[SCHEDULE 13G/A] Astera Labs, Inc. SEC Filing

Rhea-AI Filing Summary

AllianceBernstein L.P. reports beneficial ownership of 6,391,580 shares of Astera Labs Inc common stock, representing 3.9% of the outstanding class. The filing states these shares are held for client discretionary investment advisory accounts and were acquired solely for investment purposes.

The submission provides a voting and dispositive-power breakdown: sole voting power for 6,157,426 shares, sole dispositive power for 6,390,751 shares and shared dispositive power for 829 shares. AllianceBernstein identifies as organized in Delaware and notes it is majority owned by Equitable Holdings, Inc. but operates under independent management; the filer certifies the holdings are in the ordinary course of business and not intended to influence control.

Positive

• Transparent disclosure of total beneficial ownership: 6,391,580 shares (3.9%)
• Detailed voting/dispositive breakdown showing 6,157,426 sole voting power and 6,390,751 sole dispositive power
• Holdings held for client discretionary accounts, indicating ordinary-course investment activity

Negative

• Stake is below 5%, so the position is unlikely to be material to control or governance
• No indication of activist intent or plans—the filing states holdings are not for changing control

Insights

Securities Analyst

TL;DR: Institutional disclosure shows a modest, sub-5% passive stake with clear voting and dispositive allocations.

AllianceBernstein's reported 6.39M-share position (3.9% of the class) is material enough to warrant disclosure but remains below thresholds that typically signal control or activist intent. The detailed split between sole voting power (6.16M) and sole dispositive power (6.39M) indicates consolidated internal voting authority for most holdings. The filer explicitly states the holdings are for client discretionary accounts and acquired in the ordinary course of business, which is consistent with passive institutional ownership rather than a strategic control stake.

Corporate Governance Expert

TL;DR: Ownership disclosure is transparent but does not indicate governance influence given the sub-5% stake.

The filing's certification that the securities were not acquired to change or influence control, combined with the 3.9% ownership level, suggests limited governance impact from AllianceBernstein. The nearly complete sole voting power for reported shares simplifies voting coordination across the assets managed by the adviser, yet the size of the stake is unlikely to shift board dynamics or trigger control contests. The note on independent management relative to the parent company clarifies reporting boundaries for beneficial ownership calculations.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Astera Labs Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

04626A103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 04626A103

1

Names of Reporting Persons

AllianceBernstein L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 6,157,426.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 6,390,751.00
8	Shared Dispositive Power 829.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,391,580.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.9 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Astera Labs Inc
(b)	Address of issuer's principal executive offices: 2901 TASMAN DR. SUITE 205, SANTA CLARA, CA 95054
Item 2.
(a)	Name of person filing: AllianceBernstein L.P. ("AllianceBernstein L.P.")
(b)	Address or principal business office or, if none, residence: 501 Commerce Street, Nashville, TN 37203 All media outlets, please contact Jennifer Will at AllianceBernstein (212-969-1157) with any questions. All other questions can be directed to Section13USFilings@alliancebernstein.com.
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 04626A103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 6,391,580 shares acquired solely for investment purposes on behalf of client discretionary investment advisory accounts.* *AllianceBernstein L.P. is a majority owned subsidiary of Equitable Holdings, Inc. ("EQH"). AllianceBernstein operates under independent management and makes independent decisions from EQH and its respective subsidiaries, and EQH calculates and reports beneficial ownership separately from AllianceBernstein pursuant to guidance provided by the Securities and Exchange Commission in Release Number 34-39538 (January 12, 1998).
(b)	Percent of class: 3.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 6,157,426
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 6,390,751
	(iv) Shared power to dispose or to direct the disposition of: 829
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

AllianceBernstein L.P.

Signature:	Melissa Guerra
Name/Title:	VP/Director of Compliance
Date:	08/13/2025

FAQ

How many Astera Labs (ALAB) shares does AllianceBernstein report owning?

The filing reports 6,391,580 shares beneficially owned, representing 3.9% of the class.

What voting power does AllianceBernstein have over ALAB shares?

AllianceBernstein reports sole voting power for 6,157,426 shares and shared voting power of 0 shares.

Are AllianceBernstein's ALAB holdings held for investment or control purposes?

The filing states the shares were acquired and are held solely for investment purposes on behalf of client discretionary accounts and not to influence control.

Does AllianceBernstein report any shared dispositive power for ALAB shares?

Yes; the filing shows shared dispositive power for 829 shares, with 6,390,751 shares under sole dispositive power.

How does AllianceBernstein describe its relationship to its parent company regarding this filing?

The filer states it is a majority-owned subsidiary of Equitable Holdings, Inc. but operates under independent management and reports beneficial ownership separately.