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Astera Labs (ALAB) News Today

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$91.88 -2.58 (-2.73%)
As of 01:29 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Why is Astera Labs Down Today?

Astera Labs, Inc. (NASDAQ:ALAB) shares have moved higher today on the back of fresh analyst optimism and strategic partnerships.

  • Evercore ISI upgrade: Analysts raised their target price from $87.00 to $104.00 and reiterated an “Outperform” rating, implying more than 10% upside from recent levels.
  • Consensus “Buy” rating: Of 15 brokerages covering ALAB, 13 rate it a “Buy” and one a “Hold,” reinforcing broad institutional confidence.
  • AI/datacenter tailwinds: Astera Labs expanded its collaboration with Nvidia and was added to the ROBO Global Artificial Intelligence Index, highlighting its role in the $6 trillion datacenter wave.
  • Insider selling: CEO, CFO and General Counsel sold shares in mid-May at roughly $90.50–$90.70, trimming their holdings by 2–13%. Such cash-out transactions can be routine but merit monitoring.

Overall, higher price targets, strong brokerage buy consensus and deepening ties with Nvidia are driving positive sentiment in ALAB. Investors should weigh these catalysts against ongoing insider sales when evaluating the stock.

Posted 2h agoAI generated

ALAB Latest News

Astera Labs, Inc. stock logo
Spyglass Capital Management LLC Cuts Stock Position in Astera Labs, Inc. (NASDAQ:ALAB)
Spyglass Capital Management LLC lessened its stake in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 38.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 455,312 shares of the company's stock after selling 280,809 shares duri
Astera Labs, Inc. stock logo
Snowden Capital Advisors LLC Buys New Shares in Astera Labs, Inc. (NASDAQ:ALAB)
Snowden Capital Advisors LLC purchased a new position in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 8,554 shares of the company's stock, va
Astera Labs, Inc. stock logo
Astera Labs, Inc. (NASDAQ:ALAB) Shares Purchased by Nuveen Asset Management LLC
Nuveen Asset Management LLC boosted its position in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 901.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 477,612 shares of the company's stock after pu
Astera Labs, Inc. stock logo
10,774 Shares in Astera Labs, Inc. (NASDAQ:ALAB) Purchased by Lazard Asset Management LLC
Lazard Asset Management LLC acquired a new position in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 10,774 shares of the company's stock, valued at approximately $1
Astera Labs, Inc. stock logo
Scientech Research LLC Purchases 3,681 Shares of Astera Labs, Inc. (NASDAQ:ALAB)
Scientech Research LLC increased its position in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 52.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,691 shares of the company's stock after buying an additional 3,681 shares during the period. Scientech
Astera Labs, Inc. stock logo
6,690 Shares in Astera Labs, Inc. (NASDAQ:ALAB) Bought by Jacobs Levy Equity Management Inc.
Jacobs Levy Equity Management Inc. purchased a new stake in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 6,690 shares of the company's stock, valued at approximately $886,00
Astera Labs, Inc. stock logo
Ensign Peak Advisors Inc Buys New Holdings in Astera Labs, Inc. (NASDAQ:ALAB)
Ensign Peak Advisors Inc bought a new stake in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,950 shares of the company's stock, valued at approximat
Astera Labs, Inc. stock logo
Astera Labs, Inc. (NASDAQ:ALAB) Shares Sold by Seven Grand Managers LLC
Seven Grand Managers LLC reduced its stake in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 60.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,000 shares of the company's stock after selling 75,000 shares dur
Astera Labs, Inc. stock logo
Polar Capital Holdings Plc Makes New Investment in Astera Labs, Inc. (NASDAQ:ALAB)
Polar Capital Holdings Plc bought a new stake in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 957,431 shares of the company's stock, valued at approximately $126,812,000. Pola
Astera Labs, Inc. stock logo
Ethic Inc. Invests $656,000 in Astera Labs, Inc. (NASDAQ:ALAB)
Ethic Inc. acquired a new position in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,956 shares of the company's stock, valued at approximately $656,000.
Astera Labs, Inc. stock logo
Astera Labs, Inc. (NASDAQ:ALAB) is Nicholas Investment Partners LP's 5th Largest Position
Nicholas Investment Partners LP grew its stake in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 55.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 149,271 shares of the company's stock after acquiri
Astera Labs, Inc. stock logo
Numerai GP LLC Makes New $2.52 Million Investment in Astera Labs, Inc. (NASDAQ:ALAB)
Numerai GP LLC bought a new stake in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 19,020 shares of the company's stock, valued at approximately $2,519,000. Astera Labs make
Astera Labs, Inc. stock logo
Occudo Quantitative Strategies LP Buys New Shares in Astera Labs, Inc. (NASDAQ:ALAB)
Occudo Quantitative Strategies LP bought a new stake in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,000 shares of the company's stock, va
Astera Labs, Inc. stock logo
Miura Global Management LLC Takes $1.99 Million Position in Astera Labs, Inc. (NASDAQ:ALAB)
Miura Global Management LLC bought a new stake in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,000 shares of the company's stock, valued at a
Astera Labs, Inc. stock logo
Moore Capital Management LP Sells 40,000 Shares of Astera Labs, Inc. (NASDAQ:ALAB)
Moore Capital Management LP cut its stake in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 80.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,000 shares of the company's stock after selling 40,0
Astera Labs, Inc. stock logo
Insider Selling: Astera Labs, Inc. (NASDAQ:ALAB) CEO Sells 75,000 Shares of Stock
