SEC Form SC 13G filed by Astera Labs Inc.

$ALAB
Semiconductors
Technology
Get the next $ALAB alert in real time by email
SC 13G 1 filing.txt SCHEDULE 13G Amendment No.0 ASTERA LABS INC COMMON STOCK Cusip #04626A103 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #04626A103 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 16,403,066 Item 6: 0 Item 7: 16,403,971 Item 8: 0 Item 9: 16,403,971 Item 11: 10.551% Item 12: HC Cusip #04626A103 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 16,403,971 Item 8: 0 Item 9: 16,403,971 Item 11: 10.551% Item 12: IN Item 1(a). Name of Issuer: ASTERA LABS INC Item 1(b). Address of Issuer's Principal Executive Offices: 2901 TASMAN DR, SUITE 205 SANTA CLARA, CA 95054 US Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 04626A103 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 16,403,971 (b) Percent of Class: 10.551% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 16,403,971 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of ASTERA LABS INC. No one other person's interest in the COMMON STOCK of ASTERA LABS INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. April 9, 2024 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC * IA Fidelity Management Trust Company BK Strategic Advisers LLC IA * Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G. Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on April 9, 2024, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of ASTERA LABS INC at March 28, 2024. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.
Get the next $ALAB alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$ALAB

DatePrice TargetRatingAnalyst
3/14/2025$82.00Outperform
Raymond James
1/28/2025$120.00Market Perform → Outperform
Northland Capital
1/21/2025$142.00Overweight → Equal-Weight
Morgan Stanley
1/2/2025$120.00Outperform → Market Perform
Northland Capital
11/18/2024$120.00Buy
Citigroup
9/4/2024$55.00Equal-Weight → Overweight
Morgan Stanley
4/16/2024$100.00Outperform
Evercore ISI
4/15/2024$90.00Buy
Craig Hallum
More analyst ratings

$ALAB
Press Releases

Fastest customizable press release news feed in the world

See more
  • Astera Labs Optimizes Connectivity for NVIDIA Blackwell-Based MGX Platforms at Scale

    SANTA CLARA, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced its Scorpio Smart Fabric Switches for PCIe® 6-ready NVIDIA Blackwell-based MGX™ platforms will deliver leading performance through a modular design that scales across different NVIDIA MGX configurations. Additionally, Astera Labs empowers customers to perform in-house testing through its accelerated test and interop development kit, featuring whitepapers, reference designs, comprehensive SDKs, simulation models, and extensive interoperability and performance testing in the Cloud-Scale Interop

    $ALAB
    Semiconductors
    Technology
  • Astera Labs Expands Interoperability Leadership to Propel Next-Gen PCIe 6.x Ecosystem

    SANTA CLARA, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the expansion of its Cloud-Scale Interop Lab to accelerate time-to-market of PCIe® 6.x AI platforms powered by Scorpio Smart Fabric Switches. Rigorous interoperability and performance testing of Scorpio P-Series Fabric Switches with a wide-range of PCIe 6.x exercisers, analyzers, GPUs, CPUs, NICs, SSDs, and Switches across multiple PCIe generations and topologies enables customers to design with confidence, minimize interoperation risk, and reduce overall development time and costs. Chris Pet

    $ALAB
    Semiconductors
    Technology
  • Astera Labs Appoints Dr. Craig Barratt to Board of Directors

    SANTA CLARA, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the appointment of Dr. Craig Barratt to its Board of Directors. Dr. Barratt is a seasoned technology industry veteran with decades of experience as an impactful leader and board member at networking, semiconductor, and medical device companies. "Craig's proven track record of scaling high-growth technology companies and driving breakthrough innovations at industry leaders like Atheros, Google, and Qualcomm makes him an invaluable addition to Astera Labs' Board of Directors," said Jitendra Moh

    $ALAB
    $ISRG
    Semiconductors
    Technology
    Industrial Specialties
    Health Care

$ALAB
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$ALAB
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$ALAB
SEC Filings

See more

$ALAB
Leadership Updates

Live Leadership Updates

See more
  • Astera Labs Appoints Dr. Craig Barratt to Board of Directors

    SANTA CLARA, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the appointment of Dr. Craig Barratt to its Board of Directors. Dr. Barratt is a seasoned technology industry veteran with decades of experience as an impactful leader and board member at networking, semiconductor, and medical device companies. "Craig's proven track record of scaling high-growth technology companies and driving breakthrough innovations at industry leaders like Atheros, Google, and Qualcomm makes him an invaluable addition to Astera Labs' Board of Directors," said Jitendra Moh

    $ALAB
    $ISRG
    Semiconductors
    Technology
    Industrial Specialties
    Health Care
  • Astera Labs Appoints Bethany Mayer to Board of Directors

    Mayer brings technology and leadership expertise in scaling multi-billion-dollar enterprises Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the appointment of Bethany Mayer to its Board of Directors. Mayer brings over 30 years of experience as a visionary leader and board member at networking, cybersecurity, and semiconductor companies. "Bethany brings a wide range of technology and leadership experiences at both global corporations and tech start-ups to Astera Labs, and we are pleased to welcome her to the Board of Directors," said Jitendra Mohan, CEO and Co-founder, Astera Labs. "Her exper

    $ALAB
    Semiconductors
    Technology

$ALAB
Financials

Live finance-specific insights

See more
  • Astera Labs Announces Conference Call to Review Fourth Quarter 2024 Financial Results

    SANTA CLARA, Calif., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will release its financial results for the fourth quarter 2024 after the close of market on Monday, Feb. 10, 2025. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date:Feb. 10, 2025  Time:1:30 pm PT / 4:30 pm ET  Hosts:Jitendra Mohan, Chief Executive OfficerSanjay Gajendra, President and Chief Operating OfficerMike Tate, Chief Financial Officer  Dial-in:(800) 715-9871Conference ID: 5908687  Webcast:https:/

    $ALAB
    Semiconductors
    Technology
  • Astera Labs Announces Conference Call to Review Third Quarter 2024 Financial Results

    Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will release its financial results for the third quarter 2024 after the close of market on Monday, Nov. 4, 2024. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date:     Nov. 4, 2024 Time:     1:30 pm PT / 4:30 pm ET Hosts:     Jitendra Mohan, Chief Executive Officer     Sanjay Gajendra, President and Chief Operating Officer     Mike Tate, Chief Financial Officer Dial-in:     (800) 715-9871     Conference

    $ALAB
    Semiconductors
    Technology
  • Astera Labs Announces Conference Call to Review Second Quarter 2024 Financial Results

    Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will release its financial results for the second quarter 2024 after the close of market on Tuesday, Aug. 6, 2024. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date: Aug. 6, 2024 Time: 1:30 pm PT / 4:30 pm ET Hosts: Jitendra Mohan, Chief Executive Officer   Sanjay Gajendra, President and Chief Operating Officer   Mike Tate, Chief Financial Officer Dial-in: (800) 715-

    $ALAB
    Semiconductors
    Technology

$ALAB
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more