For informational purposes only — not investment advice

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ALAB

LONGINSIDER SELL

ASTERA LABS INC

Research: Finviz ↗·Perplexity ↗

Funds
3
Score
4.50
vs SPY
-29.0%
Stock return (since Q-end)
-25.0%
SPY return (since Q-end)
+4.0%
Current price
$362.34
Days to cover (short int.)
2.2d↓-3.9%
as of 2026-09-15

News Summary

Negative

Astera Labs delivered exceptional Q2 2026 results with $392.4M revenue (+104% YoY) and strong product momentum (Scorpio X-Series ramp, Taurus family expansion), driving multiple analyst upgrades with price targets ranging $275–$348. However, significant red flags include extreme valuation multiples (P/E >130, P/S >30), major insider selling ($60.5M by Chairman Alba coinciding with a 13% single-day drop), and analyst consensus suggesting material downside from current levels despite bullish ratings.

Red flags

  • •Extreme valuation metrics: P/E above 130 and price-to-sales above 30, well above historical and peer norms
  • •Significant insider selling: Chairman Manuel Alba sold $60.5M in stock, coinciding with sharp 13% single-day decline on July 7, 2026
  • •Analyst consensus indicates significant downside from current levels relative to all-time highs despite bullish price targets
  • •Stock volatility and pullback from $499.48 ATH to $290–$300 range reflects valuation concerns despite strong fundamentals
  • •Options market implied 12.5% post-earnings move, indicating elevated uncertainty despite beat results

Funds Buying (3)

FundManagerShares Held∆ SharesPosition Value% of FundQoQStatus
Whale Rock CapitalAlex Sacerdote1.6M+1.6M$757M6.1%—NEW
Maverick CapitalLee Ainslie1.1M+112K$515M4.7%+12%Existing
Point72Steve Cohen14K+14K$7M<0.1%—NEW

Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter. % of Fund is the position's share of the fund's reported equity portfolio — it drives the size weighting in the conviction score.

Portfolio Context

Where ALAB ranks in each buying fund's book, and the positions immediately around it. What a holding sits next to often says more about the thesis than the position size does.

Maverick Capital

position #3 of this fund's book

  1. 1NVIDIA CORPORATION$612M
  2. 2ADVANCED MICRO DEVICES INC$567M
  3. 3ASTERA LABS INC$515M
  4. 4INTEL CORP$512M
  5. 5ALPHABET INC$510M
  6. 6AMAZON COM INC$482M
Whale Rock Capital

position #5 of this fund's book

  1. 2ADVANCED MICRO DEVICES INC$877M
  2. 3ALPHABET INC$856M
  3. 4TTM TECHNOLOGIES INC$791M
  4. 5ASTERA LABS INC$757M
  5. 6AMAZON COM INC$583M
  6. 7CORNING INC$571M
  7. 8MKS INC.$566M

Values are quarter-end position sizes. Shown only for funds where ALAB ranks inside their 40 largest equity positions — below that, neighbouring names carry no signal. Adjacency is an inference about a fund's reasoning, not a disclosure of it.

