On October 4, 2024, Nicholas Hawkins, Vice President and Chief Financial Officer of Arteris Inc (AIP, Financial), sold 4,958 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 211,713 shares of Arteris Inc.
Arteris Inc specializes in the design and development of network-on-chip interconnect semiconductor intellectual property (IP) and software tools that accelerate, time-to-market for System-on-Chip (SoC) designs. The company's technology is utilized by chip designers to enhance the performance and efficiency of SoCs, which are integral to a wide range of electronic devices.
Over the past year, Nicholas Hawkins has sold a total of 161,376 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend within Arteris Inc, where there have been 55 insider sells and no insider buys over the past year.
Shares of Arteris Inc were trading at $7.13 on the day of the sale, giving the company a market cap of $292.855 million. According to the GF Value, the stock is currently Fairly Valued, with a price-to-GF-Value ratio of 1.04. The GF Value of $6.84 is derived from historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider activity and valuation metrics may be of interest to current and potential investors trying to understand market trends and the intrinsic value of Arteris Inc's shares.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
