Arteris (NASDAQ:AIP) CEO K Charles Janac Sells 100,000 Shares

Arteris, Inc. (NASDAQ:AIPGet Free Report) CEO K Charles Janac sold 100,000 shares of the company’s stock in a transaction on Monday, October 6th. The stock was 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 directly owned 9,739,071 shares of the company’s stock, valued at approximately $127,581,830.10. The trade was a 1.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • On Monday, October 6th, K Charles Janac sold 5,755 shares of Arteris stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 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.

Arteris Price Performance

Shares of NASDAQ:AIP opened at $13.49 on Thursday. The company’s 50-day moving average price is $9.84 and its two-hundred day moving average price is $8.53. Arteris, Inc. has a one year low of $5.46 and a one year high of $14.58. The stock has a market capitalization of $575.35 million, a PE ratio of -16.45 and a beta of 1.45.

Arteris (NASDAQ:AIPGet Free Report) last issued its quarterly earnings results 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 firm had revenue of $16.50 million for the quarter, compared to analysts’ expectations of $16.35 million. Arteris has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts anticipate that Arteris, Inc. will post -0.73 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Wall Street Zen raised shares of Arteris from a “sell” rating to a “hold” rating in a research report on Monday, September 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Arteris in a report on Wednesday. Finally, TD Cowen upped their target price on shares of Arteris from $12.00 to $15.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $15.00.

Get Our Latest Analysis on Arteris

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new position in Arteris in the 2nd quarter valued at about $32,000. CWM LLC raised its holdings in 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 acquiring an additional 10,005 shares during the period. Cambridge Investment Research Advisors Inc. bought a new position in Arteris in the 1st quarter valued at about $95,000. Savant Capital LLC bought a new position in Arteris in the 2nd quarter valued at about $97,000. Finally, Kapitalo Investimentos Ltda bought a new position in Arteris in the 2nd quarter valued at about $104,000. 64.36% of the stock is owned by institutional investors.

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.

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