Ethic Inc. increased its position in AST SpaceMobile, Inc. (NASDAQ:ASTS – Free Report) by 108.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 15,525 shares of the company’s stock after buying an additional 8,081 shares during the quarter. Ethic Inc.’s holdings in AST SpaceMobile were worth $1,128,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of ASTS. Investmark Advisory Group LLC increased its stake in AST SpaceMobile by 2.7% during the 4th quarter. Investmark Advisory Group LLC now owns 4,645 shares of the company’s stock valued at $337,000 after purchasing an additional 120 shares in the last quarter. ORG Partners LLC lifted its stake in shares of AST SpaceMobile by 4.2% in the fourth quarter. ORG Partners LLC now owns 3,283 shares of the company’s stock valued at $238,000 after buying an additional 133 shares in the last quarter. Atlantic Union Bankshares Corp lifted its stake in shares of AST SpaceMobile by 30.0% in the third quarter. Atlantic Union Bankshares Corp now owns 781 shares of the company’s stock valued at $38,000 after buying an additional 180 shares in the last quarter. Sunbelt Securities Inc. grew its holdings in shares of AST SpaceMobile by 22.9% during the third quarter. Sunbelt Securities Inc. now owns 1,003 shares of the company’s stock valued at $49,000 after buying an additional 187 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of AST SpaceMobile by 3.9% during the third quarter. Ameriprise Financial Inc. now owns 6,586 shares of the company’s stock valued at $323,000 after buying an additional 245 shares during the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on ASTS shares. Wall Street Zen lowered shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a report on Wednesday, April 15th. New Street Research started coverage on AST SpaceMobile in a research note on Wednesday. They set a “neutral” rating and a $80.00 price target for the company. Roth Mkm reissued a “buy” rating and set a $108.00 price objective on shares of AST SpaceMobile in a report on Tuesday. Zacks Research raised AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Finally, B. Riley Financial raised their target price on AST SpaceMobile from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Tuesday. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $79.45.
AST SpaceMobile Stock Performance
NASDAQ ASTS opened at $74.81 on Thursday. The company has a fifty day moving average price of $85.27 and a 200-day moving average price of $82.89. The firm has a market cap of $28.58 billion, a price-to-earnings ratio of -42.03 and a beta of 2.60. The company has a debt-to-equity ratio of 1.11, a current ratio of 18.47 and a quick ratio of 16.27. AST SpaceMobile, Inc. has a 1 year low of $22.47 and a 1 year high of $129.89.
AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last released its quarterly earnings results on Monday, May 11th. The company reported ($0.66) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.43). AST SpaceMobile had a negative net margin of 573.67% and a negative return on equity of 24.87%. The firm had revenue of $14.74 million for the quarter, compared to the consensus estimate of $39.01 million. During the same period in the previous year, the business earned ($0.20) earnings per share. The firm’s revenue for the quarter was up 1952.2% on a year-over-year basis. As a group, equities research analysts predict that AST SpaceMobile, Inc. will post -0.99 EPS for the current fiscal year.
Trending Headlines about AST SpaceMobile
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: Several pieces highlighted bullish catalysts, including AST SpaceMobile’s reaffirmed 2026 revenue outlook of $150 million to $200 million, continued progress on FCC approvals and satellite deployment, and more than $1.2 billion in contracted business. Investors appear to be focusing on the company’s expanding commercial momentum rather than the near-term loss. Article: Why AST SpaceMobile (ASTS) Is Up 20.6% After Reaffirming 2026 Outlook Despite Wider Q1 Loss
- Positive Sentiment: New Street Research launched a new Space Economy and Infrastructure coverage group and included AST SpaceMobile in its initial list, which can boost visibility among investors and analysts focused on the satellite/connectivity sector. Article: New Street Research Launches Space Economy and Infrastructure Coverage
- Positive Sentiment: Commentary about ASTS as a potential short-squeeze candidate and as a long-term “5x” story suggests traders remain interested in the stock’s high-volatility upside potential. Article: Short Squeeze Candidates: AST SpaceMobile, Wolfspeed
- Neutral Sentiment: Market coverage and earnings-call summaries continued to emphasize strong commercial progress, but also noted that AST SpaceMobile still needs more satellites in orbit before profitability becomes visible. Article: AST SpaceMobile Inc (ASTS) Q1 2026 Earnings Call Highlights
- Negative Sentiment: The main headwind remains the Q1 earnings miss: AST SpaceMobile reported a larger-than-expected loss and weaker-than-expected revenue, triggering a steep selloff as investors reacted to higher operating costs and launch-related expenses. Article: AST SpaceMobile shares fall after Q1 earnings miss on revenue, wider loss
- Negative Sentiment: Additional commentary noted a surge in capex expectations and a “double miss,” reinforcing concerns that the business may need significant investment before it can scale profitably. Article: AST SpaceMobile Plummets on Galactic Q1 Miss
Insider Activity
In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of AST SpaceMobile stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $88.88, for a total transaction of $3,555,200.00. Following the transaction, the chief technology officer owned 4,750 shares of the company’s stock, valued at $422,180. This trade represents a 89.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Hiroshi Mikitani sold 1,350,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $86.22, for a total value of $116,397,000.00. Following the completion of the transaction, the insider owned 27,980,155 shares in the company, valued at $2,412,448,964.10. The trade was a 4.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 3,080,000 shares of company stock valued at $274,452,000. Company insiders own 20.89% of the company’s stock.
AST SpaceMobile Company 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.
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