On November 6, 2024, Nicholas Hawkins, Vice President and Chief Financial Officer of Arteris Inc (AIP, Financial), executed a sale of 19,299 shares of the company. The transaction was filed with the SEC and took place at a stock price of $8.14 per share. Following this transaction, the insider now owns 192,414 shares of Arteris Inc.
Arteris Inc specializes in the design and development of software that facilitates the creation of complex chips used in a variety of electronic devices. The company's technology is crucial for the development of systems on chips (SoCs) that are integral to automotive, mobile, and consumer electronics markets.
Over the past year, Nicholas Hawkins has sold a total of 160,675 shares and has not purchased any shares. This recent sale is part of a broader trend observed within Arteris Inc, where there have been 56 insider sells and no insider buys over the past year.
The shares of Arteris Inc were trading at $8.14 on the day of the sale, giving the company a market cap of approximately $333.87 million. According to GF Value, the stock is currently modestly overvalued, with a price-to-GF-Value ratio of 1.19. The GF Value of $6.86 is derived from historical trading multiples, an adjustment factor based on the company's past performance, and future business performance estimates.
This insider selling activity could be of interest to investors tracking insider behaviors as an indicator of the company's future performance and valuation alignment. The consistent pattern of insider sales, particularly in the absence of buys, might suggest various strategic financial maneuvers or personal portfolio decisions by the insiders.
For more detailed analysis on Arteris Inc's valuation metrics such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, investors may refer to further financial analysis and stock market tools.
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.