Insider Activity

NameTitleTypeSharesPriceValueFiledSrc
Dyckerhoff Stefan A—SELL273$273.64$0.07M2026-09-02↗
Dyckerhoff Stefan A—SELL650$273.64$0.18M2026-09-02↗
Dyckerhoff Stefan A—SELL52$273.64$0.01M2026-09-02↗
Dyckerhoff Stefan A—SELL2K$274.79$0.63M2026-09-02↗
Dyckerhoff Stefan A—SELL5K$274.79$1.49M2026-09-02↗
Dyckerhoff Stefan A—SELL429$274.79$0.12M2026-09-02↗
Dyckerhoff Stefan A—SELL785$275.53$0.22M2026-09-02↗
Dyckerhoff Stefan A—SELL2K$275.53$0.51M2026-09-02↗
Dyckerhoff Stefan A—SELL148$275.53$0.04M2026-09-02↗
Dyckerhoff Stefan A—SELL172$276.75$0.05M2026-09-02↗
Dyckerhoff Stefan A—SELL407$276.75$0.11M2026-09-02↗
Dyckerhoff Stefan A—SELL32$276.75$0.01M2026-09-02↗
ALBA MANUEL—SELL3K$277.32$0.71M2026-09-01↗
ALBA MANUEL—SELL21K$278.33$5.84M2026-09-01↗
ALBA MANUEL—SELL37K$279.28$10.38M2026-09-01↗
ALBA MANUEL—SELL59K$280.04$16.63M2026-09-01↗
ALBA MANUEL—SELL13K$281.16$3.62M2026-09-01↗
ALBA MANUEL—SELL6K$282.13$1.66M2026-09-01↗
ALBA MANUEL—SELL4K$283.19$1.12M2026-09-01↗
ALBA MANUEL—SELL2K$284.17$0.64M2026-09-01↗
ALBA MANUEL—SELL340$285.18$0.10M2026-09-01↗
ALBA MANUEL—SELL3K$286.99$0.77M2026-09-01↗
ALBA MANUEL—SELL1K$287.93$0.29M2026-09-01↗
ALBA MANUEL—SELL892$288.95$0.26M2026-09-01↗
ALBA MANUEL—SELL568$277.32$0.16M2026-09-01↗
ALBA MANUEL—SELL5K$278.33$1.29M2026-09-01↗
ALBA MANUEL—SELL8K$279.28$2.28M2026-09-01↗
ALBA MANUEL—SELL13K$280.04$3.66M2026-09-01↗
ALBA MANUEL—SELL3K$281.16$0.80M2026-09-01↗
ALBA MANUEL—SELL1K$282.13$0.36M2026-09-01↗
ALBA MANUEL—SELL868$283.18$0.25M2026-09-01↗
ALBA MANUEL—SELL491$284.18$0.14M2026-09-01↗
ALBA MANUEL—SELL74$285.18$0.02M2026-09-01↗
ALBA MANUEL—SELL588$287.00$0.17M2026-09-01↗
ALBA MANUEL—SELL225$287.93$0.06M2026-09-01↗
ALBA MANUEL—SELL196$288.95$0.06M2026-09-01↗
Gajendra SanjayPresident and COOSELL578$352.11$0.20M2026-08-17↗
Gajendra SanjayPresident and COOSELL1K$351.24$0.37M2026-08-17↗
Gajendra SanjayPresident and COOSELL2K$349.19$0.69M2026-08-17↗
Gajendra SanjayPresident and COOSELL1K$348.05$0.37M2026-08-17↗
Gajendra SanjayPresident and COOSELL4K$347.01$1.21M2026-08-17↗
Gajendra SanjayPresident and COOSELL3K$346.13$0.87M2026-08-17↗
Gajendra SanjayPresident and COOSELL17K$344.99$5.99M2026-08-17↗
Gajendra SanjayPresident and COOSELL4K$343.94$1.28M2026-08-17↗
Gajendra SanjayPresident and COOSELL5K$342.95$1.87M2026-08-17↗
Gajendra SanjayPresident and COOSELL2K$341.71$0.55M2026-08-17↗
Gajendra SanjayPresident and COOSELL3K$340.58$0.89M2026-08-17↗
Gajendra SanjayPresident and COOSELL6K$339.74$2.20M2026-08-17↗
Gajendra SanjayPresident and COOSELL8K$338.58$2.71M2026-08-17↗
Gajendra SanjayPresident and COOSELL10K$337.76$3.53M2026-08-17↗
Gajendra SanjayPresident and COOSELL3K$336.65$0.99M2026-08-17↗
Gajendra SanjayPresident and COOSELL2K$335.41$0.60M2026-08-17↗
Gajendra SanjayPresident and COOSELL7K$334.23$2.31M2026-08-17↗
