Florida Financial Advisors LLC Has $593,000 Position in AST SpaceMobile, Inc. $ASTS

Florida Financial Advisors LLC cut its position in AST SpaceMobile, Inc. (NASDAQ:ASTS) by 41.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 12,081 shares of the company’s stock after selling 8,468 shares during the quarter. Florida Financial Advisors LLC’s holdings in AST SpaceMobile were worth $593,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Oppenheimer & Co. Inc. raised its position in AST SpaceMobile by 48.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 532,960 shares of the company’s stock valued at $26,158,000 after buying an additional 172,759 shares during the last quarter. State Board of Administration of Florida Retirement System grew its stake in shares of AST SpaceMobile by 342.2% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 132,087 shares of the company’s stock worth $6,172,000 after acquiring an additional 102,217 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of AST SpaceMobile during the 2nd quarter worth approximately $21,754,000. Yarbrough Capital LLC raised its holdings in shares of AST SpaceMobile by 28.0% in the third quarter. Yarbrough Capital LLC now owns 99,372 shares of the company’s stock valued at $4,877,000 after purchasing an additional 21,739 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its position in shares of AST SpaceMobile by 14.0% in the second quarter. State of New Jersey Common Pension Fund D now owns 77,159 shares of the company’s stock worth $3,606,000 after purchasing an additional 9,448 shares in the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on ASTS. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, December 29th. B. Riley Financial restated a “neutral” rating on shares of AST SpaceMobile in a research note on Friday. Zacks Research downgraded AST SpaceMobile from a “hold” rating to a “strong sell” rating in a research report on Friday, January 9th. B. Riley Securities dropped their target price on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of AST SpaceMobile in a research note on Tuesday, January 20th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, AST SpaceMobile currently has a consensus rating of “Reduce” and an average price target of $51.83.

AST SpaceMobile Stock Up 0.4%

Shares of ASTS stock opened at $82.51 on Friday. AST SpaceMobile, Inc. has a 52-week low of $18.22 and a 52-week high of $129.89. The stock has a market cap of $30.28 billion, a price-to-earnings ratio of -66.54 and a beta of 2.70. The firm’s 50-day moving average is $91.56 and its 200-day moving average is $70.25. The company has a debt-to-equity ratio of 0.43, a quick ratio of 9.48 and a current ratio of 9.56.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: BlueBird 6 successfully unfolded in orbit, validating AST’s large aperture Block‑2 design, increasing confidence that its satellites can deliver 4G/5G to regular smartphones and unlocking commercial agreements and material revenue commitments. This materially reduces the company’s primary technical risk and supports the long‑term growth thesis. BlueBird 6 Unfolds
• Neutral Sentiment: AST priced repurchases of roughly $300M of convertible senior notes — a balance‑sheet cleanup that reduces some legacy liability but is being executed alongside new financing, so the net capital impact is mixed. Repurchases Priced
• Neutral Sentiment: Published short‑interest data in February shows zeros/NaN and a 0.0 days ratio — this appears to be a reporting anomaly and is not currently meaningful for near‑term positioning.
• Negative Sentiment: AST launched a $1.0B convertible note offering (due 2036) to fund its rollout; markets viewed the raise and the potential dilution/debt load negatively, triggering selling pressure. MarketWatch on $1B Raise
• Negative Sentiment: Pomerantz LLP announced an investor investigation into AST, which raises legal/monitoring risk and can weigh on sentiment. Pomerantz Investigation
• Negative Sentiment: Retail chatter and premarket selling intensified after the funding announcement; insiders have sold shares recently, which markets often interpret as a near‑term negative signal. MSN Retail Chatter Yahoo Insiders Selling
• Negative Sentiment: B. Riley cut its price target from $105 to $95 and moved to Neutral, which reduces upside perceived by some analysts. B. Riley Price Target Change

Insider Transactions at AST SpaceMobile

In other AST SpaceMobile news, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the completion of the sale, the insider owned 211,379 shares of the company’s stock, valued at $14,743,685.25. This trade represents a 91.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Shanti B. Gupta sold 10,000 shares of AST SpaceMobile stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $77.34, for a total transaction of $773,400.00. Following the transaction, the chief operating officer directly owned 382,375 shares of the company’s stock, valued at approximately $29,572,882.50. This trade represents a 2.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have purchased 2,765 shares of company stock valued at $187,236 and have sold 2,354,621 shares valued at $164,348,075. 30.90% of the stock is currently owned by corporate insiders.

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.