Werlinich Asset Management LLC Takes Position in AST SpaceMobile, Inc. $ASTS

Werlinich Asset Management LLC bought a new stake in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,850 shares of the company’s stock, valued at approximately $786,000.

Several other hedge funds also recently bought and sold shares of ASTS. Grove Bank & Trust bought a new stake in AST SpaceMobile during the second quarter valued at about $27,000. Continuum Advisory LLC bought a new position in shares of AST SpaceMobile in the second quarter worth about $28,000. Cornerstone Planning Group LLC boosted its stake in shares of AST SpaceMobile by 16,350.0% in the first quarter. Cornerstone Planning Group LLC now owns 329 shares of the company’s stock worth $27,000 after acquiring an additional 327 shares during the period. Portus Wealth Advisors LLC purchased a new stake in shares of AST SpaceMobile during the first quarter worth about $30,000. Finally, Advocate Investing Services LLC purchased a new stake in shares of AST SpaceMobile during the first quarter worth about $31,000. Institutional investors own 60.95% of the company’s stock.

Insider Transactions at AST SpaceMobile

In other news, CFO Andrew Johnson sold 45,809 shares of AST SpaceMobile stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $93.81, for a total transaction of $4,297,342.29. Following the completion of the sale, the chief financial officer owned 503,619 shares of the company’s stock, valued at approximately $47,244,498.39. The trade was a 8.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Adriana Cisneros purchased 10,822 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was purchased at an average price of $57.22 per share, with a total value of $619,234.84. Following the acquisition, the director directly owned 797,023 shares of the company’s stock, valued at $45,605,656.06. This trade represents a 1.38% increase in their position. The SEC filing for this purchase provides additional information. 20.89% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. William Blair reissued a “market perform” rating on shares of AST SpaceMobile in a report on Friday, May 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a report on Wednesday, June 24th. Berenberg Bank assumed coverage on shares of AST SpaceMobile in a report on Wednesday. They issued a “buy” rating and a $92.00 target price on the stock. Piper Sandler dropped their target price on shares of AST SpaceMobile from $100.00 to $98.00 and set an “overweight” rating for the company in a research report on Tuesday, August 11th. Finally, B. Riley Financial raised shares of AST SpaceMobile from a “neutral” rating to a “buy” rating and set a $85.00 target price for the company in a research note on Friday, July 17th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, AST SpaceMobile presently has an average rating of “Hold” and a consensus price target of $86.58.

AST SpaceMobile News Roundup

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

• Positive Sentiment: Berenberg initiated coverage of AST SpaceMobile (ASTS) with a Buy rating and a $92 price target, implying substantial upside from recent levels. The firm’s broader space-sector coverage reflects growing institutional interest in satellite communications and orbital infrastructure. Berenberg initiates coverage of AST SpaceMobile
• Positive Sentiment: Director Adriana Cisneros purchased 10,822 ASTS shares for approximately $619,235 at an average price of $57.22, increasing her holdings to 797,023 shares. The open-market purchase may reassure investors about insider confidence in the company’s long-term prospects. AST SpaceMobile insider purchase
• Positive Sentiment: Regulatory progress remains a potential catalyst: the FCC authorized testing of 800 MHz connectivity, while Japan’s Radio Regulatory Council endorsed a 700 MHz framework for Rakuten and AST SpaceMobile’s network. Carrier partnerships and the planned US Mobile service launch could support future commercialization. FCC progress and BlueBird satellite outlook
• Neutral Sentiment: Seeking Alpha maintained a bullish view, arguing that the recent selloff has gone too far and that AST SpaceMobile could target approximately $1 billion in first-year commercial revenue. However, that outlook depends on deploying 45 BlueBird satellites and meeting ambitious 2027 operating targets. AST SpaceMobile selloff analysis
• Negative Sentiment: AST SpaceMobile moved its target for 45 satellites from late 2026 to early 2027. The delay raises concerns about manufacturing execution, launch timing and the company’s ability to begin commercial revenue on schedule. AST SpaceMobile commercial launch delay
• Negative Sentiment: The company’s latest quarterly results missed expectations: an adjusted loss of $0.77 per share versus an expected loss of $0.32, and revenue of $31.52 million versus $34.53 million expected. Heavy cash burn, possible dilution and prior insider-selling concerns continue to pressure the valuation. AST SpaceMobile financial concerns
• Negative Sentiment: Kessler Topaz Meltzer & Check is investigating potential federal securities-law violations involving ASTS. The announcement does not establish wrongdoing, but it adds headline and litigation risk after the stock’s steep decline since May. AST SpaceMobile investigation alert

AST SpaceMobile Price Performance

Shares of ASTS stock opened at $62.13 on Friday. The firm has a market capitalization of $24.18 billion, a P/E ratio of -29.03 and a beta of 2.74. AST SpaceMobile, Inc. has a 52-week low of $36.08 and a 52-week high of $133.86. The company has a debt-to-equity ratio of 1.24, a quick ratio of 12.90 and a current ratio of 13.05. The stock has a 50 day moving average price of $67.19 and a 200 day moving average price of $80.67.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.77) EPS for the quarter, missing the consensus estimate of ($0.32) by ($0.45). AST SpaceMobile had a negative return on equity of 22.88% and a negative net margin of 536.66%.The company had revenue of $31.52 million during the quarter, compared to analysts’ expectations of $34.53 million. During the same period in the prior year, the business earned ($0.41) EPS. As a group, sell-side analysts predict that AST SpaceMobile, Inc. will post -1.95 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.