Profund Advisors LLC Purchases New Stake in Astera Labs, Inc. $ALAB

Profund Advisors LLC acquired a new position in Astera Labs, Inc. (NASDAQ:ALAB) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,424 shares of the company’s stock, valued at approximately $1,258,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ALAB. ProShare Advisors LLC purchased a new stake in shares of Astera Labs during the 3rd quarter worth $2,340,000. Linden Thomas Advisory Services LLC lifted its stake in shares of Astera Labs by 0.4% in the third quarter. Linden Thomas Advisory Services LLC now owns 52,799 shares of the company’s stock valued at $10,338,000 after purchasing an additional 229 shares during the period. Plato Investment Management Ltd acquired a new stake in shares of Astera Labs in the third quarter valued at about $169,000. Alps Advisors Inc. purchased a new stake in Astera Labs during the third quarter worth about $390,000. Finally, SlateStone Wealth LLC grew its position in Astera Labs by 1.3% during the third quarter. SlateStone Wealth LLC now owns 12,744 shares of the company’s stock worth $2,495,000 after buying an additional 160 shares during the period. Institutional investors and hedge funds own 60.47% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ALAB shares. Morgan Stanley reiterated an “overweight” rating and set a $210.00 price target on shares of Astera Labs in a research report on Wednesday, December 3rd. BNP Paribas Exane assumed coverage on Astera Labs in a report on Thursday, November 20th. They set an “outperform” rating for the company. Needham & Company LLC upped their target price on Astera Labs from $205.00 to $220.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Barclays set a $165.00 price target on Astera Labs in a research report on Thursday, January 15th. Finally, Citigroup reiterated an “outperform” rating on shares of Astera Labs in a research report on Tuesday, December 9th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Astera Labs presently has an average rating of “Moderate Buy” and a consensus price target of $194.28.

Astera Labs Stock Performance

Astera Labs stock opened at $182.86 on Wednesday. Astera Labs, Inc. has a fifty-two week low of $47.13 and a fifty-two week high of $262.90. The company has a market capitalization of $30.89 billion, a price-to-earnings ratio of 164.74, a PEG ratio of 2.56 and a beta of 1.50. The stock has a fifty day moving average of $165.43 and a two-hundred day moving average of $174.63.

Insider Buying and Selling at Astera Labs

In other Astera Labs news, CEO Jitendra Mohan sold 90,459 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $144.69, for a total transaction of $13,088,512.71. Following the sale, the chief executive officer directly owned 2,080,418 shares of the company’s stock, 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 accessible through this link. Also, CFO Michael Truett Tate sold 11,430 shares of Astera Labs stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $144.69, for a total transaction of $1,653,806.70. Following the sale, the chief financial officer owned 192,297 shares of the company’s stock, valued at approximately $27,823,452.93. This trade represents a 5.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 576,936 shares of company stock valued at $87,409,540. 12.50% of the stock is owned by company insiders.

Key Astera Labs News

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

• Positive Sentiment: Q4 results beat consensus — Astera Labs reported $0.58 EPS (vs. ~$0.51 est.) and $270.6M revenue, with revenue up ~92% year-over-year; the print validates strong AI-infrastructure demand. Read More.
• Positive Sentiment: Management issued above-consensus Q1 FY2026 guidance for both EPS ( $0.530–0.540 vs. ~0.430 est.) and revenue ($286M–$297M vs. ~$260M consensus), signaling continued demand visibility. Read More.
• Positive Sentiment: Strategic R&D expansion — the company opened an Israel design center to accelerate AI fabrics and scale-up connectivity, which supports long-term product roadmap and ecosystem relationships. Read More.
• Neutral Sentiment: Record revenue for the year — full-year 2025 revenue of $852.5M (up ~115% YoY) underpins the growth narrative but is priced into a high valuation (P/E ~165). Read More.
• Negative Sentiment: Market reaction / expectation mismatch — some media and traders said revenue “came up short of some expectations” and highlighted that headline reaction was negative despite the beat, suggesting investors had been pricing in even larger top-line prints. Read More.
• Negative Sentiment: CFO transition & insider selling — company announced a CFO change (new CFO Desmond Lynch) and reports of substantial insider sell activity have likely added to near-term investor caution. Read More.

Astera Labs Company Profile

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.