Arteris CEO Janac sells $11k in shares

Published 04/09/2025, 00:44
Arteris CEO Janac sells $11k in shares

Arteris, Inc. (NASDAQ:AIP) President and CEO Charles Janac sold 1,246 shares of common stock on September 2, 2025, at a price of $8.9417, for a total transaction value of $11,141. The transaction comes amid a challenging week for the stock, which has declined nearly 9% according to InvestingPro data, with shares currently trading at $8.84.

Following the transaction, Janac directly owns 188,539 shares of Arteris , Inc. The filing indicates that the shares were sold to cover the executive’s tax obligations related to the release of restricted stock units. Despite recent challenges, InvestingPro data shows the company maintains impressive gross margins of 90% and analysts have set price targets ranging from $11 to $16.

Janac also indirectly owns 9,839,071 shares through Bayview Legacy, LLC, where he serves as manager, and 56,252 shares through the Charles and Lydia Janac Trust, where he is a trustee. For deeper insights into Arteris’s financial health and comprehensive analysis, access the full Pro Research Report available on InvestingPro.

In other recent news, Arteris, Inc. reported its second-quarter 2025 earnings with revenue figures that surpassed expectations. The company achieved a revenue of $16.5 million, exceeding the projected $16.35 million. However, the earnings per share (EPS) was slightly below estimates, at -$0.11 compared to the expected -$0.10. In addition to its earnings report, Arteris announced its membership in the Ultra Accelerator Link Consortium. This consortium, which was formed in May 2024, includes major technology companies like AMD, AWS, Google, Intel, Meta, and Microsoft. It aims to develop technical specifications for AI accelerator operations. These developments reflect Arteris’s ongoing strategic initiatives in the tech industry.

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