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Nicholas B. Hawkins (NASDAQ:HWKN), VP and Chief Financial Officer of Arteris , Inc. (NASDAQ:AIP), sold 11276 shares of common stock over two days, according to a recent SEC Form 4 filing. The transaction comes as the company’s stock has shown strong momentum, posting a 7.64% gain over the past week and trading at $9.58, significantly above its 52-week low of $5.46. The sales, which totaled $108531, were executed at prices ranging from $9.5 to $9.75.
On June 25, 2025, Hawkins sold 5638 shares at $9.50 per share. The following day, June 26, 2025, he sold an additional 5638 shares at $9.75 per share.
Following these transactions, Hawkins directly owns 150661 shares of Arteris, Inc. In other recent news, Arteris Inc. reported a significant 28% increase in revenue for the first quarter of 2025, reaching $16.5 million and surpassing the forecast of $15.69 million. This growth was largely driven by strong demand in AI-related deals, which now account for over 55% of the company’s business. The company achieved a record annual contract value plus royalties of $66.8 million, marking a 15% year-over-year increase. Arteris also reported a positive free cash flow of $2.7 million for the quarter. In addition, the company opened a new engineering center in Krakow, Poland, to further expand its global workforce and innovation capabilities. Recently, Arteris held its annual stockholder meeting, where K. Charles Janac and S. Atiq Raza were elected as Class I directors, and Deloitte & Touche, LLP was ratified as the independent auditor for 2025. The company also joined the Intel (NASDAQ:INTC) Foundry Accelerator Program to support future semiconductor developments. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.