Jitendra Mohan Sells 325,693 Shares of Astera Labs (NASDAQ:ALAB) Stock

Astera Labs, Inc. (NASDAQ:ALAB) CEO Jitendra Mohan sold 325,693 shares of the company’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $172.14, for a total value of $56,064,793.02. Following the completion of the sale, the chief executive officer owned 4,079,322 shares of the company’s stock, valued at approximately $702,214,489.08. The trade was a 7.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jitendra Mohan also recently made the following trade(s):

• On Monday, April 20th, Jitendra Mohan sold 10,188 shares of Astera Labs stock. The stock was sold at an average price of $175.45, for a total value of $1,787,484.60.
• On Wednesday, April 15th, Jitendra Mohan sold 2,967 shares of Astera Labs stock. The stock was sold at an average price of $174.60, for a total value of $518,038.20.
• On Friday, April 10th, Jitendra Mohan sold 123,750 shares of Astera Labs stock. The stock was sold at an average price of $149.68, for a total value of $18,522,900.00.
• On Tuesday, March 17th, Jitendra Mohan sold 157,500 shares of Astera Labs stock. The stock was sold at an average price of $131.58, for a total value of $20,723,850.00.
• On Tuesday, February 17th, Jitendra Mohan sold 94,971 shares of Astera Labs stock. The stock was sold at an average price of $123.81, for a total value of $11,758,359.51.

Astera Labs Stock Up 1.1%

NASDAQ ALAB opened at $194.06 on Thursday. The firm has a market cap of $33.23 billion, a price-to-earnings ratio of 159.07, a price-to-earnings-growth ratio of 3.78 and a beta of 1.78. The business has a 50-day moving average price of $130.79 and a 200-day moving average price of $153.77. Astera Labs, Inc. has a twelve month low of $59.32 and a twelve month high of $262.90.

Astera Labs (NASDAQ:ALAB) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.07. The firm had revenue of $270.58 million during the quarter, compared to analyst estimates of $249.46 million. Astera Labs had a return on equity of 16.12% and a net margin of 25.70%.The business’s quarterly revenue was up 91.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.37 earnings per share. Astera Labs has set its Q1 2026 guidance at 0.530-0.540 EPS. Research analysts expect that Astera Labs, Inc. will post 1.48 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ALAB. Loop Capital began coverage on Astera Labs in a research note on Thursday, March 5th. They issued a “buy” rating and a $250.00 price objective for the company. Barclays set a $165.00 price objective on Astera Labs in a research note on Thursday, January 15th. UBS Group assumed coverage on Astera Labs in a research note on Tuesday. They set a “neutral” rating and a $180.00 price target for the company. Royal Bank Of Canada reissued an “outperform” rating and set a $250.00 price target on shares of Astera Labs in a research note on Tuesday. Finally, Citigroup assumed coverage on Astera Labs in a research note on Thursday, April 2nd. They set a “buy” rating and a $200.00 price target for the company. Fifteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Astera Labs presently has a consensus rating of “Moderate Buy” and an average target price of $199.74.

Hedge Funds Weigh In On Astera Labs

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lido Advisors LLC boosted its stake in Astera Labs by 0.5% during the fourth quarter. Lido Advisors LLC now owns 12,297 shares of the company’s stock valued at $2,046,000 after buying an additional 57 shares during the last quarter. Perigon Wealth Management LLC lifted its stake in shares of Astera Labs by 6.2% in the 4th quarter. Perigon Wealth Management LLC now owns 1,252 shares of the company’s stock valued at $208,000 after purchasing an additional 73 shares during the last quarter. Clearstead Advisors LLC lifted its stake in shares of Astera Labs by 13.6% in the 3rd quarter. Clearstead Advisors LLC now owns 636 shares of the company’s stock valued at $125,000 after purchasing an additional 76 shares during the last quarter. Sound Income Strategies LLC lifted its stake in shares of Astera Labs by 9.2% in the 4th quarter. Sound Income Strategies LLC now owns 902 shares of the company’s stock valued at $164,000 after purchasing an additional 76 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its stake in shares of Astera Labs by 2.6% in the 4th quarter. Venturi Wealth Management LLC now owns 3,284 shares of the company’s stock valued at $546,000 after purchasing an additional 84 shares during the last quarter. 60.47% of the stock is owned by institutional investors.

Astera Labs News Roundup

Here are the key news stories impacting Astera Labs this week:

• Positive Sentiment: Big cloud/hyperscaler deal tailwinds — analysts link Amazon/Anthropic’s $100B build‑out to follow‑on orders for connectivity silicon like Astera’s, underpinning multi‑year revenue upside. Read More.
• Positive Sentiment: Product demand and earnings momentum — coverage highlights surging Aries and Taurus demand and strong fundamentals (Q4 revenue +91.8%, EPS beat, Q1 guidance), supporting further upside as AI data‑center builds continue. Read More.
• Positive Sentiment: Analyst price‑target lift amplified buying — recent upgrades (including RBC’s $250 PT) triggered a sharp intraday rally and heavier volume as momentum traders piled in. Read More.
• Neutral Sentiment: UBS starts coverage at “neutral” with a $180 target — a formal coverage initiation that limits near‑term runway implied by some bulls (PT ~7% below the latest price). Read More.
• Neutral Sentiment: Momentum and hedge‑fund attention — technical buy signals and hedge‑fund interest can magnify moves (higher intraday volatility) but don’t change underlying fundamentals. Read More.
• Negative Sentiment: Significant insider selling — CEO and a director executed large Rule 10b5‑1 sales this month (including a multi‑million‑dollar block), which investors may view as supply pressure despite being planned trades. Read More.

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.