Summary: Astera Labs CEO Jitendra Mohan sold 325,693 shares for $56.06M under a pre-arranged plan; insiders have sold about 715k shares for $109.4M. The stock rose 9.2% after beating estimates, but remains richly valued with a P/E around 163.Abstract: Astera Labs' Jitendra Mohan sold 325,693 shares for $56.06 million under a pre-arranged plan, part of broader insider transactions totaling about 715,069 shares and $109.4 million. The stock jumped 9.2% after beating EPS and revenue estimates, yet the company trades at a high valuation with a P/E near 163.

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2026-04-22 03:20:07

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Astera Labs CEO Jitendra Mohan sold 325,693 shares of his company’s stock on April 17th for a total of $56.06 million, reducing his stake by 7.39%. This sale was part of a pre-arranged trading plan, and several similar transactions by Mohan and other insiders have occurred recently, totaling approximately 715,069 shares sold for about $109.4 million. The news comes as ALAB stock recently traded up 9.2% after beating EPS and revenue estimates, although its valuation remains high with a P/E of around 163.

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Jitendra Mohan Sells 325,693 Shares of Astera Labs (NASDAQ:ALAB) Stock

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