Insider Selling: Astera Labs (NASDAQ:ALAB) CEO Sells 111,214 Shares of Stock

20 May 2026, 21:17 by Jessica Moore · The Cerbat Gem

Astera Labs, Inc. (NASDAQ:ALAB – Get Free Report) CEO Jitendra Mohan sold 111,214 shares of Astera Labs stock in a transaction on Monday, May 18th. The shares were sold at an average price of $216.89, for a total transaction of $24,121,204.46. Following the completion of the sale, the chief executive officer owned 3,817,969 shares in the company, valued at approximately $828,079,296.41. This trade represents a 2.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Tuesday, May 19th, Jitendra Mohan sold 28,737 shares of Astera Labs stock. The shares were sold at an average price of $249.62, for a total transaction of $7,173,329.94.
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 value 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 value of $518,038.20.
On Friday, April 10th, Jitendra Mohan sold 123,750 shares of Astera Labs stock. The shares were sold at an average price of $149.68, for a total value of $18,522,900.00.
On Tuesday, March 17th, Jitendra Mohan sold 157,500 shares of Astera Labs stock. The shares were sold at an average price of $131.58, for a total value of $20,723,850.00.

Astera Labs Trading Up 17.7%

Astera Labs stock traded up $43.22 on Wednesday, hitting $287.48. 10,253,769 shares of the stock traded hands, compared to its average volume of 5,914,570. The firm has a market cap of $49.28 billion, a P/E ratio of 194.24, a price-to-earnings-growth ratio of 3.23 and a beta of 3.35. The business’s fifty day simple moving average is $163.12 and its 200 day simple moving average is $157.97. Astera Labs, Inc. has a 1 year low of $84.78 and a 1 year high of $287.70.

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

Hedge Funds Weigh In On Astera Labs

A number of hedge funds have recently bought and sold shares of the business. Liontrust Investment Partners LLP raised its position in Astera Labs by 98.7% in the 1st quarter. Liontrust Investment Partners LLP now owns 105,270 shares of the company’s stock worth $11,538,000 after buying an additional 52,284 shares during the last quarter. SOA Wealth Advisors LLC. purchased a new position in Astera Labs in the 1st quarter worth about $49,000. E20 Capital Ltd purchased a new position in Astera Labs in the 1st quarter worth about $33,310,000. Silicon Valley Capital Partners raised its position in Astera Labs by 233.3% in the 1st quarter. Silicon Valley Capital Partners now owns 1,000 shares of the company’s stock worth $110,000 after buying an additional 700 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Astera Labs by 20.1% in the 1st quarter. Bank of America Corp DE now owns 1,788,232 shares of the company’s stock worth $195,990,000 after buying an additional 299,415 shares during the last quarter. Hedge funds and other institutional investors own 60.47% of the company’s stock.

Key Stories Impacting Astera Labs

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

Positive Sentiment: Wall Street optimism and a fresh analyst “buy” call helped fuel the rally, with investors viewing Astera Labs as a strong AI play. Astera Labs (ALAB) Soars 13% on Analyst ‘Buy’ Reco
Positive Sentiment: Management commentary about a new switch timeline and potential revenue opportunities in optical networking boosted sentiment around future growth catalysts. Here’s why Astera Labs’ stock just staged a big gain
Positive Sentiment: Traders also pointed to a “Power Inflow” alert and unusually heavy call-option buying, suggesting aggressive bullish positioning and momentum chasing in the stock. Astera Labs Shares Rise Over 6 Percent After Key Trading Signal
Positive Sentiment: The stock is also being bid up after a Barron’s report said it is on pace for a record high, reinforcing the market’s view that Astera Labs is emerging as a notable AI infrastructure winner. Astera Labs Stock on Pace for Record High. Why It’s Up Double Digits for a Second Day.

Wall Street Analysts Forecast Growth

ALAB has been the subject of several recent analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $270.00 price target on shares of Astera Labs in a research report on Wednesday, May 6th. Rothschild & Co Redburn initiated coverage on Astera Labs in a research report on Friday, May 1st. They issued a “neutral” rating and a $153.00 price target for the company. Roth Mkm reaffirmed a “buy” rating and issued a $275.00 price target on shares of Astera Labs in a research report on Wednesday, May 6th. Needham & Company LLC lifted their price target on Astera Labs from $220.00 to $260.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Stifel Nicolaus lifted their price target on Astera Labs from $236.00 to $260.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Fifteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $233.75.

Check Out Our Latest Stock Analysis on Astera Labs

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.