Astera Labs Inc (NASDAQ:ALAB) shares traded -5.82% lower at $90.32 on Wall Street last session.
ALAB stock price is now 1.03% away from the 50-day moving average and 2.92% away from the 200-day moving average. The market capitalization of the company currently stands at $14.90B.
On May 16, 2025, Susquehanna recently initiated its ‘Neutral’ rating on the stock quoting a target price of $80, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Gajendra Sanjay, President and COO sold 165,000 shares of the company’s stock on Jul 09 ’25. The stock was sold for $16,270,048 at an average price of $98.61. Upon completion of the transaction, the President and COO now directly owns 695,000 shares in the company, valued at $62.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 10 ’25, Chief Executive Officer Mohan Jitendra sold 11,282 shares of the business’s stock. A total of $1,155,962 was realized by selling the stock at an average price of $102.46. This leaves the insider owning 509,174 shares of the company worth $45.99 million. A total of 23.71% of the company’s stock is owned by insiders.
During the past 12 months, Astera Labs Inc has had a low of $36.22 and a high of $147.39. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 13.92, and a quick ratio of 13.26. According to the stock market information, the enterprise value for the company is $13987052544, which is based on a 385.00 price-to-earnings ratio, a 9.23 price-to-earnings-growth ratio, and a beta of 1.19. The fifty day moving average price for ALAB is $89.3952 and a two-hundred day moving average price translates $87.760574 for the stock.
The latest earnings results from Astera Labs Inc (NASDAQ: ALAB) was released for 2025-03-31. The net profit margin was 8.44% and return on equity was 4.47% for ALAB. The company reported revenue of $159.44 million for the quarter, compared to $65.26 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 144.33 percent.
