AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report) President Scott Wisniewski sold 25,904 shares of the business’s stock in a transaction 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 sale, the president directly owned 745,973 shares in the company, valued at $94,470,020.72. The trade was a 3.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
AST SpaceMobile Stock Up 8.3%
ASTS stock opened at $129.60 on Thursday. The company has a quick ratio of 18.37, a current ratio of 18.47 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $50.30 billion, a PE ratio of -72.81 and a beta of 2.60. AST SpaceMobile, Inc. has a twelve month low of $22.47 and a twelve month high of $131.20. The stock has a 50-day simple moving average of $86.86 and a two-hundred day simple moving average of $84.60.
AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported ($0.66) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.43). The company had revenue of $14.74 million for the quarter, compared to analysts’ expectations of $39.01 million. AST SpaceMobile had a negative net margin of 573.67% and a negative return on equity of 24.87%. The firm’s quarterly revenue was up 1952.2% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.20) EPS. On average, equities analysts predict that AST SpaceMobile, Inc. will post -1.47 EPS for the current fiscal year.
Hedge Funds Weigh In On AST SpaceMobile
Key AST SpaceMobile News
Here are the key news stories impacting AST SpaceMobile this week:
- Positive Sentiment: ASTS is drawing strong sector-wide buying as the upcoming SpaceX IPO is prompting investors to re-rate space infrastructure names higher. ASTS adds $10B in market cap on bold industry developments
- Positive Sentiment: The company’s June launch plan keeps its 2026 satellite deployment goal in focus, which supports the bullish case that ASTS is moving closer to commercial execution. AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
- Positive Sentiment: Coverage continues to highlight ASTS’s direct-to-smartphone satellite technology, FCC progress, and telecom partnerships as long-term growth drivers. Zacks Investment Ideas feature highlights: AST SpaceMobile
- Positive Sentiment: Investors are also focused on ASTS’s Vodafone joint venture and Europe’s push for satellite independence, which could expand demand for the company’s network. ASTS Stock Jumps Overnight: Europe’s Push Against Starlink Shines Spotlight On AST SpaceMobile’s Vodafone JV
- Neutral Sentiment: Social-media chatter and broader space-stock enthusiasm are adding momentum, but these headlines are more sentiment-driven than fundamental. Social Buzz: Wallstreetbets Stocks Mostly Advancing Pre-Bell Wednesday; Intuitive Machines, Rocket Lab to Open Higher
- Negative Sentiment: Some analysts are flagging valuation risk, debt from the recent convertible note issuance, and dilution concerns, which could limit upside if execution slows. The SpaceX IPO Frenzy Is Creating 2 Very Different Bets (ASTS)
Analysts Set New Price Targets
ASTS has been the subject of several analyst reports. Barclays raised their price target on shares of AST SpaceMobile from $60.00 to $65.00 and gave the company an “underweight” rating in a report on Thursday, April 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of AST SpaceMobile in a report on Friday, March 27th. Wall Street Zen downgraded shares of AST SpaceMobile from a “sell” rating to a “strong sell” rating in a report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft set a $117.00 price target on shares of AST SpaceMobile in a report on Wednesday, April 15th. Finally, B. Riley Financial raised their price target on AST SpaceMobile from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Tuesday, May 12th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $79.45.
Read Our Latest Report on ASTS
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.
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