In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of Astera Labs Inc (NASDAQ: ALAB) closed at $61.70 in the last session, down -7.80% from day before closing price of $66.92. In other words, the price has decreased by -$7.80 from its previous closing price. On the day, 5.01 million shares were traded.
Ratios:
We take a closer look at ALAB’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 97.68. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 03 ’25 when Mohan Jitendra sold 75,000 shares for $71.37 per share. The transaction valued at 5,352,660 led to the insider holds 587,500 shares of the business.
Jitendra Mohan bought 157,500 shares of ALAB for $11,781,000 on Mar 03 ’25. On Feb 26 ’25, another insider, Tate Michael Truett, who serves as the Chief Financial Officer of the company, sold 125,800 shares for $82.53 each. As a result, the insider received 10,382,890 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 25.25 while its Price-to-Book (P/B) ratio in mrq is 10.36.
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 -41.01%, while the 200-Day Moving Average is calculated to be -19.23%.
Shares Statistics:
A total of 162.02M shares are outstanding, with a floating share count of 120.66M. Insiders hold about 25.59% of the company’s shares, while institutions hold 58.33% stake in the company.
