Nicholas B. Hawkins, Vice President and CFO of Arteris, Inc. (NASDAQ:AIP), reported multiple stock transactions on May 15, 2026.
He sold a total of 221,035 shares, generating approximately $7.38 million. Sale prices ranged from $32.18 to $34.65 per share. He also acquired 213,021 shares via stock option exercises.
These transactions come as Arteris shares have surged 349% over the past year, currently trading at $33.71. According to Bond.az analysis, the stock appears overvalued.
The sales comprised three transactions. The largest involved 164,916 shares at an average price of $33.5087. Another 52,928 shares were sold at $32.9749 average, and 3,191 shares at $34.585 average.
Prior to sales, Hawkins acquired 197,396 shares by exercising incentive stock options at $0.56 per share, and 15,625 shares via non-qualified options at $9.28 per share.
Following these transactions, Hawkins directly holds 110,600 shares.
Arteris recently reported strong Q1 2026 results, with EPS of -$0.03 beating estimates, and revenue of $22.94 million. TD Cowen raised its price target to $40.
