Handelsbanken Fonder AB Purchases 6,200 Shares of AST SpaceMobile, Inc. $ASTS

Handelsbanken Fonder AB grew its position in AST SpaceMobile, Inc. (NASDAQ:ASTS) by 14.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,000 shares of the company’s stock after acquiring an additional 6,200 shares during the quarter. Handelsbanken Fonder AB’s holdings in AST SpaceMobile were worth $2,356,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in AST SpaceMobile by 13.4% during the 3rd quarter. Vanguard Group Inc. now owns 19,919,888 shares of the company’s stock valued at $977,668,000 after purchasing an additional 2,351,539 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of AST SpaceMobile by 28.2% during the second quarter. Bank of New York Mellon Corp now owns 761,154 shares of the company’s stock valued at $35,569,000 after buying an additional 167,416 shares during the last quarter. Quadrature Capital Ltd raised its holdings in shares of AST SpaceMobile by 170.7% in the second quarter. Quadrature Capital Ltd now owns 569,785 shares of the company’s stock worth $26,620,000 after buying an additional 359,335 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of AST SpaceMobile by 48.0% in the third quarter. Oppenheimer & Co. Inc. now owns 532,960 shares of the company’s stock worth $26,158,000 after buying an additional 172,759 shares during the period. Finally, Invesco Ltd. lifted its stake in shares of AST SpaceMobile by 610.4% during the 2nd quarter. Invesco Ltd. now owns 475,531 shares of the company’s stock worth $22,222,000 after acquiring an additional 408,595 shares during the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at AST SpaceMobile

In other AST SpaceMobile news, Director Keith R. Larson bought 715 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was bought at an average cost of $70.02 per share, for a total transaction of $50,064.30. Following the completion of the transaction, the director directly owned 1,390 shares of the company’s stock, valued at approximately $97,327.80. This trade represents a 105.93% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Maya Bernal sold 6,000 shares of the stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $73.76, for a total value of $442,560.00. Following the sale, the chief accounting officer directly owned 122,486 shares in the company, valued at $9,034,567.36. This represents a 4.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders acquired 2,015 shares of company stock valued at $149,144 and sold 2,344,621 shares valued at $163,788,075. Company insiders own 30.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on ASTS. Zacks Research downgraded AST SpaceMobile from a “hold” rating to a “strong sell” rating in a research report on Friday, January 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of AST SpaceMobile in a research note on Tuesday, January 20th. Scotiabank downgraded AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price objective on the stock. in a report on Wednesday, January 7th. Finally, B. Riley Financial lowered their target price on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, AST SpaceMobile presently has an average rating of “Reduce” and a consensus price target of $56.77.

Key AST SpaceMobile News

Here are the key news stories impacting AST SpaceMobile this week:

• Positive Sentiment: TELUS commercial agreement to bring satellite-powered text, voice and data to Canada expands ASTS’s carrier footprint and creates a new national revenue pathway. TELUS and AST SpaceMobile Partner to Bring Space-Based Cellular Broadband Connectivity to Every Corner of Canada
• Positive Sentiment: Partnerships with Orange and Vodafone (via Satellite Connect Europe) broaden ASTS’s European trial pipeline and validate D2D (direct-to-device) commercial demand. Orange partners with AST SpaceMobile, Vodafone on satellite connectivity
• Positive Sentiment: Defense contract activity (U.S. Space Development Agency / HALO) and recent BlueBird 6 launch move ASTS closer to dual commercial‑and‑government revenue streams — an important de‑risking and addressable-market expansion. AST SpaceMobile Edges Toward Core Infrastructure Role With SDA And Carrier Deals
• Positive Sentiment: Q4 revenue materially beat estimates ($54.3M vs. ~$39.5M consensus), reported very large YoY growth and the company states robust liquidity — supporting continued satellite deployments and commercial trials. AST SpaceMobile Reports Big Revenue Beat as It Continues to Scale
• Neutral Sentiment: Active intraday coverage and heavy volume helped amplify price moves; some market write‑ups highlight sector momentum (space ETFs and peers). These media-driven flows can increase volatility but don’t change fundamentals. AeroVironment (Up 10%) and AST SpaceMobile (Up 7%) Jump on Tuesday
• Negative Sentiment: Despite the top‑line beat, ASTS reported a wider Q4 loss (EPS -$0.26 vs -$0.18 est.), very negative margins and analyst cuts to 2026 estimates — risks to near‑term profitability and valuation remain. AST SpaceMobile Missed Wall Street Estimates. The Stock Is Up.

AST SpaceMobile Trading Up 6.6%

Shares of NASDAQ:ASTS opened at $92.68 on Wednesday. The company has a quick ratio of 9.48, a current ratio of 9.56 and a debt-to-equity ratio of 0.43. AST SpaceMobile, Inc. has a 52-week low of $18.22 and a 52-week high of $129.89. The stock has a market cap of $34.02 billion, a price-to-earnings ratio of -70.21 and a beta of 2.77. The business has a 50-day moving average price of $93.83 and a 200-day moving average price of $73.28.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.08). AST SpaceMobile had a negative return on equity of 28.89% and a negative net margin of 482.16%.The business had revenue of $54.31 million during the quarter, compared to analyst estimates of $39.53 million. The company’s revenue was up 2731.3% on a year-over-year basis. Equities analysts predict that AST SpaceMobile, Inc. will post -0.4 EPS for the current year.

AST SpaceMobile Profile

AST SpaceMobile is a U.S.-based aerospace company developing a space-based cellular broadband network designed to connect standard mobile phones and other devices directly to satellites. The company’s core proposition is “space-to-cell” service: operating a constellation of low-Earth-orbit (LEO) satellites equipped with large, high-power phased-array antennas to provide wide-area mobile broadband without requiring users to buy specialized terminals or handset modifications.

AST SpaceMobile designs, builds and operates satellite payloads and supporting ground infrastructure.