AST SpaceMobile (NASDAQ:ASTS) President Sells $3,280,482.56 in Stock

AST SpaceMobile, Inc. (NASDAQ:ASTS) President Scott Wisniewski sold 25,904 shares of AST SpaceMobile stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $126.64, for a total value of $3,280,482.56. Following the transaction, the president directly owned 745,973 shares of the company’s stock, valued at approximately $94,470,020.72. This represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

AST SpaceMobile Price Performance

ASTS stock traded up $9.90 during midday trading on Wednesday, hitting $129.60. 36,192,251 shares of the stock were exchanged, compared to its average volume of 22,112,492. The stock’s 50-day moving average price is $86.86 and its 200-day moving average price is $84.60. The stock has a market cap of $50.30 billion, a price-to-earnings ratio of -72.81 and a beta of 2.60. AST SpaceMobile, Inc. has a fifty-two week low of $22.47 and a fifty-two week high of $131.20. The company has a debt-to-equity ratio of 1.11, a quick ratio of 18.37 and a current ratio of 18.47.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly earnings data on Monday, May 11th. The company reported ($0.66) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by ($0.43). The firm had revenue of $14.74 million for the quarter, compared to analyst estimates of $39.01 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The business’s revenue for the quarter was up 1952.2% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.20) earnings per share. Research analysts predict that AST SpaceMobile, Inc. will post -1.47 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on ASTS. Wall Street Zen cut AST SpaceMobile from a “sell” rating to a “strong sell” rating in a report on Wednesday, April 15th. Roth Mkm reaffirmed a “buy” rating and set a $108.00 price objective on shares of AST SpaceMobile in a report on Tuesday, May 12th. Zacks Research raised AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Barclays raised their price target on AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a research report on Thursday, April 9th. Finally, B. Riley Financial raised their price target on AST SpaceMobile from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 12th. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $79.45.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: ASTS is drawing strong sector-wide buying as the upcoming SpaceX IPO is prompting investors to re-rate space infrastructure names higher. ASTS adds $10B in market cap on bold industry developments
• Positive Sentiment: The company’s June launch plan keeps its 2026 satellite deployment goal in focus, which supports the bullish case that ASTS is moving closer to commercial execution. AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
• Positive Sentiment: Coverage continues to highlight ASTS’s direct-to-smartphone satellite technology, FCC progress, and telecom partnerships as long-term growth drivers. Zacks Investment Ideas feature highlights: AST SpaceMobile
• Positive Sentiment: Investors are also focused on ASTS’s Vodafone joint venture and Europe’s push for satellite independence, which could expand demand for the company’s network. ASTS Stock Jumps Overnight: Europe’s Push Against Starlink Shines Spotlight On AST SpaceMobile’s Vodafone JV
• Neutral Sentiment: Social-media chatter and broader space-stock enthusiasm are adding momentum, but these headlines are more sentiment-driven than fundamental. Social Buzz: Wallstreetbets Stocks Mostly Advancing Pre-Bell Wednesday; Intuitive Machines, Rocket Lab to Open Higher
• Negative Sentiment: Some analysts are flagging valuation risk, debt from the recent convertible note issuance, and dilution concerns, which could limit upside if execution slows. The SpaceX IPO Frenzy Is Creating 2 Very Different Bets (ASTS)

Hedge Funds Weigh In On AST SpaceMobile

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in AST SpaceMobile by 7.9% during the fourth quarter. Vanguard Group Inc. now owns 21,488,180 shares of the company’s stock worth $1,560,687,000 after buying an additional 1,568,292 shares in the last quarter. Vodafone Ventures Ltd purchased a new position in AST SpaceMobile during the fourth quarter worth $397,413,000. Morgan Stanley increased its position in AST SpaceMobile by 44.0% during the fourth quarter. Morgan Stanley now owns 4,661,551 shares of the company’s stock worth $338,569,000 after buying an additional 1,425,199 shares in the last quarter. Geode Capital Management LLC increased its position in AST SpaceMobile by 9.8% during the fourth quarter. Geode Capital Management LLC now owns 4,522,549 shares of the company’s stock worth $328,749,000 after buying an additional 402,505 shares in the last quarter. Finally, State Street Corp increased its position in AST SpaceMobile by 9.7% during the fourth quarter. State Street Corp now owns 3,951,685 shares of the company’s stock worth $287,011,000 after buying an additional 350,690 shares in the last quarter. Hedge funds and other institutional investors own 60.95% 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.