OP Asset Management Ltd Makes New $1.89 Million Investment in AST SpaceMobile, Inc. $ASTS

OP Asset Management Ltd bought a new stake in AST SpaceMobile, Inc. (NASDAQ:ASTS) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm bought 22,749 shares of the company’s stock, valued at approximately $1,885,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Calton & Associates Inc. boosted its position in shares of AST SpaceMobile by 0.8% during the 4th quarter. Calton & Associates Inc. now owns 13,579 shares of the company’s stock worth $986,000 after acquiring an additional 104 shares in the last quarter. Investmark Advisory Group LLC raised its position in AST SpaceMobile by 2.7% during the fourth quarter. Investmark Advisory Group LLC now owns 4,645 shares of the company’s stock valued at $337,000 after purchasing an additional 120 shares in the last quarter. ORG Partners LLC raised its position in AST SpaceMobile by 4.2% during the fourth quarter. ORG Partners LLC now owns 3,283 shares of the company’s stock valued at $238,000 after purchasing an additional 133 shares in the last quarter. Atlantic Union Bankshares Corp lifted its stake in AST SpaceMobile by 18.2% during the fourth quarter. Atlantic Union Bankshares Corp now owns 923 shares of the company’s stock worth $67,000 after purchasing an additional 142 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake in AST SpaceMobile by 39.0% during the fourth quarter. Larson Financial Group LLC now owns 513 shares of the company’s stock worth $37,000 after purchasing an additional 144 shares during the last quarter. Institutional investors own 60.95% of the company’s stock.

Analyst Ratings Changes

ASTS has been the topic of several recent analyst reports. Roth Mkm reiterated a “buy” rating and issued a $108.00 price target on shares of AST SpaceMobile in a research note on Tuesday, May 12th. Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Wednesday. UBS Group reduced their price objective on AST SpaceMobile from $85.00 to $80.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. B. Riley Financial lifted their target price on AST SpaceMobile from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, May 12th. Finally, Barclays boosted their target price on AST SpaceMobile from $60.00 to $65.00 and gave the stock an “underweight” rating in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $85.09.

More AST SpaceMobile News

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

• Positive Sentiment: Space stocks are catching a bid, and ASTS is rising with the group as investors speculate that capital may be rotating toward non-SpaceX space names. Virgin Galactic Rises 13%, AST SpaceMobile Jumps 9%, Rocket Lab Climbs 5%: Is This a Re-Rotation Out of SpaceX?
• Positive Sentiment: Investors are encouraged by faster satellite launch execution, which could help ASTS advance its network rollout and improve confidence in its commercial timeline. Why Did AST SpaceMobile Stock Pop Today?
• Positive Sentiment: Vodafone-backed Europe rollout plans and Spain-related commercialization comments point to possible international revenue opportunities beginning in 2027. ASTS Stock Rises After-Hours: Vodafone-Backed Europe Rollout Hits Spain, 2027 Launch In View
• Neutral Sentiment: Some commentary remains mixed, noting that ASTS has already fallen sharply from its highs and continues to face concerns about insider selling, analyst downgrades, and capital needs. AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
• Negative Sentiment: Bearish valuation arguments are also weighing on sentiment, with some analysts saying the stock already prices in aggressive execution and a dominant market position despite ongoing cash burn. SpaceX valuation loses altitude as AI risks mount

AST SpaceMobile Stock Performance

AST SpaceMobile stock opened at $71.57 on Monday. The business has a 50 day moving average of $87.18 and a 200-day moving average of $89.23. The company has a market capitalization of $27.78 billion, a P/E ratio of -40.21 and a beta of 2.70. AST SpaceMobile, Inc. has a 1 year low of $36.08 and a 1 year high of $133.86. 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 (NASDAQ:ASTS) last posted its 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). AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The business had revenue of $14.73 million for the quarter, compared to analyst estimates of $39.01 million. During the same quarter in the prior year, the business earned ($0.20) earnings per share. The firm’s quarterly revenue was up 1952.2% on a year-over-year basis. On average, equities research analysts predict that AST SpaceMobile, Inc. will post -1.47 earnings per share for the current year.

Insider Buying and Selling at AST SpaceMobile

In related news, CFO Andrew Martin Johnson sold 45,809 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $93.81, for a total value of $4,297,342.29. Following the completion of the sale, the chief financial officer directly owned 503,619 shares in the company, valued at $47,244,498.39. This represents a 8.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Huiwen Yao sold 40,000 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $96.37, for a total value of $3,854,800.00. Following the transaction, the chief technology officer directly owned 34,750 shares of the company’s stock, valued at approximately $3,348,857.50. This represents a 53.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 3,145,809 shares of company stock worth $280,645,292 in the last three months. 20.89% of the stock is currently owned by company 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.