Hawkins, Arteris CFO, sells $51k in AIP stock

Published 04/08/2025, 22:56
Hawkins, Arteris CFO, sells $51k in AIP stock

Arteris , Inc. (NASDAQ:AIP), a $380 million market cap company with impressive 90% gross profit margins and 15% revenue growth over the last twelve months, reported that VP and Chief Financial Officer Nicholas B. Hawkins (NASDAQ:HWKN) sold 5,638 shares of common stock on August 1, 2025, according to a recent SEC filing. The shares were sold at prices ranging from $9.00 to $9.27, with an average price of $9.0328, for a total transaction value of $50,926.

Following the transaction, Hawkins directly owns 119,272 shares of Arteris, Inc. The sale was executed under a pre-arranged 10b5-1 trading plan adopted on May 20, 2024.

In other recent news, Arteris Inc. reported a 28% year-over-year increase in revenue for the first quarter of 2025, reaching $16.5 million and surpassing analyst expectations of $15.69 million. The company attributed its strong performance to successful AI-related deals and strategic investments in innovation. Additionally, Arteris announced that AMD (NASDAQ:AMD) has licensed its FlexGen network-on-chip interconnect IP for next-generation AI chiplet designs, marking a significant partnership to enhance data transport capabilities in AI applications. In another development, Whalechip has licensed Arteris’ FlexNoC 5 IP for custom ASICs aimed at addressing memory access bottlenecks in chips used for AI, autonomous driving, and blockchain computing. Meanwhile, Arteris held its annual stockholder meeting, where K. Charles Janac and S. Atiq Raza were elected as Class I directors. These recent developments highlight Arteris’ ongoing efforts to expand its technological reach and strengthen its position in the semiconductor industry.

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