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Michael Truett Tate net worth and biography
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Michael Tate Biography and Net Worth

CFO of Astera Labs
Mike is the Chief Financial Officer for Astera Labs. A semiconductor industry veteran, Mike has served as CFO of several companies like Annapurna Labs, Netlogic MicroSystems, Marvell Technology and Galileo Technology and has led numerous mergers, acquisitions, and IPO during his tenure. Most recently, Mike was the CFO at Annapurna Labs, a semiconductor company that had a successful liquidity event in 2015. Prior to that Mike served as the Vice President of Finance and CFO of NetLogic MicroSystems, Inc, a publicly traded semiconductor company, that saw over 400% revenue growth during Mike’s tenure, five successful acquisitions, and the sale of NetLogic to Broadcom Corporation for $3.7 billion. Prior to joining NetLogic, Mike was the Vice President and Interim CFO of Marvell Technology Ltd ,and CFO of Galileo Technology. Mike graduated from California Polytechnic State University, San Luis Obispo with honors. He also is a Founder Circle’s member of the Cal Poly Center for Innovation & Entrepreneurship.

What is Michael Truett Tate's net worth?

The estimated net worth of Michael Truett Tate is at least $171.74 million as of October 9th, 2024. Mr. Tate owns 1,762,888 shares of Astera Labs stock worth more than $171,740,549 as of November 20th. This net worth approximation does not reflect any other assets that Mr. Tate may own. Learn More about Michael Truett Tate's net worth.

How old is Michael Truett Tate?

Mr. Tate is currently 58 years old. There are 3 older executives and no younger executives at Astera Labs. Learn More on Michael Truett Tate's age.

How do I contact Michael Truett Tate?

The corporate mailing address for Mr. Tate and other Astera Labs executives is 2901 Tasman Drive, Suite 205, Santa Clara, CA 95054, United States. Astera Labs can also be reached via phone at 408-242-7319 and via email at [email protected]. Learn More on Michael Truett Tate's contact information.

Has Michael Truett Tate been buying or selling shares of Astera Labs?

In the last ninety days, Michael Truett Tate has sold $6,203,000.00 of Astera Labs stock. Most recently, Michael Truett Tate sold 100,000 shares of the business's stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $62.03, for a transaction totalling $6,203,000.00. Following the completion of the sale, the chief financial officer now directly owns 1,762,888 shares of the company's stock, valued at $109,351,942.64. Learn More on Michael Truett Tate's trading history.

Who are Astera Labs' active insiders?

Astera Labs' insider roster includes Manuel Alba (Director), Sanjay Gajendra (President and Chief Operating Officer, CO-FOUNDER), Jack Lazar (Director), Philip Mazzara (General Counsel & Secretary), Jitendra Mohan (CEO, CO-FOUNDER), and Michael Tate (CFO). Learn More on Astera Labs' active insiders.

Are insiders buying or selling shares of Astera Labs?

In the last twelve months, Astera Labs insiders bought shares 1 times. They purchased a total of 10,000 shares worth more than $360,000.00. In the last twelve months, insiders at the sold shares 18 times. They sold a total of 1,606,021 shares worth more than $131,002,802.59. The most recent insider tranaction occured on November, 18th when Director Stefan A Dyckerhoff sold 197,297 shares worth more than $17,857,351.47. Learn More about insider trades at Astera Labs.

Information on this page was last updated on 11/18/2024.

Michael Truett Tate Insider Trading History at Astera Labs

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/18/2024Sell7,398$90.81$671,812.38286,424View SEC Filing Icon  
10/9/2024Sell100,000$62.03$6,203,000.001,762,888View SEC Filing Icon  
8/29/2024Sell50,000$47.98$2,399,000.00829,108View SEC Filing Icon  
See Full Table

Michael Truett Tate Buying and Selling Activity at Astera Labs

This chart shows Michael Truett Tate's buying and selling at Astera Labs by year and by quarter.

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Astera Labs Company Overview

Astera Labs logo
Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform is comprised of a portfolio of data, network, and memory connectivity products, which are built on a unifying software-defined architecture that enables customers to deploy and operate high performance cloud and AI infrastructure at scale. The company was incorporated in 2017 and is based in Santa Clara, California.
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Today's Range

Now: $97.42
Low: $92.17
High: $98.77

50 Day Range

MA: $67.17
Low: $41.36
High: $99.30

2 Week Range

Now: $97.42
Low: $36.22
High: $100.09

Volume

5,780,433 shs

Average Volume

3,100,462 shs

Market Capitalization

$15.45 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A
“Fed Proof” Your Bank Account with THESE 4 Simple Steps
From Weiss Ratings   |   Ad
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Learn these 4 simple steps and protect your savings before it’s too late.