Kingsview Wealth Management LLC Has $579,000 Holdings in AST SpaceMobile, Inc. $ASTS

Kingsview Wealth Management LLC grew its position in AST SpaceMobile, Inc. (NASDAQ:ASTS) by 133.0% in the third quarter, Holdings Channel reports. The fund owned 11,792 shares of the company’s stock after acquiring an additional 6,731 shares during the quarter. Kingsview Wealth Management LLC’s holdings in AST SpaceMobile were worth $579,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of ASTS. Oppenheimer & Co. Inc. grew its holdings in shares of AST SpaceMobile by 48.0% during the third quarter. Oppenheimer & Co. Inc. now owns 532,960 shares of the company’s stock worth $26,158,000 after purchasing an additional 172,759 shares during the last quarter. State Board of Administration of Florida Retirement System raised its holdings in AST SpaceMobile by 342.2% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 132,087 shares of the company’s stock valued at $6,172,000 after buying an additional 102,217 shares during the last quarter. Yarbrough Capital LLC raised its holdings in AST SpaceMobile by 28.0% in the 3rd quarter. Yarbrough Capital LLC now owns 99,372 shares of the company’s stock valued at $4,877,000 after buying an additional 21,739 shares during the last quarter. Mutual Advisors LLC acquired a new stake in AST SpaceMobile during the 3rd quarter worth approximately $1,882,000. Finally, PAX Financial Group LLC acquired a new stake in AST SpaceMobile during the 2nd quarter worth approximately $822,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

Key AST SpaceMobile News

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

• Positive Sentiment: TELUS commercial agreement expands ASTS’s addressable market in Canada and helped lift sentiment by validating operator demand for direct-to-cell service; this deal supports near-term revenue growth and rollout plans. TELUS Partners with AST SpaceMobile
• Positive Sentiment: Orange added AST SpaceMobile to its satellite roster and scheduled Europe D2C trials for late 2026 — another major operator endorsement that increases potential European commercial traction. Orange Adds AST SpaceMobile
• Positive Sentiment: ASTS reported meaningful 2025 revenue (~$70.9M), a growing pipeline (~$1.2B contracted backlog) and plans to launch 45–60 satellites by end‑2026 — operational proof that the business is scaling from pre‑revenue to commercial receipts. Seeking Alpha: AST SpaceMobile revenue and plans
• Positive Sentiment: Analyst coverage turned more constructive: Zacks moved ASTS from “strong sell” to “hold” and other upgrades sparked intraday rallies in recent sessions, indicating improving sell‑side sentiment can amplify momentum. Zacks upgrade Analyst upgrade article
• Neutral Sentiment: Media pieces highlight ASTS as a direct competitor to SpaceX’s Starlink (different product/market focus) — competition raises strategic questions but doesn’t remove near‑term operator contracts or revenue. ASTS vs Starlink
• Neutral Sentiment: Sector comparisons (e.g., vs. Rocket Lab) and broader market volatility (macro headlines) are contributing to mixed trading — investors are differentiating capital‑intensive launch plays. Fool comparison
• Negative Sentiment: Valuation and cash‑burn concerns remain: analysts warn ASTS’s premium multiple and high operating costs increase downside risk if cadence of deployments or operator rollouts slips. Zacks: 181% rise and risks
• Negative Sentiment: Profitability metrics are weak (negative EPS and very large negative margins reported recently), so any slowdown in operator conversions or higher launch costs could press the stock lower. Financials and risks
• Neutral Sentiment: Reported short‑interest data in feeds appears anomalous/zero — not a reliable signal this cycle; ignore until clarified by exchange filings.

Insider Buying and Selling

In other AST SpaceMobile news, Director Keith R. Larson purchased 715 shares of the firm’s stock in a transaction on Wednesday, December 17th. The stock was purchased at an average cost of $70.02 per share, for a total transaction of $50,064.30. Following the acquisition, the director owned 1,390 shares in the company, valued at approximately $97,327.80. The trade was a 105.93% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of AST SpaceMobile stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total value of $159,631,314.75. Following the completion of the transaction, the insider directly owned 211,379 shares of the company’s stock, valued at approximately $14,743,685.25. This trade represents a 91.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders bought 2,015 shares of company stock valued at $149,144 over the last quarter. Insiders own 30.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ASTS. UBS Group upped their price target on shares of AST SpaceMobile from $43.00 to $85.00 and gave the company a “neutral” rating in a research report on Wednesday. Zacks Research raised shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Scotiabank cut shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price objective on the stock. in a research note on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of AST SpaceMobile in a report on Tuesday, January 20th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $63.77.

AST SpaceMobile Stock Performance

NASDAQ:ASTS opened at $89.47 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 9.48 and a current ratio of 16.35. AST SpaceMobile, Inc. has a fifty-two week low of $18.22 and a fifty-two week high of $129.89. The company has a 50 day simple moving average of $95.06 and a two-hundred day simple moving average of $74.13. The company has a market capitalization of $32.84 billion, a PE ratio of -67.78 and a beta of 2.77.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.08). AST SpaceMobile had a negative return on equity of 23.02% and a negative net margin of 482.16%.The firm had revenue of $54.31 million during the quarter, compared to analyst estimates of $39.53 million. The business’s quarterly revenue was up 2731.3% on a year-over-year basis. Research analysts anticipate that AST SpaceMobile, Inc. will post -0.4 earnings per share 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.