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 $11,545,001 were sold by Mohan Jitendra on May 19 ’25. At $90.02 per share, Mohan Jitendra sold 128,250 shares. The insider’s holdings dropped to 541,125 shares worth approximately $51.03 million following the completion of this transaction.
Also, Gajendra Sanjay sold 91,337 shares, netting a total of over 8,281,408 in proceeds. Following the sale of shares at $90.67 each, the insider now holds 2,262,318 shares.
Before that, Mohan Jitendra had sold 91,337 shares from its account. In a trade valued at $8,281,408, the Chief Executive Officer traded Astera Labs Inc shares for $90.67 each. Upon closing the transaction, the insider’s holdings decreased to 91,337 shares, worth approximately $213.34 million.
As published in their initiating research note from William Blair on May 22, 2025, Astera Labs Inc [ALAB] has been an Outperform. Analysts at Susquehanna started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid May. As of May 12, 2025, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for ALAB. Earlier on March 14, 2025, Raymond James initiated its rating. Their recommendation was “an Outperform” for ALAB stock.
Analyzing ALAB Stock Performance
During the last five days, there has been a surge of approximately 2.29%. Over the course of the year, Astera Labs Inc shares have dropped approximately -28.80%. 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.
Support And Resistance Levels for Astera Labs Inc (ALAB)
According to the 24-hour chart, there is a support level at 91.22, which, if violated, would cause prices to drop to 88.14. In the upper region, resistance lies at 97.78. The next price resistance is at 101.26. RSI (Relative Strength Index) is 74.16 on the 14-day chart, showing overbought technical sentiment.
