Dakota Wealth Management Purchases New Stake in AST SpaceMobile, Inc. $ASTS

Dakota Wealth Management acquired a new position in shares of AST SpaceMobile, Inc. (NASDAQ:ASTS) during the 4th quarter, Holdings Channel.com reports. The firm acquired 10,939 shares of the company’s stock, valued at approximately $794,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Byrne Asset Management LLC bought a new stake in AST SpaceMobile during the fourth quarter valued at $29,000. REAP Financial Group LLC acquired a new stake in shares of AST SpaceMobile during the third quarter worth $25,000. Harvest Fund Management Co. Ltd bought a new position in shares of AST SpaceMobile in the 3rd quarter worth about $29,000. Geneos Wealth Management Inc. lifted its position in shares of AST SpaceMobile by 225.0% in the 3rd quarter. Geneos Wealth Management Inc. now owns 650 shares of the company’s stock worth $32,000 after buying an additional 450 shares during the last quarter. Finally, Binnacle Investments Inc acquired a new position in shares of AST SpaceMobile in the 2nd quarter valued at about $33,000. Institutional investors and hedge funds own 60.95% of the company’s stock.

Key Stories Impacting AST SpaceMobile

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

• Positive Sentiment: Sector rally tailwind — reports that SpaceX may file a very large IPO lifted demand for space and satellite names, which earlier pushed ASTS higher before today’s pullback. Could SpaceX’s $1.75 Trillion Valuation Make It the Biggest Public Offering in History?
• Positive Sentiment: Company fundamentals/near-term catalyst — ASTS reported a Q4 revenue beat and provided an update on its BlueBird rollout and the upcoming BlueBird‑7 launch, which investors see as the clearest path to commercial proof‑points for its direct‑to‑device network. AST SpaceMobile (ASTS) Is Up 5.9% After Q4 Revenue Beat And BlueBird 7 Launch Update
• Positive Sentiment: Institutional support — large funds (Vanguard, Morgan Stanley, State Street) have significantly increased positions during the quarter, which underpins longer‑term liquidity and can limit downside if execution stays on track. AST SpaceMobile institutional holdings and activity
• Neutral Sentiment: Peer comparison/sector rotation — analysts and media are re‑rating space peers (e.g., comparisons to Rocket Lab and strong moves in Planet Labs), which can shift flows between winners and laggards in the group without changing ASTS’s fundamental timetable. Better Buy: AST SpaceMobile or Rocket Lab?
• Negative Sentiment: Insider selling — CTO Huiwen Yao sold 40,000 shares (~$3.56M), a large disclosed disposal that likely fed short‑term selling pressure and investor caution. Huiwen Yao insider sale
• Negative Sentiment: Analyst/consensus caution — broker consensus pulled to a “Reduce” and some firms have downgraded targets or flagged that ASTS’s valuation reflects high execution risk, increasing vulnerability to disappointment. AST SpaceMobile Given Consensus Recommendation of “Reduce”
• Negative Sentiment: Earnings/valuation friction — despite revenue growth, ASTS recently missed EPS estimates and still carries wide negative margins; investors are sensitive to any launch delays or operator monetization setbacks. Why AST SpaceMobile, Inc. (ASTS) Dipped More Than Broader Market Today

Insiders Place Their Bets

In other AST SpaceMobile news, CTO Huiwen Yao sold 40,000 shares of the stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $88.88, for a total transaction of $3,555,200.00. Following the completion of the transaction, the chief technology officer directly owned 4,750 shares of the company’s stock, valued at approximately $422,180. This trade represents a 89.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 30.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on ASTS shares. UBS Group boosted their price objective on shares of AST SpaceMobile from $43.00 to $85.00 and gave the company a “neutral” rating in a research report on Wednesday, March 4th. Zacks Research raised shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of AST SpaceMobile in a research note on Tuesday, January 20th. B. Riley Financial dropped their price target on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $63.77.

AST SpaceMobile Price Performance

ASTS stock opened at $78.67 on Monday. AST SpaceMobile, Inc. has a 52 week low of $18.22 and a 52 week high of $129.89. The company has a market capitalization of $30.05 billion, a price-to-earnings ratio of -59.60 and a beta of 2.78. The firm’s 50-day moving average is $94.98 and its two-hundred day moving average is $78.95. The company has a current ratio of 16.35, a quick ratio of 16.27 and a debt-to-equity ratio of 0.92.

AST SpaceMobile (NASDAQ:ASTS) last posted its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.08). AST SpaceMobile had a negative net margin of 482.16% and a negative return on equity of 23.02%. The company had revenue of $54.31 million during the quarter, compared to the consensus estimate of $39.53 million. The company’s revenue was up 2731.3% compared to the same quarter last year. On average, analysts forecast that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current fiscal 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.