Astera Labs Inc (NASDAQ: ALAB) is -58.24% 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 $54.42 in the last trading session, with the day’s gains setting it 0.89%.
Currently trading at $55.31, the stock is -7.53% and -21.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.46 million and changing 1.64% at the moment leaves the stock -27.50% off its SMA200. ALAB registered -22.01% loss for a year compared to 6-month gain of -16.18%. The firm has a 50-day simple moving average (SMA 50) of $70.0389 and a 200-day simple moving average (SMA200) of $76.284676.
The stock witnessed a -22.21% loss in the last 1 month and extending the period to 3 months gives it a -55.54%, and is -6.90% 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 5.53% over the week and 9.07% over the month.
Astera Labs Inc (ALAB) has around 440 employees, a market worth around $8.97B and $396.29M in sales. Fwd P/E is 32.21. Profit margin for the company is -21.05%. Distance from 52-week low is 52.73% and -62.47% 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
524.0 institutions hold shares in Astera Labs Inc (ALAB), with institutional investors hold 83.05% of the company’s shares. The shares outstanding are 162.02M, and float is at 121.92M with Short Float at 8.88%. Institutions hold 69.87% of the Float.
The top institutional shareholder in the company is FMR LLC with over 23.35 million shares valued at $1.41 billion. The investor’s holdings represent 15.0454% of the ALAB Shares outstanding. As of 2024-06-30, the second largest holder is INTEL CORP with 5.9 million shares valued at $357.21 million to account for 3.8036 of the shares outstanding. The other top investors are ATREIDES MANAGEMENT, LP which holds 2.78 million shares representing 1.7889% and valued at over $168.0 million, while VANGUARD GROUP INC holds 1.2911 of the shares totaling 2.0 million with a market value of $121.25 million.
Astera Labs Inc (ALAB) Insider Activity
The most recent transaction is an insider sale by ALBA MANUEL, the company’s Director. SEC filings show that ALBA MANUEL sold 63,000 shares of the company’s common stock on Apr 02 ’25 at a price of $63.37 per share for a total of $3.99 million. Following the sale, the insider now owns 0.44 million shares.
Astera Labs Inc disclosed in a document filed with the SEC on Apr 03 ’25 that ALBA MANUEL (Director) sold a total of 37,000 shares of the company’s common stock. The trade occurred on Apr 03 ’25 and was made at $56.80 per share for $2.1 million. Following the transaction, the insider now directly holds 0.44 million shares of the ALAB stock.
Still, SEC filings show that on Apr 02 ’25, CASA ALAMEDA 2007, LLC (Director) Proposed Sale 20,000 shares at an average price of $62.01 for $1.24 million. The insider now directly holds shares of Astera Labs Inc (ALAB).
