Inc. (NASDAQ:AIP – Get Free Report) CEO K Charles Janac sold 50,000 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $10.33, for a total value of $516,500.00. Following the completion of the transaction, the chief executive officer now directly owns 9,907,691 shares in the company, valued at $102,346,448.03. This represents a 0.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

On Monday, January 6th, K Charles Janac sold 8,432 shares of Arteris stock. The stock was sold at an average price of $12.34, for a total value of $104,050.88.
On Thursday, January 2nd, K Charles Janac sold 6,256 shares of Arteris stock. The shares were sold at an average price of $11.41, for a total value of $71,380.96.
On Monday, December 30th, K Charles Janac sold 58,212 shares of Arteris stock. The shares were sold at an average price of $10.33, for a total value of $601,329.96.
On Thursday, December 26th, K Charles Janac sold 60,584 shares of Arteris stock. The stock was 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 stock was 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 value 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 Stock Performance

Shares of Arteris stock opened at $9.63 on Friday. Arteris, Inc. has a one year low of $5.76 and a one year high of $12.64. The company has a market cap of $386.93 million, a price-to-earnings ratio of -10.03 and a beta of 1.18. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.16 and a current ratio of 1.16. The business’s 50 day moving average price is $10.42 and its 200 day moving average price is $8.61.

Institutional Investors Weigh In On Arteris

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. US Bancorp DE purchased a new stake in Arteris in the third quarter valued at $34,000. R Squared Ltd purchased a new stake in Arteris in the fourth quarter valued at $64,000. The Manufacturers Life Insurance Company purchased a new stake in Arteris in the second quarter valued at $86,000. SG Americas Securities LLC acquired a new stake in shares of Arteris in the fourth quarter valued at $134,000. Finally, Algert Global LLC acquired a new stake in shares of Arteris in the second quarter valued at $115,000. Hedge funds and other institutional investors own 64.36% of the company’s stock.

Analysts Set New Price Targets

Separately, Rosenblatt Securities reiterated 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 Stock Report on Arteris

Arteris Company Profile

(Get Free Report)

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.