Astera Labs, Inc.'s CEO Mohan Jitendra reported the sale of a total of 423,786 shares of common stock on November 6, 2024, through several trusts at an average price of $91.9363 per share. These transactions were executed automatically pursuant to a Rule 10b5-1 trading plan. Executive stock sales are often seen as a potential sign that the company's stock price might be overvalued and should be closely monitored.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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