Philip Mazzara Sells 796 Shares of Astera Labs (NASDAQ:ALAB) Stock

Astera Labs, Inc. (NASDAQ:ALAB) General Counsel Philip Mazzara sold 796 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $291.03, for a total transaction of $231,659.88. Following the completion of the transaction, the general counsel directly owned 103,343 shares in the company, valued at $30,075,913.29. This trade represents a 0.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Philip Mazzara also recently made the following trade(s):

• On Monday, May 18th, Philip Mazzara sold 14,076 shares of Astera Labs stock. The shares were sold at an average price of $231.78, for a total transaction of $3,262,535.28.
• On Wednesday, April 1st, Philip Mazzara sold 10,000 shares of Astera Labs stock. The shares were sold at an average price of $107.77, for a total transaction of $1,077,700.00.
• On Monday, March 2nd, Philip Mazzara sold 10,000 shares of Astera Labs stock. The shares were sold at an average price of $117.47, for a total transaction of $1,174,700.00.

Astera Labs Price Performance

NASDAQ ALAB opened at $325.33 on Thursday. The firm’s fifty day moving average price is $182.05 and its 200 day moving average price is $162.57. The company has a market capitalization of $55.76 billion, a price-to-earnings ratio of 219.82, a price-to-earnings-growth ratio of 4.22 and a beta of 3.35. Astera Labs, Inc. has a 12 month low of $84.78 and a 12 month high of $326.97.

Astera Labs (NASDAQ:ALAB) last posted its earnings results on Tuesday, May 5th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.07. The firm had revenue of $308.36 million for the quarter, compared to the consensus estimate of $292.19 million. Astera Labs had a net margin of 26.72% and a return on equity of 18.49%. The company’s revenue was up 93.5% on a year-over-year basis. During the same period last year, the firm posted $0.33 EPS. Astera Labs has set its Q2 2026 guidance at 0.680-0.700 EPS. As a group, sell-side analysts forecast that Astera Labs, Inc. will post 1.84 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Roth Mkm reaffirmed a “buy” rating and issued a $275.00 target price on shares of Astera Labs in a research report on Wednesday, May 6th. Morgan Stanley increased their price target on shares of Astera Labs from $210.00 to $240.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Northland Securities lowered shares of Astera Labs from an “outperform” rating to a “market perform” rating in a research note on Tuesday. Stifel Nicolaus lifted their price objective on shares of Astera Labs from $236.00 to $260.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Weiss Ratings upgraded shares of Astera Labs from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, May 21st. Twelve research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Astera Labs presently has a consensus rating of “Moderate Buy” and an average target price of $233.75.

Astera Labs News Roundup

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

• Positive Sentiment: Astera Labs announced it will host press conferences, live demos, and technical talks at Computex 2026, where it plans to showcase its AI connectivity portfolio, including the Scorpio X-Series 320 Lane Smart Fabric Switch, optical connectivity, and COSMOS-enabled validation tools. The event should help support visibility with analysts, customers, and ecosystem partners. Article Title
• Positive Sentiment: The company’s recent conference presentation at TD Cowen and broader analyst attention keep the focus on Astera Labs’ AI infrastructure growth story and product roadmap. Article Title
• Neutral Sentiment: Northland Securities downgraded ALAB from outperform to market perform, which may cap some near-term enthusiasm but does not signal a major change in the company’s fundamentals.
• Negative Sentiment: Insider selling remains a notable overhang, including COO Sanjay Gajendra’s large prearranged sale of 400,000 shares and General Counsel Philip Mazzara’s sale of 796 shares. Even though these trades were disclosed and one was made under a 10b5-1 plan, heavy insider selling can weigh on investor sentiment. Article Title

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ALAB. Atreides Management LP increased its stake in Astera Labs by 108.9% in the first quarter. Atreides Management LP now owns 3,365,787 shares of the company’s stock valued at $368,890,000 after purchasing an additional 1,754,593 shares during the period. Vanguard Group Inc. increased its stake in Astera Labs by 14.1% in the third quarter. Vanguard Group Inc. now owns 13,743,141 shares of the company’s stock valued at $2,690,907,000 after purchasing an additional 1,693,918 shares during the period. Amundi lifted its stake in shares of Astera Labs by 1,298.6% in the 3rd quarter. Amundi now owns 1,421,263 shares of the company’s stock worth $278,283,000 after acquiring an additional 1,319,643 shares during the period. Rafferty Asset Management LLC purchased a new stake in shares of Astera Labs in the third quarter valued at about $209,599,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Astera Labs by 577.3% in the third quarter. BNP Paribas Financial Markets now owns 1,127,340 shares of the company’s stock valued at $220,733,000 after acquiring an additional 960,899 shares in the last quarter. 60.47% of the stock is currently owned by institutional investors and hedge funds.

Astera Labs Company Profile

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.