Saiyed Atiq Raza, who serves on the board of Arteris, Inc. (NASDAQ: AIP), completed two insider stock sales last week totaling about $1.99 million. The disposals were carried out on April 17 and April 20, 2026, and were executed pursuant to a pre-established 10b5-1 trading plan that was adopted on November 7, 2025.
On April 17, Mr. Raza sold 72,940 shares of Arteris common stock at a weighted average price of $22.1589 per share. That day's activity consisted of multiple transactions, with execution prices spanning from $22.00 to $22.46. Three days later, on April 20, he sold an additional 17,060 shares at a weighted average price of $22.162 per share, with individual sale prices ranging between $22.05 and $22.24.
Both sets of trades were conducted indirectly through the Saiyed Atiq Raza and Nandini Saraiya 2012 Revocable Trust, for which Mr. Raza is the trustee. After these transactions, Mr. Raza retains indirect ownership of 300,000 shares through the trust and directly holds 20,839 shares of Arteris common stock.
Context for the sales includes Arteris shares trading near their 52-week high of $22.80 and the stock having delivered a 288% return over the past year. The company’s market capitalization is reported at $1.03 billion.
On valuation, InvestingPro analysis included in the company disclosure indicates Arteris appears overvalued at current price levels based on its Fair Value assessment. The same note points investors to a comprehensive analysis and 13 additional ProTips available ahead of Arteris’ upcoming earnings report scheduled for April 30.
Separately, Arteris reported fourth-quarter 2025 results that exceeded market expectations. The company posted revenue of $20.1 million, above the projected $18.55 million, and delivered an earnings per share result of -$0.05, versus an anticipated -$0.07. Those outcomes were characterized as stronger-than-expected for the period.
The disclosure of Mr. Raza’s trades, the valuation commentary, and the recent quarterly results form the public record ahead of the company’s next scheduled reporting date. The transactions were executed under an established trading plan and routed through a revocable trust for which Mr. Raza is trustee, and the post-sale holdings reflect both direct and indirect ownership positions.