Russell Investments Group Ltd. Sells 7,929 Shares of Astera Labs, Inc. $ALAB
Russell Investments Group Ltd. has reduced its stake in Astera Labs, Inc. (NASDAQ:ALAB) by 69.3%, selling 7,929 shares during the 1st quarter, leaving it with 3,507 shares valued at $209,000. Other institutional investors have also adjusted their positions, with notable increases from Sound Income Strategies LLC and GAMMA Investing LLC. In related news, COO Sanjay Gajendra and CFO Michael Truett Tate sold significant shares of the company. Astera Labs reported strong earnings, exceeding analyst expectations, and has set guidance for Q3 2025.
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