General Counsel at Astera Labs sold 14,076 shares ($3.3M) across 18 transactions on 2026-05-18 at blended avg $231.78 vs current $287.48
Philip Mazzara, General Counsel and Secretary of Astera Labs, executed 18 separate sales totaling 14,076 shares for $3,262,539.72 on a single date (2026-05-18), reducing his holdings by 11.9% from 118,215 to 104,139 shares at an average price of $231.78. The current stock price of $287.48 is now +9.4% above the 52-week high, and the stock has surged +63.5% in 30 days and +116.8% in 90 days since these sales. His prior 5 trades at ALAB (all sells on 2026-04-01) showed 30-day returns ranging from +83.7% to +90.6% and 90-day returns from +121.4% to +129.7%, with 0 of 5 classified as well-timed at the 90-day mark—a notable pattern of selling into sustained appreciation. The scale of this single-day liquidation (18 tranches, $3.3M, spanning prices from $235.36 down to $221.01) suggests a systematic execution rather than opportunistic trading, and the consistent underperformance of his prior timing at this ticker contrasts sharply with the company's fundamentals: revenue growth of +115.1% year-over-year and net income of $80,310,000.00 on quarterly revenue of $308,361,000.00.