Astera Labs Director Moves $60.5M in Shares Amid Valuation Debate
Astera Labs, Inc. (NASDAQ: ALAB) director Manuel Alba executed an automatic sale of 129,916 shares on July 1, 2026, generating approximately $60.5 million. The transaction, structured under a Rule 10b5-1 plan adopted in May 2025, occurred near the stock's current trading price of $432.74. This move comes after a significant 383% appreciation over t…