Huiwen Yao Sells 40,000 Shares of AST SpaceMobile (NASDAQ:ASTS) Stock

AST SpaceMobile, Inc. (NASDAQ:ASTS) CTO Huiwen Yao sold 40,000 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $96.37, for a total transaction of $3,854,800.00. Following the sale, the chief technology officer owned 34,750 shares of the company’s stock, valued at $3,348,857.50. This trade represents a 53.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Huiwen Yao also recently made the following trade(s):

• On Monday, March 23rd, Huiwen Yao sold 40,000 shares of AST SpaceMobile stock. The stock was sold at an average price of $88.88, for a total transaction of $3,555,200.00.

AST SpaceMobile Stock Performance

NASDAQ ASTS opened at $88.71 on Wednesday. AST SpaceMobile, Inc. has a 1 year low of $34.21 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. The firm has a market cap of $34.43 billion, a price-to-earnings ratio of -49.84 and a beta of 2.70. The company has a fifty day moving average price of $89.89 and a 200-day moving average price of $87.38.

AST SpaceMobile (NASDAQ:ASTS) last posted its 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). AST SpaceMobile had a negative return on equity of 24.87% and a negative net margin of 573.67%.The firm had revenue of $14.74 million during the quarter, compared to the consensus estimate of $39.01 million. During the same quarter in the previous year, the company earned ($0.20) EPS. The business’s revenue was up 1952.2% compared to the same quarter last year. As a group, equities research analysts predict that AST SpaceMobile, Inc. will post -1.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on ASTS. Wall Street Zen lowered shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a research note on Wednesday, April 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a report on Friday, March 27th. B. Riley Financial boosted their price target on shares of AST SpaceMobile from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Tuesday, May 12th. Roth Mkm reissued a “buy” rating and issued a $108.00 price target on shares of AST SpaceMobile in a report on Tuesday, May 12th. Finally, Zacks Research raised shares of AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, AST SpaceMobile currently has a consensus rating of “Reduce” and an average price target of $81.33.

Hedge Funds Weigh In On AST SpaceMobile

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of AST SpaceMobile by 7.9% in the 4th quarter. Vanguard Group Inc. now owns 21,488,180 shares of the company’s stock worth $1,560,687,000 after buying an additional 1,568,292 shares during the last quarter. Vodafone Ventures Ltd purchased a new position in shares of AST SpaceMobile in the 4th quarter worth about $397,413,000. Morgan Stanley boosted its holdings in shares of AST SpaceMobile by 44.0% in the 4th quarter. Morgan Stanley now owns 4,661,551 shares of the company’s stock worth $338,569,000 after buying an additional 1,425,199 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of AST SpaceMobile by 9.8% in the 4th quarter. Geode Capital Management LLC now owns 4,522,549 shares of the company’s stock worth $328,749,000 after buying an additional 402,505 shares during the last quarter. Finally, State Street Corp boosted its holdings in shares of AST SpaceMobile by 9.7% in the 4th quarter. State Street Corp now owns 3,951,685 shares of the company’s stock worth $287,011,000 after buying an additional 350,690 shares during the last quarter. 60.95% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about AST SpaceMobile

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

• Positive Sentiment: AST SpaceMobile confirmed a June 17 launch for its next three BlueBird satellites (8, 9, and 10), a key operational milestone that could help reinforce the company’s 2026 deployment goals. AST SpaceMobile Announces Launch Date for BlueBird Satellites 8, 9, and 10
• Positive Sentiment: The BlueBird launch update also suggests the company is making tangible progress on its space-based cellular network, which investors often view as a catalyst for future commercial adoption and revenue growth. AST SpaceMobile sets June 17 launch for BlueBird 8, 9, and 10 satellites
• Neutral Sentiment: Several stories highlighted growing interest around the broader satellite and space connectivity market, including comparisons with SpaceX/Starlink and comments that AST SpaceMobile remains a volatile space-stock name. AST SpaceMobile’s stock experiences rocky trading as SpaceX plans to launch its satellites into orbit
• Neutral Sentiment: Broad-market weakness in AI and chip stocks also weighed on risk appetite, which can spill over into high-beta names like ASTS. S&P 500, Nasdaq End Lower As Investors Take Breather From AI And Chips — AAPL, ASTS, APLD, RIVN, ZVRA In Focus
• Negative Sentiment: Bearish analyst coverage remains a headwind: Barclays reiterated a sell view, and consensus brokerage sentiment on AST SpaceMobile continues to skew to Reduce. Barclays Sticks to Its Sell Rating for AST SpaceMobile (ASTS)
• Negative Sentiment: Recent insider selling by CTO Huiwen Yao added to investor caution, even though the sale was made under a pre-arranged trading plan. Insider Selling: AST SpaceMobile (NASDAQ:ASTS) CTO Sells 40,000 Shares of Stock

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.