61,908 Shares in Astera Labs, Inc. $ALAB Acquired by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp bought a new position in Astera Labs, Inc. (NASDAQ:ALAB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 61,908 shares of the company’s stock, valued at approximately $10,299,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ALAB. Assetmark Inc. boosted its holdings in Astera Labs by 374.1% in the third quarter. Assetmark Inc. now owns 128 shares of the company’s stock worth $25,000 after purchasing an additional 101 shares during the last quarter. Hilltop National Bank boosted its holdings in Astera Labs by 100.0% in the fourth quarter. Hilltop National Bank now owns 200 shares of the company’s stock worth $33,000 after purchasing an additional 100 shares during the last quarter. Aventura Private Wealth LLC purchased a new stake in Astera Labs in the fourth quarter worth approximately $33,000. National Bank of Canada FI boosted its holdings in Astera Labs by 159.0% in the third quarter. National Bank of Canada FI now owns 202 shares of the company’s stock worth $39,000 after purchasing an additional 124 shares during the last quarter. Finally, Wexford Capital LP purchased a new position in shares of Astera Labs during the 3rd quarter worth $39,000. Hedge funds and other institutional investors own 60.47% of the company’s stock.

Astera Labs Stock Performance

ALAB opened at $202.68 on Friday. Astera Labs, Inc. has a fifty-two week low of $63.40 and a fifty-two week high of $262.90. The firm’s fifty day moving average is $139.00 and its 200 day moving average is $153.38. The stock has a market cap of $34.72 billion, a price-to-earnings ratio of 166.13, a price-to-earnings-growth ratio of 3.83 and a beta of 1.78.

Astera Labs (NASDAQ:ALAB) last released its earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.07. Astera Labs had a net margin of 25.70% and a return on equity of 16.12%. The company had revenue of $270.58 million for the quarter, compared to analysts’ expectations of $249.46 million. During the same quarter in the previous year, the company earned $0.37 EPS. Astera Labs’s revenue for the quarter was up 91.8% on a year-over-year basis. Astera Labs has set its Q1 2026 guidance at 0.530-0.540 EPS. On average, equities research analysts predict that Astera Labs, Inc. will post 1.48 earnings per share for the current year.

Insider Activity at Astera Labs

In related news, Director Manuel Alba sold 183,000 shares of Astera Labs stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $107.61, for a total transaction of $19,692,630.00. Following the transaction, the director owned 319,863 shares in the company, valued at approximately $34,420,457.43. The trade was a 36.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Philip Mazzara sold 10,000 shares of Astera Labs stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $107.77, for a total transaction of $1,077,700.00. Following the transaction, the general counsel owned 118,084 shares in the company, valued at approximately $12,725,912.68. This trade represents a 7.81% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,064,888 shares of company stock worth $150,764,723 in the last 90 days. Company insiders own 12.50% of the company’s stock.

Analyst Upgrades and Downgrades

ALAB has been the topic of several analyst reports. Weiss Ratings cut shares of Astera Labs from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, February 23rd. Royal Bank Of Canada reiterated an “outperform” rating and set a $250.00 price target on shares of Astera Labs in a research note on Tuesday, April 21st. Stifel Nicolaus set a $236.00 price target on shares of Astera Labs in a research note on Friday. Barclays set a $165.00 price target on shares of Astera Labs in a research note on Thursday, January 15th. Finally, Loop Capital initiated coverage on shares of Astera Labs in a research note on Thursday, March 5th. They set a “buy” rating and a $250.00 price target on the stock. Fifteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $199.20.

Astera Labs 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.