Astera Labs (NASDAQ:ALAB) CEO Jitendra Mohan Sells 28,737 Shares of Stock

Posted by Jessica Moore on May 21st, 2026

Astera Labs, Inc. (NASDAQ:ALAB – Get Free Report) CEO Jitendra Mohan sold 28,737 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $249.62, for a total transaction of $7,173,329.94. Following the completion of the sale, the chief executive officer directly owned 3,789,232 shares in the company, valued at approximately $945,868,091.84. This trade represents a 0.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Jitendra Mohan also recently made the following trade(s):

On Monday, May 18th, Jitendra Mohan sold 111,214 shares of Astera Labs stock. The shares were sold at an average price of $216.89, for a total transaction of $24,121,204.46.
On Monday, May 18th, Jitendra Mohan sold 95,444 shares of Astera Labs stock. The shares were sold at an average price of $225.02, for a total transaction of $21,476,808.88.
On Thursday, May 7th, Jitendra Mohan sold 139,951 shares of Astera Labs stock. The shares were sold at an average price of $200.16, for a total transaction of $28,012,592.16.
On Monday, April 20th, Jitendra Mohan sold 10,188 shares of Astera Labs stock. The shares were sold at an average price of $175.45, for a total transaction of $1,787,484.60.
On Friday, April 17th, Jitendra Mohan sold 325,693 shares of Astera Labs stock. The shares were sold at an average price of $172.14, for a total transaction of $56,064,793.02.
On Wednesday, April 15th, Jitendra Mohan sold 2,967 shares of Astera Labs stock. The shares were sold at an average price of $174.60, for a total transaction of $518,038.20.
On Friday, April 10th, Jitendra Mohan sold 123,750 shares of Astera Labs stock. The stock was sold at an average price of $149.68, for a total transaction of $18,522,900.00.
On Tuesday, March 17th, Jitendra Mohan sold 157,500 shares of Astera Labs stock. The stock was sold at an average price of $131.58, for a total transaction of $20,723,850.00.

Astera Labs Price Performance

ALAB stock opened at $287.48 on Thursday. Astera Labs, Inc. has a one year low of $84.78 and a one year high of $287.70. The stock has a market cap of $49.28 billion, a PE ratio of 194.24, a P/E/G ratio of 3.23 and a beta of 3.35. The firm has a 50 day simple moving average of $163.12 and a two-hundred day simple moving average of $157.97.

Astera Labs (NASDAQ:ALAB – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.07. Astera Labs had a net margin of 26.72% and a return on equity of 18.49%. The company had revenue of $308.36 million during the quarter, compared to analysts’ expectations of $292.19 million. During the same quarter in the prior year, the company earned $0.33 EPS. The firm’s revenue was up 93.5% on a year-over-year basis. Astera Labs has set its Q2 2026 guidance at 0.680-0.700 EPS. On average, research analysts expect that Astera Labs, Inc. will post 1.84 EPS for the current fiscal year.

Institutional Trading of Astera Labs

A number of institutional investors have recently made changes to their positions in the stock. Lido Advisors LLC boosted its holdings in shares of Astera Labs by 0.5% during the 4th quarter. Lido Advisors LLC now owns 12,297 shares of the company’s stock valued at $2,046,000 after acquiring an additional 57 shares during the last quarter. Perigon Wealth Management LLC raised its position in shares of Astera Labs by 6.2% during the fourth quarter. Perigon Wealth Management LLC now owns 1,252 shares of the company’s stock valued at $208,000 after buying an additional 73 shares during the last quarter. Clearstead Advisors LLC raised its position in shares of Astera Labs by 13.6% during the third quarter. Clearstead Advisors LLC now owns 636 shares of the company’s stock valued at $125,000 after buying an additional 76 shares during the last quarter. Sound Income Strategies LLC raised its position in shares of Astera Labs by 9.2% during the fourth quarter. Sound Income Strategies LLC now owns 902 shares of the company’s stock valued at $164,000 after buying an additional 76 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its holdings in shares of Astera Labs by 2.6% in the fourth quarter. Venturi Wealth Management LLC now owns 3,284 shares of the company’s stock valued at $546,000 after purchasing an additional 84 shares in the last quarter. Hedge funds and other institutional investors own 60.47% of the company’s stock.

More Astera Labs News

Here are the key news stories impacting Astera Labs this week:

Positive Sentiment: Astera Labs’ recent investor presentation and conference remarks highlighted new networking and switching products, reinforcing the company’s positioning as an AI infrastructure beneficiary.
Positive Sentiment: Wall Street commentary has turned more constructive, with reports of analyst “buy” recommendations helping extend the rally in ALAB shares.
Positive Sentiment: Traders also flagged bullish order-flow and options activity, including a “Power Inflow” signal and elevated call option volume, which can add momentum to a fast-rising stock.

Analyst Ratings Changes

ALAB has been the subject of a number of recent analyst reports. Weiss Ratings upgraded shares of Astera Labs from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. upped their price objective on shares of Astera Labs from $205.00 to $280.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. UBS Group began coverage on shares of Astera Labs in a research report on Tuesday, April 21st. They issued a “neutral” rating and a $180.00 target price on the stock. Evercore reaffirmed an “outperform” rating and issued a $297.00 target price on shares of Astera Labs in a research report on Tuesday. Finally, TD Cowen upped their target price on shares of Astera Labs from $140.00 to $225.00 and gave the stock a “hold” rating in a research report on Wednesday, May 6th. Fifteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $233.75.

Read Our Latest Stock Report on ALAB

Astera Labs Company Profile

(Get Free Report)

Astera Labs is a fabless semiconductor company that develops connectivity solutions for data center and cloud infrastructure. The firm focuses on addressing signal integrity and link management challenges that arise as server architectures incorporate higher-bandwidth processors and accelerators. Its technology is aimed at improving reliability and performance for high-speed interconnects used in servers, storage systems and compute accelerators.

The company’s product portfolio centers on silicon devices and accompanying firmware and software that enhance and manage high-speed links.