B. Riley Securities Cuts AST SpaceMobile (NASDAQ:ASTS) Price Target to $95.00

AST SpaceMobile (NASDAQ:ASTS) had its target price trimmed by B. Riley Securities from $105.00 to $95.00 in a research report released on Friday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other equities research analysts have also recently commented on the company. Barclays cut AST SpaceMobile from an “overweight” rating to an “underweight” rating and set a $60.00 price objective for the company. in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of AST SpaceMobile in a report on Tuesday, January 20th. B. Riley Financial restated a “neutral” rating on shares of AST SpaceMobile in a research note on Friday. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a report on Monday, December 29th. Finally, Scotiabank cut shares of AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price objective for the company. in a report on Wednesday, January 7th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, AST SpaceMobile presently has an average rating of “Reduce” and an average target price of $51.83.

AST SpaceMobile Stock Performance

Shares of ASTS opened at $82.51 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 9.56 and a quick ratio of 9.48. The stock has a 50-day moving average of $91.56 and a 200-day moving average of $70.36. The company has a market cap of $30.28 billion, a PE ratio of -66.54 and a beta of 2.70. AST SpaceMobile has a one year low of $18.22 and a one year high of $129.89.

Insider Transactions at AST SpaceMobile

In related news, CAO Maya Bernal sold 6,000 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $73.76, for a total transaction of $442,560.00. Following the transaction, the chief accounting officer directly owned 122,486 shares in the company, valued at approximately $9,034,567.36. The trade was a 4.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Keith R. Larson acquired 625 shares of the firm’s stock in a transaction on Wednesday, December 24th. The stock was purchased at an average price of $80.00 per share, with a total value of $50,000.00. Following the purchase, the director owned 2,015 shares in the company, valued at approximately $161,200. The trade was a 44.96% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders have purchased 2,765 shares of company stock worth $187,236 and have sold 2,354,621 shares worth $164,348,075. 30.90% of the stock is owned by insiders.

Institutional Trading of AST SpaceMobile

A number of hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC grew its stake in AST SpaceMobile by 11.8% in the 1st quarter. AQR Capital Management LLC now owns 34,548 shares of the company’s stock valued at $786,000 after purchasing an additional 3,642 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in AST SpaceMobile by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 79,764 shares of the company’s stock valued at $1,814,000 after buying an additional 3,515 shares during the period. Millennium Management LLC increased its holdings in AST SpaceMobile by 16.1% during the first quarter. Millennium Management LLC now owns 467,626 shares of the company’s stock worth $10,634,000 after buying an additional 64,989 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in AST SpaceMobile by 18.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 325,621 shares of the company’s stock worth $7,405,000 after acquiring an additional 49,811 shares during the period. Finally, Strs Ohio purchased a new position in AST SpaceMobile in the first quarter valued at about $168,000. 60.95% of the stock is currently owned by institutional investors.

More AST SpaceMobile News

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

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.