Gajendra SanjayPresident and COOSELL13K$333.60$4.21M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL44$352.10$0.02M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL82$351.24$0.03M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL156$349.19$0.05M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL81$348.05$0.03M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL269$347.02$0.09M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL199$346.13$0.07M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL1K$344.99$0.45M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL287$343.94$0.10M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL415$342.95$0.14M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL125$341.71$0.04M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL205$340.58$0.07M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL504$339.74$0.17M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL610$338.58$0.21M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL797$337.76$0.27M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL227$336.65$0.08M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL136$335.42$0.05M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL540$334.23$0.18M2026-08-17↗
Mazzara PhilipGeneral Counsel and SecretarySELL814$333.64$0.27M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL578$352.11$0.20M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL1K$351.24$0.37M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL2K$349.19$0.69M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL1K$348.05$0.37M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL4K$347.01$1.21M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL3K$346.13$0.87M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL17K$344.99$5.99M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL4K$343.94$1.28M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL5K$342.95$1.87M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL2K$341.71$0.55M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL3K$340.58$0.89M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL6K$339.74$2.20M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL8K$338.58$2.71M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL10K$337.76$3.53M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL3K$336.65$0.99M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL2K$335.41$0.60M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL7K$334.23$2.31M2026-08-17↗
Mohan JitendraChief Executive OfficerSELL13K$333.60$4.21M2026-08-17↗
Dyckerhoff Stefan A—SELL1K$309.29$0.32M2026-08-06↗
Dyckerhoff Stefan A—SELL2K$309.29$0.76M2026-08-06↗
Dyckerhoff Stefan A—SELL194$309.29$0.06M2026-08-06↗
Dyckerhoff Stefan A—SELL269$311.37$0.08M2026-08-06↗
Dyckerhoff Stefan A—SELL640$311.37$0.20M2026-08-06↗
Dyckerhoff Stefan A—SELL51$311.37$0.02M2026-08-06↗
Dyckerhoff Stefan A—SELL2K$313.07$0.69M2026-08-06↗
Dyckerhoff Stefan A—SELL5K$313.07$1.64M2026-08-06↗
Dyckerhoff Stefan A—SELL416$313.07$0.13M2026-08-06↗
ALBA MANUEL—SELL971$451.96$0.44M2026-07-01↗
ALBA MANUEL—SELL265$453.12$0.12M2026-07-01↗
ALBA MANUEL—SELL436$453.83$0.20M2026-07-01↗
ALBA MANUEL—SELL720$454.92$0.33M2026-07-01↗
ALBA MANUEL—SELL637$455.89$0.29M2026-07-01↗
ALBA MANUEL—SELL747$456.97$0.34M2026-07-01↗
ALBA MANUEL—SELL1K$458.00$0.46M2026-07-01↗
ALBA MANUEL—SELL845$459.02$0.39M2026-07-01↗
ALBA MANUEL—SELL334$460.07$0.15M2026-07-01↗
ALBA MANUEL—SELL468$461.47$0.22M2026-07-01↗
ALBA MANUEL—SELL629$462.44$0.29M2026-07-01↗
