Universal Beteiligungs und Servicegesellschaft mbH Sells 9,310 Shares of Astera Labs, Inc. $ALAB

Universal Beteiligungs und Servicegesellschaft mbH decreased its position in shares of Astera Labs, Inc. (NASDAQ:ALABFree Report) by 9.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 93,403 shares of the company’s stock after selling 9,310 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.06% of Astera Labs worth $18,288,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Astera Labs by 29.6% in the second quarter. Vanguard Group Inc. now owns 12,049,223 shares of the company’s stock worth $1,089,491,000 after acquiring an additional 2,751,747 shares during the period. State Street Corp raised its holdings in shares of Astera Labs by 39.3% in the 2nd quarter. State Street Corp now owns 2,143,459 shares of the company’s stock valued at $193,812,000 after purchasing an additional 604,363 shares in the last quarter. 1832 Asset Management L.P. raised its holdings in shares of Astera Labs by 151.4% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,543,500 shares of the company’s stock valued at $139,563,000 after purchasing an additional 929,600 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Astera Labs by 46.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,507,675 shares of the company’s stock worth $295,203,000 after purchasing an additional 479,360 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Astera Labs by 36.2% during the second quarter. Geode Capital Management LLC now owns 1,244,978 shares of the company’s stock valued at $112,562,000 after purchasing an additional 330,841 shares in the last quarter. Hedge funds and other institutional investors own 60.47% of the company’s stock.

Insider Transactions at Astera Labs

In related news, CEO Jitendra Mohan sold 90,459 shares of Astera Labs stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $144.69, for a total value of $13,088,512.71. Following the completion of the sale, the chief executive officer directly owned 2,080,418 shares in the company, valued at $301,015,680.42. This trade represents a 4.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Michael Truett Tate sold 11,430 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $144.69, for a total transaction of $1,653,806.70. Following the transaction, the chief financial officer owned 192,297 shares in the company, valued at $27,823,452.93. The trade was a 5.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 576,936 shares of company stock worth $87,409,540 over the last ninety days. 12.50% of the stock is currently owned by insiders.

Astera Labs Price Performance

Astera Labs stock opened at $169.66 on Friday. Astera Labs, Inc. has a 1-year low of $47.13 and a 1-year high of $262.90. The business has a fifty day moving average price of $161.80 and a 200-day moving average price of $168.80. The stock has a market capitalization of $28.66 billion, a price-to-earnings ratio of 152.85, a PEG ratio of 2.41 and a beta of 1.50.

Astera Labs (NASDAQ:ALABGet Free Report) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.10. Astera Labs had a return on equity of 13.48% and a net margin of 27.50%.The company had revenue of $230.58 million during the quarter, compared to analysts’ expectations of $206.42 million. During the same period last year, the business posted $0.23 earnings per share. The firm’s revenue was up 103.9% compared to the same quarter last year. Astera Labs has set its Q4 2025 guidance at 0.50-0.510 EPS. On average, equities research analysts anticipate that Astera Labs, Inc. will post 0.34 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. BNP Paribas Exane assumed coverage on shares of Astera Labs in a research note on Thursday, November 20th. They issued an “outperform” rating for the company. Royal Bank Of Canada initiated coverage on Astera Labs in a report on Wednesday, January 14th. They issued an “outperform” rating and a $225.00 price target on the stock. Wall Street Zen cut Astera Labs from a “buy” rating to a “hold” rating in a research note on Tuesday, November 11th. JPMorgan Chase & Co. raised their price objective on Astera Labs from $180.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, November 5th. Finally, Citigroup reiterated an “outperform” rating on shares of Astera Labs in a research note on Tuesday, December 9th. Fifteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $190.63.

Read Our Latest Stock Report on ALAB

Astera Labs Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Astera Labs (NASDAQ:ALAB)

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