K Charles Janac Sells 11,821 Shares of Arteris (NASDAQ:AIP) Stock

Arteris, Inc. (NASDAQ:AIP) CEO K Charles Janac sold 11,821 shares of the company’s stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $11.07, for a total transaction of $130,858.47. Following the transaction, the chief executive officer directly owned 167,514 shares of the company’s stock, valued at $1,854,379.98. This represents a 6.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• 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 Stock Performance

Shares of AIP opened at $12.95 on Wednesday. The company has a 50-day simple moving average of $9.78 and a 200-day simple moving average of $8.50. The firm has a market capitalization of $552.32 million, a P/E ratio of -15.79 and a beta of 1.45. Arteris, Inc. has a 52 week low of $5.46 and a 52 week high of $14.58.

Arteris (NASDAQ:AIP) last announced its quarterly earnings results on Tuesday, August 5th. The company reported ($0.11) EPS for the quarter, hitting analysts’ consensus estimates of ($0.11). The firm had revenue of $16.50 million during the quarter, compared to analysts’ expectations 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 forecast that Arteris, Inc. will post -0.73 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have commented on AIP shares. TD Cowen raised their price target on shares of Arteris from $12.00 to $15.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Wall Street Zen upgraded shares of Arteris from a “sell” rating to a “hold” rating in a research note on Monday, September 15th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Arteris in a research note on Saturday, September 27th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $15.00.

Institutional Trading of Arteris

Several hedge funds have recently modified their holdings of AIP. Raymond James Financial Inc. acquired a new stake in shares of Arteris during the second quarter worth approximately $32,000. CWM LLC increased its holdings in shares of Arteris by 4,810.1% during the first quarter. CWM LLC now owns 10,213 shares of the company’s stock worth $71,000 after buying an additional 10,005 shares in the last quarter. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Arteris during the first quarter worth approximately $95,000. Savant Capital LLC bought a new stake in shares of Arteris during the second quarter valued at approximately $97,000. Finally, Kapitalo Investimentos Ltda acquired a new stake in shares of Arteris in the second quarter valued at approximately $104,000. Institutional investors and hedge funds own 64.36% of the company’s stock.

About Arteris

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.