RBC Reduces Stake in Astera Labs by 21.6% Amid Stock Pullback
Royal Bank of Canada has reduced its stake in Astera Labs by 21.6% in the first quarter, according to the company's most recent 13F filing with the Securities and Exchange Commission.
The institutional investor owned approximately 132,292 shares of Astera Labs' stock after selling 36,506 shares during the period.
Astera Labs' post-earnings pullback may be the last chance to buy below $360, according to some analysts.