Astera Labs Inc (NASDAQ: ALAB) is -47.99% 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 $72.05 in the last trading session, with the day’s loss setting it -3.16%.
Currently trading at $68.89, the stock is -6.32% and -28.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.82 million and changing -4.39% at the moment leaves the stock -9.75% off its SMA200. ALAB registered a gain of 58.55% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $96.2116 and a 200-day simple moving average (SMA200) of $76.3283.
The stock witnessed a -21.58% loss in the last 1 month and extending the period to 3 months gives it a -43.74%, and is 4.30% up 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 6.17% over the week and 8.14% over the month.
Astera Labs Inc (ALAB) has around 440 employees, a market worth around $11.17B and $396.29M in sales. Fwd P/E is 40.12. Profit margin for the company is -21.05%. Distance from 52-week low is 90.23% and -53.26% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.63%).
with sales reaching $151.55M over the same period.The EPS is expected to grow by 50.07% this year, but quarterly earnings will post 70.39% year-over-year. Quarterly sales are estimated to grow 132.23% in year-over-year returns.
Astera Labs Inc (ALAB) Top Institutional Holders
519.0 institutions hold shares in Astera Labs Inc (ALAB), with institutional investors hold 82.19% of the company’s shares. The shares outstanding are 162.02M, and float is at 121.56M with Short Float at 7.86%. Institutions hold 69.15% of the Float.
The top institutional shareholder in the company is INTEL CORP with over 5.9 million shares valued at $357.21 million. The investor’s holdings represent 3.8036% of the ALAB Shares outstanding. As of 2024-06-30, the second largest holder is ATREIDES MANAGEMENT, LP with 2.78 million shares valued at $168.0 million to account for 1.7889 of the shares outstanding. The other top investors are MAVERICK CAPITAL LTD which holds 1.0 million shares representing 0.6422% and valued at over $60.31 million, while SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC holds 0.6061 of the shares totaling 0.94 million with a market value of $56.92 million.
Astera Labs Inc (ALAB) Insider Activity
The most recent transaction is an insider sale by Mohan Jitendra, the company’s Chief Executive Officer. SEC filings show that Mohan Jitendra sold 75,000 shares of the company’s common stock on Mar 03 ’25 at a price of $71.37 per share for a total of $5.35 million. Following the sale, the insider now owns 0.59 million shares.
Still, SEC filings show that on Feb 26 ’25, Tate Michael Truett (Chief Financial Officer) disposed off 125,800 shares at an average price of $82.53 for $10.38 million. The insider now directly holds 0 shares of Astera Labs Inc (ALAB).
