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 $226,650 were purchased by MICHAEL HURLSTON on May 15 ’25. At $90.66 per share, MICHAEL HURLSTON acquired 2,500 shares.
Also, Jitendra Mohan purchased 394,050 shares, netting a total of over 34,581,828 in proceeds.
Before that, Gajendra Sanjay had sold 165,000 shares from its account. In a trade valued at $11,841,073, the insider traded Astera Labs Inc shares for $71.76 each. Upon closing the transaction, the insider’s holdings decreased to 165,000 shares, worth approximately $69.6 million.
As published in a research note from Morgan Stanley on May 12, 2025, Astera Labs Inc [ALAB] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $99. Analysts at Raymond James started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid March. As of January 28, 2025, Northland Capital has increased its “Market perform” rating to a “an Outperform” for ALAB. Earlier on January 21, 2025, Morgan Stanley downgraded its rating. Their new recommendation was “an Equal-weight” for ALAB stock which previously was a “an Overweight”.
Analyzing ALAB Stock Performance
During the last five days, there has been a surge of approximately 28.69%. Over the course of the year, Astera Labs Inc shares have dropped approximately -30.40%. 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 $66.42, while a 200-day SMA reached $77.92.
Support And Resistance Levels for Astera Labs Inc (ALAB)
According to the 24-hour chart, there is a support level at 89.10, which, if violated, would cause prices to drop to 86.00. In the upper region, resistance lies at 94.34. The next price resistance is at 96.48. RSI (Relative Strength Index) is 78.61 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 15.50, which suggests the price will increase in the coming days. Percent R is at 3.86%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
