Astera Labs Inc (NASDAQ: ALAB) is -28.68% 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 $90.29 in the last trading session, with the day’s gains setting it 4.17%.
Currently trading at $94.46, the stock is 24.95% and 38.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.37 million and changing 4.62% at the moment leaves the stock 20.09% off its SMA200. ALAB registered 29.40% gain for a year compared to 6-month loss of 6.75%.
The stock witnessed a 73.58% gain in the last 1 month and extending the period to 3 months gives it a 5.07%, and is 7.63% 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 5.35% over the week and 5.58% over the month.
Astera Labs Inc (ALAB) has around 440 employees, a market worth around $15.58B and $490.47M in sales. Current P/E ratio is 402.64 and Fwd P/E is 55.03. Profit margin for the company is 8.44%. Distance from 52-week low is 160.83% and -35.91% from its 52-week high. The company has generated returns on investments over the last 12 months (3.97%).
with sales reaching $172.5M over the same period.The EPS is expected to grow by 60.00% this year, but quarterly earnings will post 76.63% year-over-year. Quarterly sales are estimated to grow 124.46% in year-over-year returns.
Astera Labs Inc (ALAB) Top Institutional Holders
The shares outstanding are 164.91M, and float is at 124.25M with Short Float at 8.66%.
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 Gajendra Sanjay. SEC filings show that Gajendra Sanjay sold 91,337 shares of the company’s common stock on May 16 ’25 at a price of $90.67 per share for a total of $8.28 million. Following the sale, the insider now owns 2.26 million shares.
Astera Labs Inc disclosed in a document filed with the SEC on May 16 ’25 that Mohan Jitendra (Chief Executive Officer) sold a total of 91,337 shares of the company’s common stock. The trade occurred on May 16 ’25 and was made at $90.67 per share for $8.28 million. Following the transaction, the insider now directly holds 2.26 million shares of the ALAB stock.
Still, SEC filings show that on May 19 ’25, Mazzara Philip (General Counsel and Secretary) disposed off 25,000 shares at an average price of $90.13 for $2.25 million. The insider now directly holds 162,596 shares of Astera Labs Inc (ALAB).
