Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Astera Labs Inc shares valued at $3,992,062 were sold by ALBA MANUEL on Apr 02 ’25. At $63.37 per share, ALBA MANUEL sold 63,000 shares. The insider’s holdings dropped to 444,863 shares worth approximately $28.72 million following the completion of this transaction.
Also, ALBA MANUEL sold 37,000 shares, netting a total of over 2,101,475 in proceeds. Following the sale of shares at $56.80 each, the insider now holds 436,863 shares.
Before that, CASA ALAMEDA 2007, LLC had added 20,000 shares to its account. In a trade valued at $1,240,200, the Director bought Astera Labs Inc shares for $62.01 each.
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 surge of approximately 9.81%. Over the course of the year, Astera Labs Inc shares have dropped approximately -51.26%. Shares of the company reached a 52-week high of $147.39 on 01/06/25 and a 52-week low of $47.13 on 04/04/25. A 50-day SMA is recorded $68.63, while a 200-day SMA reached $76.32.
Support And Resistance Levels for Astera Labs Inc (ALAB)
According to the 24-hour chart, there is a support level at 62.16, which, if violated, would cause prices to drop to 59.77. In the upper region, resistance lies at 65.96. The next price resistance is at 67.37. RSI (Relative Strength Index) is 52.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.66, which suggests the price will increase in the coming days. Percent R is at 2.41%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
