Astera Labs Inc’s recent filing unveils that its Director NAVAD TRUST U/A DTD 11/01/2012 acquired Company’s shares for reported $35.48 million on May 27 ’25. In the deal valued at $94.62 per share,375,000 shares were bought.
Then, RN2021 IRREVOCABLE TRUST U/A D bought 60,000 shares, generating $5,677,200 in total proceeds.
Before that, SN2021 IRREVOCABLE TRUST U/A D bought 60,000 shares. Astera Labs Inc shares valued at $5,677,200 were divested by the Director at a price of $94.62 per share.
William Blair initiated its Astera Labs Inc [ALAB] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Susquehanna’s analysts, who began to cover the stock in mid May with a ‘”a Neutral”‘ rating. Morgan Stanley also remained covering ALAB and has increased its forecast on May 12, 2025 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Raymond James started covering the stock on March 14, 2025. It rated ALAB as “an Outperform”.
Price Performance Review of ALAB
On Tuesday, Astera Labs Inc [NASDAQ:ALAB] saw its stock jump 3.09% to $97.54. Over the last five days, the stock has gained 8.04%. Astera Labs Inc shares have fallen nearly -26.36% since the year began. Nevertheless, the stocks have risen 33.36% over the past one year. While a 52-week high of $147.39 was reached on 01/06/25, a 52-week low of $36.22 was recorded on 04/04/25. SMA at 50 days reached $70.21, while 200 days put it at $79.73.
Levels Of Support And Resistance For ALAB Stock
The 24-hour chart illustrates a support level at 96.19, which if violated will result in even more drops to 94.85. On the upside, there is a resistance level at 99.09. A further resistance level may holdings at 100.64. The Relative Strength Index (RSI) on the 14-day chart is 76.63, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.43, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 4.88%. Stochastics %K at 91.56% indicates the stock is a selling.
