Astera Labs Inc’s recently made public that its President and COO Gajendra Sanjay unloaded Company’s shares for reported $16.27 million on Jul 09 ’25. In the deal valued at $98.61 per share,165,000 shares were sold. As a result of this transaction, Gajendra Sanjay now holds 695,000 shares worth roughly $66.65 million.
Then, Mohan Jitendra sold 11,282 shares, generating $1,155,962 in total proceeds. Upon selling the shares at $102.46, the Chief Executive Officer now owns 509,174 shares.
Before that, Mohan Jitendra sold 6,982 shares. Astera Labs Inc shares valued at $698,264 were divested by the Chief Executive Officer at a price of $100.01 per share. As a result of the transaction, Mohan Jitendra now holds 511,054 shares, worth roughly $49.01 million.
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 Friday, Astera Labs Inc [NASDAQ:ALAB] saw its stock fall -1.15% to $95.9. Over the last five days, the stock has gained 5.62%. Astera Labs Inc shares have risen nearly 70.64% since the year began. Nevertheless, the stocks have fallen -27.60% 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.
Levels Of Support And Resistance For ALAB Stock
The 24-hour chart illustrates a support level at 94.23, which if violated will result in even more drops to 92.55. On the upside, there is a resistance level at 98.57. A further resistance level may holdings at 101.23.
How much short interest is there in Astera Labs Inc?
A steep rise in short interest was recorded in Astera Labs Inc stocks on 2025-06-13, growing by 6951.0 shares to a total of 10.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 10.97 million shares. There was a rise of 0.06%, which implies that there is a positive sentiment for the stock.