Astera Labs, Inc. (NASDAQ:ALAB - Get Free Report) CEO Jitendra Mohan sold 75,000 shares of the firm's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $71.05, for a total transaction of $5,328,750.00. Following the completion of the transaction, the chief executive officer now owns 575,000 shares of the company's stock, valued at approximately $40,853,750. The trade was a 11.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Astera Labs, Inc. stock logo
Astera Labs, Inc. (NASDAQ:ALAB) Insider Sells $11,840,400.00 in Stock
Astera Labs, Inc. (NASDAQ:ALAB - Get Free Report) insider Sanjay Gajendra sold 165,000 shares of the business's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $71.76, for a total transaction of $11,840,400.00. Following the completion of the transaction, the insider now owns 755,000 shares in the company, valued at $54,178,800. The trade was a 17.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Astera Labs, Inc. stock logo
Astera Labs (NASDAQ:ALAB) Shares Gap Up - Here's Why
Astera Labs (NASDAQ:ALAB) Shares Gap Up - Still a Buy?
Astera Labs, Inc. stock logo
Astera Labs (NASDAQ:ALAB) Raised to Overweight at Morgan Stanley
Morgan Stanley raised Astera Labs from an "equal weight" rating to an "overweight" rating and set a $99.00 price objective on the stock in a research note on Monday.
Astera Labs, Inc. stock logo
LMR Partners LLP Lowers Stock Holdings in Astera Labs, Inc. (NASDAQ:ALAB)
LMR Partners LLP decreased its holdings in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 45.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 150,000 shares of the company's stock after selling 125,000 shares during the period. LMR Partner
Astera Labs, Inc. stock logo
Graham Capital Management L.P. Makes New $2.66 Million Investment in Astera Labs, Inc. (NASDAQ:ALAB)
Graham Capital Management L.P. purchased a new stake in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 20,115 shares of the company's stock, valued a
Astera Labs, Inc. stock logo
Focus Partners Wealth Acquires 73,708 Shares of Astera Labs, Inc. (NASDAQ:ALAB)
Focus Partners Wealth boosted its holdings in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 20.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 429,342 shares of the company's stock after
Astera Labs, Inc. stock logo
3,805 Shares in Astera Labs, Inc. (NASDAQ:ALAB) Purchased by Ellevest Inc.
Ellevest Inc. purchased a new position in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 3,805 shares of the company's stock, valued at approximately $504,000. Other large investors also recently modifie
Astera Labs, Inc. stock logo
Astera Labs, Inc. (NASDAQ:ALAB) Stock Holdings Trimmed by Comerica Bank
Comerica Bank decreased its holdings in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 94.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,916 shares of the company's stock after selling 247,337 shares during the quar
Astera Labs, Inc. stock logo
Northern Trust Corp Raises Stock Holdings in Astera Labs, Inc. (NASDAQ:ALAB)
Northern Trust Corp boosted its position in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 257.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 296,120 shares of the company's stock after buying an additional 213
Astera Labs, Inc. stock logo
G2 Investment Partners Management LLC Has $3.04 Million Stock Holdings in Astera Labs, Inc. (NASDAQ:ALAB)
G2 Investment Partners Management LLC reduced its holdings in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 77.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,933 shares of the company's stoc
Astera Labs, Inc. stock logo
Baird Financial Group Inc. Sells 19,440 Shares of Astera Labs, Inc. (NASDAQ:ALAB)
Baird Financial Group Inc. lessened its holdings in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 29.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 47,015 shares of the company's stock after selling 19,4
Astera Labs, Inc. stock logo
Fred Alger Management LLC Sells 1,441,526 Shares of Astera Labs, Inc. (NASDAQ:ALAB)
Fred Alger Management LLC trimmed its stake in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 51.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,380,395 shares of the company's stock after s
Astera Labs, Inc. stock logo
Circle Wealth Management LLC Buys 4,092 Shares of Astera Labs, Inc. (NASDAQ:ALAB)
Circle Wealth Management LLC increased its stake in shares of Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 56.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 11,323 shares of the company's stock after buying an additional 4,092 shares during the perio
Astera Labs, Inc. stock logo
Driehaus Capital Management LLC Has $175.41 Million Position in Astera Labs, Inc. (NASDAQ:ALAB)
Driehaus Capital Management LLC raised its stake in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 16,640.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,324,330 shares of the company's stock after a
Astera Labs, Inc. stock logo
Astera Labs (NASDAQ:ALAB) Shares Gap Down After Analyst Downgrade
Astera Labs (NASDAQ:ALAB) Shares Gap Down After Analyst Downgrade
Astera Labs, Inc. stock logo
Needham & Company LLC Lowers Astera Labs (NASDAQ:ALAB) Price Target to $100.00
Needham & Company LLC cut their price target on shares of Astera Labs from $140.00 to $100.00 and set a "buy" rating on the stock in a report on Wednesday.
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ALAB Media Mentions By Week

ALAB Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

ALAB
News Sentiment

1.16

0.76

Average
Computer and Technology
News Sentiment

ALAB News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

ALAB Articles
This Week

38

13

ALAB Articles
Average Week

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This page (NASDAQ:ALAB) was last updated on 5/21/2025 by MarketBeat.com Staff
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