Astera Labs Shares Rise 0.88% to 138th in Daily Trading Volume as Earnings Drive Analyst Optimism and Institutional Buys

Astera Labs (ALAB) rose 0.88% on August 22, 2025, with a trading volume of $0.73 billion, ranking 138th in daily market activity. The stock has been driven by robust quarterly earnings, with revenue surging 149.5% year-over-year to $191.93 million, and a net income of $51 million reported. Analysts have raised price targets, including Evercore ISI lifting its estimate to $215 and Morgan Stanley to $155, reflecting optimism about AI infrastructure demand.

Institutional investors have increased stakes in ALAB, with Lord Abbett & CO. LLC boosting holdings by 318.9% and Driehaus Capital Management LLC by 16,640.4%. However, insider selling has emerged as a counterpoint, with CEO Jitendra Mohan and COO Sanjay Gajendra offloading significant shares. Despite this, the stock has attracted new positions from firms like GM Advisory Group LLC, signaling mixed confidence in its near-term trajectory.

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