The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Astera Labs Inc shares valued at $1,421,800 were purchased by RN2021 IRREVOCABLE TRUST U/A D on May 08 ’25. At $71.09 per share, RN2021 IRREVOCABLE TRUST U/A D acquired 20,000 shares.
Also, NAVAD TRUST U/A DTD 11/01/2012 purchased 125,000 shares, netting a total of over 8,886,250 in proceeds.
Before that, SN2021 IRREVOCABLE TRUST U/A D had added 20,000 shares to its account. In a trade valued at $1,421,800, the Director bought Astera Labs Inc shares for $71.09 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 3.50%. Over the course of the year, Astera Labs Inc shares have dropped approximately -45.91%. 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 $65.10, while a 200-day SMA reached $77.01.
Support And Resistance Levels for Astera Labs Inc (ALAB)
According to the 24-hour chart, there is a support level at 69.71, which, if violated, would cause prices to drop to 67.79. In the upper region, resistance lies at 73.69. The next price resistance is at 75.74. RSI (Relative Strength Index) is 60.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.34, which suggests the price will increase in the coming days. Percent R is at 10.21%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
