Astera Labs, Inc. (NASDAQ:ALAB – Get Free Report) General Counsel Philip Mazzara sold 10,000 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $117.47, for a total transaction of $1,174,700.00. Following the completion of the transaction, the general counsel directly owned 128,084 shares in the company, valued at approximately $15,046,027.48. This represents a 7.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Philip Mazzara also recently made the following trade(s):
- On Tuesday, February 17th, Philip Mazzara sold 4,849 shares of Astera Labs stock. The stock was sold at an average price of $123.80, for a total transaction of $600,306.20.
Astera Labs Trading Down 0.7%
Shares of NASDAQ ALAB opened at $119.20 on Friday. The stock has a fifty day moving average price of $152.88 and a 200 day moving average price of $170.06. Astera Labs, Inc. has a 12-month low of $47.13 and a 12-month high of $262.90. The company has a market cap of $20.29 billion, a P/E ratio of 97.70, a P/E/G ratio of 2.36 and a beta of 1.74.
Analysts Set New Price Targets
A number of research analysts recently commented on ALAB shares. Raymond James Financial assumed coverage on Astera Labs in a report on Friday, November 21st. They issued a “hold” rating for the company. Northland Securities upped their target price on Astera Labs from $175.00 to $195.00 and gave the company an “outperform” rating in a research report on Tuesday, December 9th. Barclays set a $165.00 target price on Astera Labs in a research note on Thursday, January 15th. Royal Bank Of Canada began coverage on shares of Astera Labs in a research report on Wednesday, January 14th. They set an “outperform” rating and a $225.00 price target for the company. Finally, Wall Street Zen lowered shares of Astera Labs from a “buy” rating to a “hold” rating in a research note on Tuesday, November 11th. Fifteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $195.89.
Read Our Latest Report on Astera Labs
Trending Headlines about Astera Labs
Here are the key news stories impacting Astera Labs this week:
- Positive Sentiment: Loop Capital initiated coverage with a Buy and a $250 price target, highlighting Astera’s role in AI datacenter connectivity and providing a sizable upside thesis for the stock. Read More.
- Positive Sentiment: An initiation piece argues Astera can still be an “AI winner,” reinforcing investor interest in its connectivity chips and software for high‑bandwidth servers. Read More.
- Positive Sentiment: Recent quarterly results showed a revenue and EPS beat and management set modest Q1 EPS guidance, supporting the growth story behind multiple analyst Buy ratings. Read More.
- Neutral Sentiment: Analysts and outlets flag that ALAB is trading at a premium valuation and faces stiff competition — that supports a cautious stance despite strong end‑market demand. Read More.
- Neutral Sentiment: Coverage pieces note mixed share‑price signals vs growth expectations, leaving valuation and timing as the primary debate among investors. Read More.
- Neutral Sentiment: Several writeups describe a shifting investment narrative as analysts update models — positive for long‑term thesis but creating short‑term opinion dispersion. Read More.
- Negative Sentiment: Coverage reports that a margin “reset” tied to an Amazon AI deal could compress near‑term margins, raising execution and profitability concerns for investors focused on margin expansion. Read More.
- Negative Sentiment: Insider selling: Astera’s General Counsel sold 10,000 shares (disclosed early March), which some investors interpret as a near‑term negative signal even though insiders still hold large stakes. Read More.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of ALAB. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Astera Labs by 94.6% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 109,576 shares of the company’s stock worth $9,908,000 after acquiring an additional 53,276 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Astera Labs by 34.5% during the second quarter. Bank of New York Mellon Corp now owns 522,093 shares of the company’s stock valued at $47,208,000 after acquiring an additional 133,961 shares during the period. Geneva Partners LLC acquired a new position in shares of Astera Labs during the third quarter valued at approximately $1,876,000. Corient Private Wealth LLC bought a new stake in Astera Labs during the second quarter worth approximately $543,000. Finally, Handelsbanken Fonder AB lifted its position in Astera Labs by 289.5% in the third quarter. Handelsbanken Fonder AB now owns 126,200 shares of the company’s stock worth $24,710,000 after purchasing an additional 93,800 shares during the period. Institutional investors own 60.47% of the company’s stock.
Astera Labs Company Profile
Astera Labs is a fabless semiconductor company that develops connectivity solutions for data center and cloud infrastructure. The firm focuses on addressing signal integrity and link management challenges that arise as server architectures incorporate higher-bandwidth processors and accelerators. Its technology is aimed at improving reliability and performance for high-speed interconnects used in servers, storage systems and compute accelerators.
The company’s product portfolio centers on silicon devices and accompanying firmware and software that enhance and manage high-speed links.
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