Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Astera Labs faces insider selling, but maintains a "Buy" rating despite lower-than-expected earnings.

flag Astera Labs, Inc. (ALAB), a semiconductor company, saw NewEdge Advisors LLC invest $63,000 in 475 shares during the fourth quarter. flag However, insiders have sold 633,990 shares valued at $54,235,012 in the last 90 days, raising concerns among some analysts. flag Despite this, Wall Street analysts maintain a "Buy" rating with an average price target of $109.25. flag Astera Labs has a market cap of $11.75 billion and reported a lower-than-expected EPS of $0.10 for the last quarter.

4 Articles

Further Reading