AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) President Scott Wisniewski sold 25,904 shares of the firm’s stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $126.64, for a total transaction of $3,280,482.56. Following the completion of the sale, the president directly owned 745,973 shares in the company, valued at $94,470,020.72. This represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
AST SpaceMobile Trading Up 2.7%
Shares of ASTS opened at $133.09 on Friday. The firm’s 50 day simple moving average is $87.61 and its 200 day simple moving average is $85.05. The company has a market capitalization of $51.65 billion, a P/E ratio of -74.77 and a beta of 2.60. The company has a debt-to-equity ratio of 1.11, a current ratio of 18.47 and a quick ratio of 18.37. AST SpaceMobile, Inc. has a 1-year low of $22.47 and a 1-year high of $133.86.
AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last posted its quarterly earnings results on Monday, May 11th. The company reported ($0.66) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.43). The business had revenue of $14.74 million for the quarter, compared to analysts’ expectations of $39.01 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The company’s revenue was up 1952.2% compared to the same quarter last year. During the same period last year, the business posted ($0.20) earnings per share. Sell-side analysts forecast that AST SpaceMobile, Inc. will post -1.47 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on ASTS
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Cornerstone Planning Group LLC increased 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 buying an additional 327 shares during the period. Crewe Advisors LLC purchased a new position in shares of AST SpaceMobile in the fourth quarter worth $25,000. Laurel Wealth Advisors LLC bought a new stake in AST SpaceMobile in the fourth quarter valued at $25,000. Portus Wealth Advisors LLC bought a new stake in AST SpaceMobile in the first quarter valued at $30,000. Finally, Advocate Investing Services LLC bought a new stake in AST SpaceMobile in the first quarter valued at $31,000. 60.95% of the stock is owned by hedge funds and other institutional investors.
More AST SpaceMobile News
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: ASTS is still being rewarded by the broader space-stock rally sparked by SpaceX IPO speculation, which has lifted investor appetite for names tied to satellite infrastructure and launch activity. ASTS adds $10B in market cap on bold industry developments
- Positive Sentiment: Coverage continues to highlight AST SpaceMobile’s direct-to-smartphone satellite model, FCC approval progress, telecom partnerships, and a large cash balance, reinforcing the bull case for future commercial scaling. Zacks Investment Ideas feature highlights: AST SpaceMobile
- Positive Sentiment: The company’s June launch plan is keeping its 2026 satellite deployment target in focus, which investors may view as a sign ASTS is moving closer to execution on its network buildout. AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
- Positive Sentiment: Investors are also focused on ASTS’s Vodafone joint venture and Europe’s push for satellite independence, which could support long-term demand for its network. ASTS Stock Jumps Overnight: Europe’s Push Against Starlink Shines Spotlight On AST SpaceMobile’s Vodafone JV
- Neutral Sentiment: Social-media chatter and Reddit attention are adding momentum, but this is mostly sentiment-driven rather than tied to a new operating development. Social Buzz: Wallstreetbets Stocks Mostly Advancing Pre-Bell Wednesday; Intuitive Machines, Rocket Lab to Open Higher
- Negative Sentiment: One offsetting concern is insider selling: President Scott Wisniewski sold 25,904 shares, which can raise questions about valuation after the stock’s sharp run-up. Insider Selling: AST SpaceMobile (NASDAQ:ASTS) President Sells 25,904 Shares of Stock
- Negative Sentiment: Some commentators are also warning about stretched valuation and dilution/debt risks, especially if ASTS’s launch and revenue execution slows. The SpaceX IPO Frenzy Is Creating 2 Very Different Bets (ASTS)
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.
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