Stock Traders Buy High Volume of AST SpaceMobile Call Options (NASDAQ:ASTS)

AST SpaceMobile, Inc. (NASDAQ:ASTS) was the target of some unusual options trading on Friday. Investors bought 235,216 call options on the stock. This is an increase of approximately 44% compared to the average volume of 163,466 call options.

Insiders Place Their Bets

In other news, CFO Andrew Martin Johnson sold 5,000 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $90.25, for a total value of $451,250.00. Following the transaction, the chief financial officer owned 565,805 shares of the company’s stock, valued at $51,063,901.25. This represents a 0.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, major shareholder Hiroshi Mikitani sold 1,690,000 shares of the company’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $91.42, for a total value of $154,499,800.00. Following the completion of the transaction, the insider directly owned 29,330,155 shares in the company, valued at approximately $2,681,362,770.10. This trade represents a 5.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 3,100,000 shares of company stock worth $276,048,350. Company insiders own 20.89% of the company’s stock.

Institutional Trading of AST SpaceMobile

Several hedge funds have recently made changes to their positions in the business. Calton & Associates Inc. lifted its position in shares of AST SpaceMobile by 0.8% during the fourth quarter. Calton & Associates Inc. now owns 13,579 shares of the company’s stock worth $986,000 after purchasing an additional 104 shares in the last quarter. Investmark Advisory Group LLC lifted its position in shares of AST SpaceMobile by 2.7% during the fourth quarter. Investmark Advisory Group LLC now owns 4,645 shares of the company’s stock worth $337,000 after purchasing an additional 120 shares in the last quarter. ORG Partners LLC lifted its position in shares of AST SpaceMobile by 4.2% during the fourth quarter. ORG Partners LLC now owns 3,283 shares of the company’s stock worth $238,000 after purchasing an additional 133 shares in the last quarter. Atlantic Union Bankshares Corp lifted its position in shares of 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 in the last quarter. Finally, Larson Financial Group LLC lifted its position in shares of 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 in the last quarter. Institutional investors and hedge funds own 60.95% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on ASTS shares. William Blair reaffirmed a “market perform” rating on shares of AST SpaceMobile in a research report on Friday, May 29th. New Street Research set a $106.00 target price on shares of AST SpaceMobile in a research report on Friday, May 29th. Barclays upped their target price on shares of AST SpaceMobile from $60.00 to $65.00 and gave the company an “underweight” rating in a research report on Thursday, April 9th. Roth Mkm reaffirmed a “buy” rating and issued a $108.00 target price on shares of AST SpaceMobile in a research report on Tuesday, May 12th. Finally, B. Riley Financial upped their target price on shares of AST SpaceMobile from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $81.33.

AST SpaceMobile Stock Down 12.8%

Shares of ASTS opened at $93.60 on Friday. The stock has a market capitalization of $36.33 billion, a PE ratio of -52.58 and a beta of 2.70. AST SpaceMobile has a 1 year low of $29.78 and a 1 year high of $133.86. The company has a debt-to-equity ratio of 1.11, a quick ratio of 18.37 and a current ratio of 18.47. The company’s 50-day simple moving average is $89.60 and its 200-day simple moving average is $86.71.

AST SpaceMobile (NASDAQ:ASTS) last issued its quarterly earnings results on Monday, May 11th. The company reported ($0.66) earnings per share (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 analyst estimates of $39.01 million. AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The firm’s revenue for the quarter was up 1952.2% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.20) EPS. Analysts forecast that AST SpaceMobile will post -1.47 earnings per share for the current fiscal year.

More AST SpaceMobile News

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

• Positive Sentiment: Blue Origin may resume launches this year, a sign that space launch activity could recover sooner than expected and lift sentiment for AST SpaceMobile and other space-related stocks. Jeff Bezos Sees Blue Origin Launching Again This Year. That’s Good News for These Stocks.
• Positive Sentiment: Analysts and market commentary continue to highlight AST SpaceMobile’s upcoming BlueBird launch progress and reaffirmed 2026 guidance, which could keep investors focused on execution rather than just valuation. AST SpaceMobile (ASTS) Valuation Check After Reaffirmed 2026 Guidance And BlueBird Launch Progress
• Neutral Sentiment: Broader space-stock trading has been volatile, with earlier gains tied to SpaceX-related enthusiasm and later pullbacks as the trade cooled, adding noise around ASTS shares. Is It Time To Reassess AST SpaceMobile (ASTS) After Its Recent Price Swings?
• Negative Sentiment: Some commentary continues to flag competitive pressure from Starlink, macro risks, and falling estimates, which could cap upside even if launch-related sentiment improves. ASTS Plagued by Competitive Pressure, Macro Risks: Time to Rethink?

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.