Foguth Wealth Management LLC. Invests $594,000 in AST SpaceMobile, Inc. $ASTS

Foguth Wealth Management LLC. purchased a new position in AST SpaceMobile, Inc. (NASDAQ:ASTS) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 8,176 shares of the company’s stock, valued at approximately $594,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased 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 worth $977,668,000 after purchasing an additional 2,351,539 shares during the last quarter. Clear Street Group Inc. acquired a new position in shares of AST SpaceMobile in the 3rd quarter valued at approximately $90,129,000. Northern Trust Corp boosted its stake in shares of AST SpaceMobile by 18.1% during the 3rd quarter. Northern Trust Corp now owns 1,104,013 shares of the company’s stock valued at $54,185,000 after buying an additional 168,832 shares during the last quarter. Gotham Asset Management LLC boosted its stake in shares of AST SpaceMobile by 37.8% during the 3rd quarter. Gotham Asset Management LLC now owns 843,738 shares of the company’s stock valued at $41,411,000 after buying an additional 231,549 shares during the last quarter. Finally, Van ECK Associates Corp grew its position in shares of AST SpaceMobile by 125.1% during the third quarter. Van ECK Associates Corp now owns 782,041 shares of the company’s stock worth $38,382,000 after buying an additional 434,615 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

AST SpaceMobile Stock Performance

ASTS stock opened at $94.04 on Friday. The company has a current ratio of 16.35, a quick ratio of 16.27 and a debt-to-equity ratio of 0.92. The firm has a market cap of $34.51 billion, a P/E ratio of -71.24 and a beta of 2.77. AST SpaceMobile, Inc. has a 12-month low of $18.22 and a 12-month high of $129.89. The stock’s 50 day simple moving average is $96.44 and its 200 day simple moving average is $76.57.

AST SpaceMobile (NASDAQ:ASTS) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) 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 business had revenue of $54.31 million during the quarter, compared to analyst estimates of $39.53 million. The firm’s revenue was up 2731.3% compared to the same quarter last year. As a group, equities research analysts predict that AST SpaceMobile, Inc. will post -0.4 EPS for the current year.

AST SpaceMobile News Summary

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

• Positive Sentiment: Seeking Alpha upgraded ASTS to a Buy and called 2026 a potentially “game‑changing year” if planned satellite launches succeed; the note highlights a $1.2B contracted backlog that could materially grow revenue if execution continues. This Is A Game Changing Year (Rating Upgrade)
• Positive Sentiment: The company reported a large revenue beat (quarterly revenue of $54.3M vs. consensus ~$39.5M) and very strong year‑over‑year growth, supporting the view that ASTS is scaling commercial activity. AST SpaceMobile Reports Big Revenue Beat
• Neutral Sentiment: Reported short‑interest data in the feeds shows inconsistent/zero values (0 shares / NaN changes), creating uncertainty but no clear signal of heavy short pressure or imminent short‑covering.
• Neutral Sentiment: Large institutional ownership remains significant (~61% held by institutions), which can amplify moves but also means flows may be driven by portfolio managers rotating exposure across the sector.
• Negative Sentiment: Comparative coverage from Yahoo Finance and Zacks frames Viasat (VSAT) as the stronger satellite‑communications pick on valuation and growth stability, encouraging some investors to rotate to the cheaper/more‑mature peer. ASTS vs. VSAT
• Negative Sentiment: Company President Scott Wisniewski sold 47,000 shares (~$4.45M at the reported price), reducing his stake by ~6.6%; such high‑profile insider selling often spooks short‑term holders even if the sale is routine. SEC filing: Insider Sale SEC Filing
• Negative Sentiment: Analyst coverage is mixed-to-cautious: some firms cut targets or lowered ratings while a few maintained buys; MarketBeat lists an average target (~$63.77) well below recent trading levels, which can cap upside if revisions continue.

Insider Activity

In other AST SpaceMobile news, Director Keith R. Larson purchased 625 shares of the firm’s stock in a transaction dated Wednesday, December 24th. The stock was acquired at an average cost of $80.00 per share, with a total value of $50,000.00. Following the acquisition, the director owned 2,015 shares of the company’s stock, valued at approximately $161,200. This represents a 44.96% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 30.90% of the company’s stock.

Analyst Upgrades and Downgrades

ASTS has been the subject of a number of research analyst reports. Scotiabank lowered shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price target for the company. in a research note on Wednesday, January 7th. Zacks Research upgraded shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. UBS Group raised their price objective on shares of AST SpaceMobile from $43.00 to $85.00 and gave the stock a “neutral” rating in a report on Wednesday, March 4th. B. Riley Financial dropped their target price on shares of AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of AST SpaceMobile in a research note on Tuesday, January 20th. Two analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, AST SpaceMobile currently has a consensus rating of “Reduce” and a consensus target price of $63.77.

About AST SpaceMobile

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.