Federated Hermes Inc. Boosts Holdings in Astera Labs, Inc. $ALAB
Federated Hermes Inc. significantly increased its stake in Astera Labs, Inc. by 91.9% in the third quarter, now owning 278,305 shares worth $54.49 million. Other institutional investors like Vanguard Group Inc. and State Street Corp also raised their holdings, bringing total institutional ownership to 60.47%. Despite strong institutional interest, company insiders, including the CEO and CFO, recently sold substantial amounts of shares.
https://www.marketbeat.com/instant-alerts/filing-federated-hermes-inc-boosts-holdings-in-astera-labs-inc-alab-2026-01-30/