Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Astera Labs Inc shares valued at $5,352,660 were sold by Mohan Jitendra on Mar 03 ’25. At $71.37 per share, Mohan Jitendra sold 75,000 shares. The insider’s holdings dropped to 587,500 shares worth approximately $39.33 million following the completion of this transaction.
Also, Jitendra Mohan purchased 157,500 shares, netting a total of over 11,781,000 in proceeds.
Before that, Tate Michael Truett had sold 125,800 shares from its account. In a trade valued at $10,382,890, the Chief Financial Officer traded Astera Labs Inc shares for $82.53 each. Upon closing the transaction, the insider’s holdings decreased to 125,800 shares, worth approximately $0.0.
As published in their initiating research note from Raymond James on March 14, 2025, Astera Labs Inc [ALAB] has been an Outperform and the price target has been revised to $82. Analysts at Northland Capital upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in late January. As of January 21, 2025, Morgan Stanley has decreased its “an Overweight” rating to a “an Equal-weight” for ALAB. Earlier on January 02, 2025, Northland Capital downgraded its rating. Their new recommendation was “a Market perform” for ALAB stock which previously was a “an Outperform”.
Analyzing ALAB Stock Performance
During the last five days, there has been a drop of approximately -2.82%. Over the course of the year, Astera Labs Inc shares have dropped approximately -49.45%. Shares of the company reached a 52-week high of $147.39 on 01/06/25 and a 52-week low of $60.29 on 03/11/25. A 50-day SMA is recorded $88.53, while a 200-day SMA reached $76.54.
Support And Resistance Levels for Astera Labs Inc (ALAB)
According to the 24-hour chart, there is a support level at 64.66, which, if violated, would cause prices to drop to 62.37. In the upper region, resistance lies at 70.74. The next price resistance is at 74.53. RSI (Relative Strength Index) is 39.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.13, which suggests the price will increase in the coming days. Percent R is at 54.10%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
