In a report released yesterday, Sujeeva De Silva from Roth MKM maintained a Buy rating on Astera Labs, Inc. (ALAB – Research Report), with a price target of $130.00. The company’s shares closed yesterday at $103.29.
According to TipRanks, De Silva is a top 100 analyst with an average return of 27.4% and a 54.56% success rate. De Silva covers the Technology sector, focusing on stocks such as D-Wave Quantum, ACM Research, and indie Semiconductor.
In addition to Roth MKM, Astera Labs, Inc. also received a Buy from Craig-Hallum’s Richard Shannon in a report issued yesterday. However, on January 28, Morgan Stanley maintained a Hold rating on Astera Labs, Inc. (NASDAQ: ALAB).
The company has a one-year high of $147.39 and a one-year low of $36.22. Currently, Astera Labs, Inc. has an average volume of 4.87M.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ALAB in relation to earlier this year. Most recently, in November 2024, Stefan Dyckerhoff, a Director at ALAB sold 45,629.00 shares for a total of $4,851,710.58.
