AST SpaceMobile, Inc. $ASTS Shares Bought by X Square Capital LLC

X Square Capital LLC grew its position in AST SpaceMobile, Inc. (NASDAQ:ASTS) by 456.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 228,150 shares of the company’s stock after acquiring an additional 187,150 shares during the quarter. AST SpaceMobile comprises about 3.5% of X Square Capital LLC’s holdings, making the stock its 3rd largest position. X Square Capital LLC’s holdings in AST SpaceMobile were worth $11,198,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Oppenheimer & Co. Inc. increased its holdings in shares of AST SpaceMobile by 48.0% in the third quarter. Oppenheimer & Co. Inc. now owns 532,960 shares of the company’s stock valued at $26,158,000 after purchasing an additional 172,759 shares during the period. State Board of Administration of Florida Retirement System increased its stake in AST SpaceMobile by 342.2% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 132,087 shares of the company’s stock valued at $6,172,000 after buying an additional 102,217 shares during the period. Y Intercept Hong Kong Ltd purchased a new position in AST SpaceMobile during the 2nd quarter worth $21,754,000. Yarbrough Capital LLC raised its position in AST SpaceMobile by 28.0% during the 3rd quarter. Yarbrough Capital LLC now owns 99,372 shares of the company’s stock worth $4,877,000 after buying an additional 21,739 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D lifted its stake in shares of AST SpaceMobile by 14.0% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 77,159 shares of the company’s stock worth $3,606,000 after acquiring an additional 9,448 shares during the period. Institutional investors and hedge funds own 60.95% of the company’s stock.

AST SpaceMobile Stock Down 7.2%

AST SpaceMobile stock opened at $80.20 on Monday. The stock’s fifty day moving average is $92.14 and its two-hundred day moving average is $71.45. The company has a debt-to-equity ratio of 0.43, a quick ratio of 9.48 and a current ratio of 9.56. AST SpaceMobile, Inc. has a fifty-two week low of $18.22 and a fifty-two week high of $129.89. The firm has a market capitalization of $29.44 billion, a price-to-earnings ratio of -64.68 and a beta of 2.70.

Insider Transactions at AST SpaceMobile

In related news, Director Keith R. Larson purchased 625 shares of the company’s stock in a transaction that occurred on Wednesday, December 24th. The stock was purchased at an average price of $80.00 per share, with a total value of $50,000.00. Following the completion of the transaction, the director owned 2,015 shares of the company’s stock, valued at approximately $161,200. This trade represents a 44.96% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Tower Corp /Ma/ American sold 2,288,621 shares of AST SpaceMobile stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $69.75, for a total transaction of $159,631,314.75. Following the completion of the transaction, the insider owned 211,379 shares in the company, valued at approximately $14,743,685.25. This trade represents a 91.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders bought 2,015 shares of company stock valued at $149,144 and sold 2,354,621 shares valued at $164,348,075. 30.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

ASTS has been the topic of a number of recent analyst reports. Zacks Research lowered shares of AST SpaceMobile from a “hold” rating to a “strong sell” rating in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of AST SpaceMobile in a research report on Tuesday, January 20th. B. Riley Financial reduced their price target on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Scotiabank cut AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price objective for the company. in a research report on Wednesday, January 7th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of AST SpaceMobile in a research report on Monday, December 29th. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $52.94.

More AST SpaceMobile News

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

• Positive Sentiment: AST links its BlueBird-6 milestone to the funding move, underscoring operational progress (satellite milestone may support long‑term commercial case). Article Title
• Neutral Sentiment: AST SpaceMobile will host a quarterly business-update call on March 2 (management will take shareholder questions — could provide near-term clarity or catalysts depending on guidance). Article Title
• Neutral Sentiment: A market note highlighted a recent closing quote that outpaced the market on one session, indicating short‑term volatility in trading prints. Article Title
• Neutral Sentiment: Reported short-interest data in the feeds is inconsistent/zeroed out (the published figures show 0 shares and NaN changes), so short-interest signals are unreliable right now.
• Negative Sentiment: AST issued ~$1.0B of convertible notes (2.25%), with expected net proceeds ≈ $983.7M (≈ $1.13B if option exercised); while this boosts cash runway, investors worry about dilution and conversion risk — a likely driver of selling pressure. Article Title
• Negative Sentiment: Market commentary ties the convertible financing and expected use of proceeds for general corporate purposes to the stock decline today — investors reacted by reducing positions amid dilution concerns. Article Title

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.