Astera Labs (NASDAQ:ALAB) Director Sells $325,000.00 in Stock

Astera Labs, Inc. (NASDAQ:ALAB) Director Jack Lazar sold 2,500 shares of Astera Labs stock in a transaction on Monday, March 16th. The stock was sold at an average price of $130.00, for a total value of $325,000.00. Following the transaction, the director directly owned 84,851 shares of the company’s stock, valued at $11,030,630. This trade represents a 2.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Astera Labs Trading Down 0.2%

Shares of NASDAQ ALAB opened at $126.08 on Friday. The company’s 50-day moving average price is $145.03 and its 200 day moving average price is $166.64. Astera Labs, Inc. has a 52 week low of $47.13 and a 52 week high of $262.90. The stock has a market cap of $21.46 billion, a price-to-earnings ratio of 103.34, a PEG ratio of 2.49 and a beta of 1.74.

Astera Labs (NASDAQ:ALAB) last announced its earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.07. The company had revenue of $270.58 million during the quarter, compared to analysts’ expectations of $249.46 million. Astera Labs had a net margin of 25.70% and a return on equity of 16.12%. The firm’s quarterly revenue was up 91.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.37 earnings per share. Astera Labs has set its Q1 2026 guidance at 0.530-0.540 EPS. As a group, research analysts expect that Astera Labs, Inc. will post 0.34 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Barclays set a $165.00 target price on Astera Labs in a research note on Thursday, January 15th. Jefferies Financial Group reissued a “buy” rating on shares of Astera Labs in a report on Wednesday, December 3rd. Northland Securities upped their price objective on Astera Labs from $175.00 to $195.00 and gave the company an “outperform” rating in a research report on Tuesday, December 9th. Loop Capital started coverage on Astera Labs in a research note on Thursday, March 5th. They set a “buy” rating and a $250.00 price objective on the stock. Finally, Citigroup dropped their price objective on Astera Labs from $275.00 to $250.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Fifteen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $202.22.

Institutional Trading of Astera Labs

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Spear Advisors LLC acquired a new position in Astera Labs in the 4th quarter valued at $15,787,000. Hsbc Holdings PLC boosted its holdings in shares of Astera Labs by 128.5% during the fourth quarter. Hsbc Holdings PLC now owns 83,721 shares of the company’s stock worth $14,126,000 after purchasing an additional 47,081 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Astera Labs in the fourth quarter valued at $75,000. Bank of Hawaii grew its position in shares of Astera Labs by 12.7% in the fourth quarter. Bank of Hawaii now owns 28,580 shares of the company’s stock valued at $4,755,000 after purchasing an additional 3,221 shares during the period. Finally, Reflection Asset Management acquired a new position in Astera Labs in the fourth quarter valued at $25,000. 60.47% of the stock is owned by hedge funds and other institutional investors.

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.