Astera Labs Inc (NASDAQ: ALAB) is -47.43% 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 $67.68 in the last trading session, with the day’s gains setting it 1.95%.
Currently trading at $69.63, the stock is -21.01% and -36.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.97 million and changing 2.88% at the moment leaves the stock -9.05% off its SMA200. ALAB registered a gain of 44.40% in past 6-months.
The stock witnessed a -31.34% loss in the last 1 month and extending the period to 3 months gives it a -30.09%, and is -10.43% 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 10.29% over the week and 8.59% over the month.
Astera Labs Inc (ALAB) has around 440 employees, a market worth around $11.29B and $396.29M in sales. Fwd P/E is 40.60. Profit margin for the company is -21.05%. Distance from 52-week low is 92.27% and -52.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.63%).
with sales reaching $151.4M over the same period.The EPS is expected to grow by 50.02% this year, but quarterly earnings will post 70.30% year-over-year. Quarterly sales are estimated to grow 132.00% in year-over-year returns.
Astera Labs Inc (ALAB) Top Institutional Holders
The shares outstanding are 162.02M, and float is at 120.32M with Short Float at 7.07%.
The top institutional shareholder in the company is ATREIDES MANAGEMENT, LP with over 2.78 million shares valued at $168.0 million. The investor’s holdings represent 1.7889% of the ALAB Shares outstanding. As of 2024-06-30, the second largest holder is MAVERICK CAPITAL LTD with 1.0 million shares valued at $$60.31 million to account for 0.6422 of the shares outstanding. The other top investors are SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC which holds 0.94 million shares representing 0.6061% and valued at over $56.92 million, while ADAGE CAPITAL PARTNERS GP, L.L.C. holds 0.3383 of the shares totaling 0.53 million with a market value of $31.77 million.
Astera Labs Inc (ALAB) Insider Activity
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Astera Labs Inc disclosed in a document filed with the SEC on Feb 26 ’25 that Tate Michael Truett (Chief Financial Officer) sold a total of 125,800 shares of the company’s common stock. The trade occurred on Feb 26 ’25 and was made at $82.53 per share for $10.38 million. Following the transaction, the insider now directly holds 0.0 shares of the ALAB stock.
Still, SEC filings show that on Feb 26 ’25, THE GLOBALSTAR 2025 CRUT (Officer) Proposed Sale 125,800 shares at an average price of $82.53 for $10.38 million. The insider now directly holds shares of Astera Labs Inc (ALAB).
