<div id="readability-page-1"><p>Avior Wealth Management LLC bought a new stake in  Astera Labs, Inc. (NASDAQ:ALAB - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,899 shares of the company's stock, valued at approximately $361,000.</p><ul><li>3 Top Stocks Crushing Q3 Earnings With Strong 2024 Guidance</li></ul><p>A number of other hedge funds and other institutional investors have also recently bought and sold shares of ALAB. Hollencrest Capital Management bought a new position in  Astera Labs in the third quarter valued at about $26,000.  US Bancorp DE bought a new stake in shares of  Astera Labs during the third quarter worth about $46,000.  Allworth Financial LP grew its holdings in shares of  Astera Labs by 445.5% during the third quarter. Allworth Financial LP now owns 1,091 shares of the company's stock worth $57,000 after purchasing an additional 891 shares during the last quarter.  Amalgamated Bank bought a new stake in shares of  Astera Labs during the second quarter worth about $74,000.  Finally, Venturi Wealth Management LLC grew its holdings in shares of  Astera Labs by 26.3% during the third quarter. Venturi Wealth Management LLC now owns 2,400 shares of the company's stock worth $126,000 after purchasing an additional 500 shares during the last quarter. </p><h2>Insider Transactions at Astera Labs</h2><p>In other news, insider Sanjay Gajendra sold 740,000 shares of the company's stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $96.59, for a total transaction of $71,476,600.00. Following the transaction, the insider now directly owns 775,000 shares of the company's stock, valued at $74,857,250. This represents a 48.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through this link. Also, General Counsel Philip Mazzara sold 8,000 shares of the company's stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $43.12, for a total value of $344,960.00. Following the transaction, the general counsel now directly owns 325,474 shares in the company, valued at $14,034,438.88. The trade was a 2.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,573,576 shares of company stock valued at $130,180,512 over the last ninety days. </p><h2>Analyst Ratings Changes</h2><ul><li>Astera Labs’ Big Stock Jump: Can the Growth Be Sustained?</li></ul><p>Several analysts have recently weighed in on ALAB shares. Barclays boosted their price target on Astera Labs from $70.00 to $87.00 and gave the stock an &#34;overweight&#34; rating in a report on Tuesday, November 5th. Roth Mkm lifted their price objective on Astera Labs from $80.00 to $105.00 and gave the stock a &#34;buy&#34; rating in a research note on Tuesday, November 5th. Citigroup initiated coverage on Astera Labs in a research note on Monday, November 18th. They issued a &#34;buy&#34; rating and a $120.00 price objective on the stock. Evercore ISI cut their price objective on Astera Labs from $98.00 to $80.00 and set an &#34;outperform&#34; rating on the stock in a research note on Wednesday, August 7th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Astera Labs from $60.00 to $100.00 and gave the stock a &#34;buy&#34; rating in a research note on Tuesday, November 5th. Twelve investment analysts have rated the stock with a buy rating,  According to data from MarketBeat, Astera Labs presently has a consensus rating of &#34;Buy&#34; and a consensus target price of $94.67.</p><p><b>Check Out Our Latest Stock Report on Astera Labs</b></p><h2>Astera Labs Price Performance</h2><ul><li>Does Reddit's Successful Public Debut Mean Tech IPOs are Back?</li></ul><p>Shares of ALAB opened at $102.28 on Friday. Astera Labs, Inc. has a 52-week low of $36.22 and a 52-week high of $109.11. The business's 50 day moving average price is $69.60 and its two-hundred day moving average price is $59.97. </p><p>Astera Labs (NASDAQ:ALAB - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.06. Astera Labs had a negative return on equity of 15.57% and a negative net margin of 30.69%. The firm had revenue of $113.10 million for the quarter, compared to analyst estimates of $97.50 million. Astera Labs's revenue for the quarter was up 47.1% on a year-over-year basis.  As a group, research analysts forecast that  Astera Labs, Inc. will post -0.45 earnings per share for the current fiscal year. </p><h2>About Astera Labs</h2> (Free Report)<p>Astera Labs, Inc designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform is comprised of a portfolio of data, network, and memory connectivity products, which are built on a unifying software-defined architecture that enables customers to deploy and operate high performance cloud and AI infrastructure at scale.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Astera Labs</li><li>NYSE Stocks Give Investors a Variety of Quality Options </li><li>Tesla Investors Continue to Profit From the Trump Trade</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>MicroStrategy’s Stock Dip vs. Coinbase’s Potential Rally</li><li>What Does a Gap Up Mean in Stocks? How to Play the Gap</li><li>Netflix Ventures Into Live Sports, Driving Stock Momentum</li></ul><p><strong>Want to see what other hedge funds are holding ALAB?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Astera Labs, Inc. (NASDAQ:ALAB - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUxBQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QUxBQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Astera Labs wasn't on the list.</p><p>While Astera Labs currently has a &#34;Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ALAB

<p>Avior Wealth Management LLC acquired 6,899 shares of Astera Labs, Inc. (NASDAQ:ALAB) during Q3, as reported in their SEC filing. Other institutional investors also increased their stakes in the company. Insider transactions included significant sales by Sanjay Gajendra and Philip Mazzara. Analysts have raised price targets for ALAB, with a consensus rating of "Buy" and a target price of $10.67. Astera Labs reported a 47.1% year-over-year revenue increase, with Q3 earnings surpassing estimates.</p>

Avior Wealth Management LLC Buys Shares of 6,899 Astera Labs, Inc. (NASDAQ:ALAB)