ALBA MANUEL—SELL496$463.35$0.23M2026-07-01↗
ALBA MANUEL—SELL307$464.45$0.14M2026-07-01↗
ALBA MANUEL—SELL75$466.13$0.03M2026-07-01↗
ALBA MANUEL—SELL219$466.90$0.10M2026-07-01↗
ALBA MANUEL—SELL336$467.99$0.16M2026-07-01↗
ALBA MANUEL—SELL2K$460.07$0.70M2026-07-01↗
ALBA MANUEL—SELL2K$461.47$0.98M2026-07-01↗
ALBA MANUEL—SELL3K$462.44$1.32M2026-07-01↗
ALBA MANUEL—SELL2K$463.35$1.05M2026-07-01↗
ALBA MANUEL—SELL1K$464.45$0.65M2026-07-01↗
ALBA MANUEL—SELL343$466.14$0.16M2026-07-01↗
ALBA MANUEL—SELL995$466.90$0.46M2026-07-01↗
ALBA MANUEL—SELL2K$468.00$0.71M2026-07-01↗
ALBA MANUEL—SELL1K$429.58$0.55M2026-07-01↗
ALBA MANUEL—SELL7K$430.79$2.86M2026-07-01↗
ALBA MANUEL—SELL767$432.79$0.33M2026-07-01↗
ALBA MANUEL—SELL346$433.43$0.15M2026-07-01↗
ALBA MANUEL—SELL501$434.78$0.22M2026-07-01↗
ALBA MANUEL—SELL467$435.76$0.20M2026-07-01↗
ALBA MANUEL—SELL804$436.82$0.35M2026-07-01↗
ALBA MANUEL—SELL469$437.93$0.21M2026-07-01↗
ALBA MANUEL—SELL650$438.79$0.29M2026-07-01↗
ALBA MANUEL—SELL952$440.05$0.42M2026-07-01↗
ALBA MANUEL—SELL2K$440.86$0.67M2026-07-01↗
ALBA MANUEL—SELL984$441.79$0.43M2026-07-01↗
ALBA MANUEL—SELL1K$442.87$0.48M2026-07-01↗
ALBA MANUEL—SELL1K$443.82$0.53M2026-07-01↗
ALBA MANUEL—SELL1K$444.91$0.59M2026-07-01↗
ALBA MANUEL—SELL948$445.85$0.42M2026-07-01↗
ALBA MANUEL—SELL898$446.91$0.40M2026-07-01↗
ALBA MANUEL—SELL883$447.86$0.40M2026-07-01↗
ALBA MANUEL—SELL1K$448.85$0.66M2026-07-01↗
ALBA MANUEL—SELL570$449.89$0.26M2026-07-01↗
ALBA MANUEL—SELL734$450.94$0.33M2026-07-01↗
ALBA MANUEL—SELL6K$429.58$2.51M2026-07-01↗
ALBA MANUEL—SELL30K$430.79$12.98M2026-07-01↗
ALBA MANUEL—SELL3K$432.79$1.51M2026-07-01↗
ALBA MANUEL—SELL2K$433.43$0.68M2026-07-01↗
ALBA MANUEL—SELL2K$434.78$0.99M2026-07-01↗
ALBA MANUEL—SELL2K$435.76$0.92M2026-07-01↗
ALBA MANUEL—SELL4K$436.82$1.60M2026-07-01↗
ALBA MANUEL—SELL2K$437.93$0.93M2026-07-01↗
ALBA MANUEL—SELL3K$438.79$1.30M2026-07-01↗
ALBA MANUEL—SELL4K$440.05$1.91M2026-07-01↗
ALBA MANUEL—SELL7K$440.86$3.04M2026-07-01↗
ALBA MANUEL—SELL4K$441.79$1.97M2026-07-01↗
ALBA MANUEL—SELL5K$442.87$2.21M2026-07-01↗
ALBA MANUEL—SELL5K$443.82$2.41M2026-07-01↗
ALBA MANUEL—SELL6K$444.91$2.69M2026-07-01↗
ALBA MANUEL—SELL4K$445.85$1.92M2026-07-01↗
ALBA MANUEL—SELL4K$446.91$1.82M2026-07-01↗
ALBA MANUEL—SELL4K$447.86$1.80M2026-07-01↗
ALBA MANUEL—SELL7K$448.85$3.02M2026-07-01↗
ALBA MANUEL—SELL3K$449.89$1.16M2026-07-01↗
ALBA MANUEL—SELL3K$450.94$1.51M2026-07-01↗
ALBA MANUEL—SELL4K$451.96$2.00M2026-07-01↗
ALBA MANUEL—SELL1K$453.12$0.55M2026-07-01↗
ALBA MANUEL—SELL2K$453.83$0.90M2026-07-01↗
ALBA MANUEL—SELL3K$454.92$1.49M2026-07-01↗
ALBA MANUEL—SELL3K$455.89$1.32M2026-07-01↗
ALBA MANUEL—SELL3K$456.97$1.55M2026-07-01↗
ALBA MANUEL—SELL5K$458.00$2.09M2026-07-01↗
ALBA MANUEL—SELL4K$459.02$1.76M2026-07-01↗
Dyckerhoff Stefan A—SELL4K$450.00$1.58M2026-07-01↗
Dyckerhoff Stefan A—SELL8K$450.00$3.75M2026-07-01↗
Dyckerhoff Stefan A—SELL661$450.00$0.30M2026-07-01↗

Beneficial Ownership (13D/13G)

FilerFormShares% of ClassFiledSrc
BlackRock, Inc.SC 13G/A12.7M7.4%2026-07-27↗

SC 13D = active intent to influence control (10-day filing deadline after crossing 5%). SC 13G = passive accumulation, no intent to influence control.