Astera Labs Inc (NASDAQ: ALAB) is -32.33% lower on its value in year-to-date trading and has touched a low of $36.22 and a high of $147.39 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALAB stock was last observed hovering at around $83.16 in the last trading session, with the day’s gains setting it 6.47%.
Currently trading at $89.63, the stock is -29.19% and -24.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.97 million and changing 7.78% at the moment leaves the stock 20.01% off its SMA200. ALAB registered a gain of 90.16% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $119.0214 and a 200-day simple moving average (SMA200) of $74.59595.
The stock witnessed a -36.70% loss in the last 1 month and extending the period to 3 months gives it a 27.50%, and is -27.96% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.56% over the week and 7.76% over the month.
Astera Labs Inc (ALAB) has around 267 employees, a market worth around $14.22B and $305.71M in sales. Fwd P/E is 76.99. Profit margin for the company is -30.69%. Distance from 52-week low is 147.49% and -39.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.54%).
with sales reaching $127.91M over the same period.The EPS is expected to grow by 701.35% this year.
Astera Labs Inc (ALAB) Top Institutional Holders
360.0 institutions hold shares in Astera Labs Inc (ALAB), with institutional investors hold 71.36% of the company’s shares. The shares outstanding are 158.56M, and float is at 116.45M with Short Float at 6.91%. Institutions hold 59.43% of the Float.
Astera Labs Inc (ALAB) Insider Activity
The most recent transaction is an insider sale by Tate Michael Truett, the company’s Chief Financial Officer. SEC filings show that Tate Michael Truett sold 16,000 shares of the company’s common stock on Dec 04 ’24 at a price of $117.84 per share for a total of $1.89 million. Following the sale, the insider now owns 1.41 million shares.
Astera Labs Inc disclosed in a document filed with the SEC on Dec 04 ’24 that ALBA MANUEL (Director) sold a total of 11,000 shares of the company’s common stock. The trade occurred on Dec 04 ’24 and was made at $117.50 per share for $1.29 million. Following the transaction, the insider now directly holds 0.46 million shares of the ALAB stock.
Still, SEC filings show that on Dec 03 ’24, ALBA MANUEL (Director) disposed off 63,000 shares at an average price of $112.83 for $7.11 million. The insider now directly holds 459,863 shares of Astera Labs Inc (ALAB).
