For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Astera Labs Inc (NASDAQ: ALAB) was $84.63 for the day, down -1.27% from the previous closing price of $85.72. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 6.18 million shares were traded.
Ratios:
Our analysis of ALAB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 133.97. For the most recent quarter (mrq), Quick Ratio is recorded 11.21 and its Current Ratio is at 11.71. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On January 21, 2025, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $142.
Northland Capital Downgraded its Outperform to Market Perform on January 02, 2025, while the target price for the stock was maintained at $120.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 19 ’25 when Mohan Jitendra sold 350,680 shares for $89.51 per share. The transaction valued at 31,390,706 led to the insider holds 2,353,655 shares of the business.
Gajendra Sanjay sold 350,680 shares of ALAB for $31,390,706 on Feb 19 ’25. The insider now owns 2,353,655 shares after completing the transaction at $89.51 per share. On Feb 20 ’25, another insider, Mazzara Philip, who serves as the General Counsel and Secretary of the company, sold 50,000 shares for $87.46 each. As a result, the insider received 4,372,938 and left with 191,209 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 34.63 while its Price-to-Book (P/B) ratio in mrq is 14.21.
Stock Price History:
Over the past 52 weeks, ALAB has reached a high of $147.39, while it has fallen to a 52-week low of $36.22. The 50-Day Moving Average of the stock is -26.92%, while the 200-Day Moving Average is calculated to be 10.69%.
Shares Statistics:
A total of 162.02M shares are outstanding, with a floating share count of 116.89M. Insiders hold about 26.30% of the company’s shares, while institutions hold 59.52% stake in the company.
