Astera Labs Director Manuel Alba sold 8,491 shares for $3.9 million on July 1, 2026, under a Rule 10b5-1 trading plan adopted in May 2025. The sale, executed indirectly through Casa Alameda 2007, LLC, represents less than 3% of his total holdings, leaving him with roughly 292,000 shares. The transaction follows a 386% one-year stock return and comes as the company reported record first-quarter revenue of $308.4 million, up 93% year-over-year, with PCIe 6 products now over a third of the mix and non-GAAP operating margin near 36%. Astera Labs, a semiconductor connectivity specialist, has a market capitalization of $69.7 billion and trailing twelve-month revenue of $1.0 billion.
Astera Labs, Inc.Director sold $3.9M under pre-arranged plan, but it's a small portion of holdings and follows strong performance; no clear positive or negative signal.