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 $16,210,929 were sold by Gajendra Sanjay on May 27 ’25. At $98.25 per share, Gajendra Sanjay sold 165,000 shares. The insider’s holdings dropped to 735,000 shares worth approximately $71.01 million following the completion of this transaction.
Also, ALBA 2003 LIVING TRUST U/A DTD purchased 110,000 shares, netting a total of over 10,610,600 in proceeds.
Before that, MAR 2011 CHILDRENS TRUST U/A D had added 130,000 shares to its account. In a trade valued at $12,539,800, the Director bought Astera Labs Inc shares for $96.46 each.
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 4.82%. Over the course of the year, Astera Labs Inc shares have dropped approximately -27.06%. 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 95.16, which, if violated, would cause prices to drop to 93.72. In the upper region, resistance lies at 99.12. The next price resistance is at 101.64. RSI (Relative Strength Index) is 74.20 on the 14-day chart, showing overbought technical sentiment.
