Market Recap: Astera Labs Inc (ALAB)’s Negative Momentum, Closing at 71.36

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The closing price of Astera Labs Inc (NASDAQ: ALAB) was $71.36 for the day, down -1.09% from the previous closing price of $72.15. In other words, the price has decreased by -$1.09 from its previous closing price. On the day, 3.9 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 12.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 114.89. 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.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on March 14, 2025, initiated with a Outperform rating and assigned the stock a target price of $82.

On January 28, 2025, Northland Capital Upgraded its rating to Outperform which previously was Market Perform but kept the price unchanged to $120.

Morgan Stanley Downgraded its Overweight to Equal-Weight on January 21, 2025, while the target price for the stock was maintained at $142.

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 Apr 02 ’25 when ALBA MANUEL sold 63,000 shares for $63.37 per share. The transaction valued at 3,992,062 led to the insider holds 444,863 shares of the business.

ALBA MANUEL sold 37,000 shares of ALAB for $2,101,475 on Apr 03 ’25. The Director now owns 436,863 shares after completing the transaction at $56.80 per share. On Apr 02 ’25, another insider, CASA ALAMEDA 2007, LLC, who serves as the Director of the company, bought 20,000 shares for $62.01 each.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 29.70 while its Price-to-Book (P/B) ratio in mrq is 11.98.

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 9.01%, while the 200-Day Moving Average is calculated to be -7.10%.

Shares Statistics:

A total of 162.02M shares are outstanding, with a floating share count of 124.00M. Insiders hold about 24.81% of the company’s shares, while institutions hold 54.07% stake in the company.

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