Envestnet Asset Management Inc. Has $12.95 Million Position in Astera Labs, Inc. $ALAB
Envestnet Asset Management Inc. reduced its stake in Astera Labs (NASDAQ:ALAB) by 25% in Q3, selling 22,047 shares and retaining 66,146 shares valued at $12.95 million. Despite an insider selling 8.7% of their position, analysts remain largely positive, with 14 Buy ratings and 7 Hold ratings, and a consensus target price of $192.89. Astera Labs recently surpassed quarterly earnings and revenue estimates, with EPS of $0.58 and revenue increasing 91.8% year-over-year.
https://www.marketbeat.com/instant-alerts/filing-envestnet-asset-management-inc-has-1295-million-position-in-astera-labs-inc-alab-2026-02-17/