Why These 15 Semiconductor Stocks Have Been Plunging So Far in 2025

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3. Astera Labs Inc (NASDAQ:ALAB)

Number of Hedge Fund Holders In Q4 2024: 51

Astera Labs Inc (NASDAQ:ALAB) makes semiconductor-based connectivity products.

The stock is down significantly so far in 2025 as CFO Michael Tate sold 125,800 shares at an average price of $82.53. It totaled $10.38 million and spooked investors.

This is on top of an earlier Morgan Stanley report that downgraded Astera Labs from Overweight to Equal Weight. Analysts flagged Astera Labs as being overvalued relative to its fundamentals after significant gains in late 2024 and early 2025. Heavy selling pressure has persisted since then.

The consensus price target of $115.33 implies 70.41% upside.

ALAB stock is down 48.95% year-to-date.

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