NASDAQ AI Semiconductor Stocks: Executives Including CEO Sell Large Stakes Post-IPO

From March 5 through April 1, the CEO and senior executives of Nasdaq-listed AI data-center semiconductor firm Astera Labs, Inc. (NASDAQ: ALAB) sequentially sold several hundred thousand shares under pre-established Rule 10b5-1 trading plans.

On March 17, CEO Mohan Jitendra disposed of approximately 137,500 shares via a trust, realizing about $18.2 million (roughly KRW 25 billion). Filings show he still holds millions of shares across trust and personal accounts.

Earlier, director Jack R. Lazar sold around 8,500 shares on March 5 for about $1.02 million (approximately KRW 140 million). On April 1, executive Manuel Alba—through his own and related entities’ accounts—offloaded nearly 180,000 shares, netting about $19.5 million (around KRW 26 billion). All three insiders continue to retain substantial equity stakes.

On April 2 (U.S. time), Astera Labs announced it will release first-quarter 2026 results after market close on May 5. The company also reported that fiscal-year 2025 revenue grew to approximately $852.5 million (about KRW 1.1 trillion).

Recent analyst reports highlight that 2025 sales nearly tripled year-over-year. Despite the stock’s significant correction from its highs this year, price-target upgrades have continued, underpinned by strong demand for AI data-center connectivity solutions.

Founded in Silicon Valley in 2017, Astera Labs is a fabless semiconductor design company specializing in high-speed interconnect chips for cloud and AI data centers. Since its NASDAQ debut in 2024, it has been viewed as a key beneficiary of expanding AI infrastructure investment.